Bahrain Amends Law to Help Startups Raise Capital
Startups and scale-ups in Bahrain are set to benefit from a funding boost following the launch of two new schemes…
Legal
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UAE stays senators’ favourite spot for investment
The United Arab Emirates continues to be the favourite foreign destination of lawmakers for investment in business and properties, as…
Allen & Overy appoints new Middle East and Turkey regional managing partner
Allen & Overy (A&O) has named M&A and equity capital markets lawyer Khalid Garousha as its new regional managing partner…
FinCEN Files reporting from North Africa and the Middle East
From Morocco to Jordan, journalists across North Africa and the Middle East explored secretive reports that detailed billions of dollars…
Saudi VAT increase: What are the long-term implications?
In a sudden decision, Saudi Arabia announced that from July 1, it would be hiking its value added tax (VAT)…
Bahraini Court Fines Central Bank of Iran in Money Laundering Case
The Bahraini High Criminal Court has sentenced three Iran-owned Future Bank officials charged with financial crimes and money laundering to…
Walkers Announces 2020 Promotions: Asia & Middle East Boasts 11 Promotions Across its Three Offices
Walkers has announced that 32 attorneys across its global offices have been promoted in Walkers' recent 2020 promotion round. Nine…
Saudi mining investment law takes effect in January 2021
The recently approved mining investment law will be fully activated by January 2021, said Khalid Al-Mudaifer, vice minister for mining…
Egypt: Unified tax procedures law introduced
The Egyptian government issued new legislation on 19 October 2020 introducing new unified tax procedures that apply as from 20…
Dentons advises Commercial Bank of Dubai on its issue of Additional Tier 1 capital securities​
Dentons has advised longstanding client Commercial Bank of Dubai on its issue of US$600 million perpetual Additional Tier 1 capital…
Jersey's BIT with the UAE and reflections on investment treaty practice in non-sovereign autonomous regions
A treaty is defined as 'a written agreement between two or more countries'. This is not necessarily correct. Non-sovereign autonomous…
Lebanon follows McKinsey advice and legalises cannabis farming
Two years after a McKinsey & Company report laid out the benefits, Lebanon has legalised cannabis farming for industrial and…