Legal Archives - Page 41 of 221 - Managers of Wealth Middle East

Newcastle owner Mike Ashley banks £17m from takeover saga despite Saudi’s proposed £300m deal collapsing

July 31, 2020

Mike Ashley is set to pocket £17m despite the £300million Saudi Arabian takeover of Newcastle United falling through. The…

FinTech

Kuwaiti social media influencers named in online money laundering probe

July 29, 2020

Kuwait’s interior ministry has named 10 social media influencers connected to a money laundering investigation into e-commerce site Boutiqaat.com. …

Legal

Kuwait’s draft law on expat quotas to exempt domestic workers, those on government contracts

July 28, 2020

A draft law in Kuwait which seeks to impose an expat quota system in the country to help “rebalance its…

Comment & Analysis

Tom De Waele on Bain & Company's Middle East ambitions

July 28, 2020

With a team of over 25 partners and 300 professionals, Bain & Company is one of the leading strategic consultancies…

Hedge Funds & Alternative Investments

Kuwait Investment Authority goes legal against former officials

July 28, 2020

Kuwait Investment Authority, the fourth-largest sovereign wealth fund, is caught up in a legal dispute with former managers at its…

Fraud & Ethics

Appeals court increases fine on four banks, three officials in money laundering case

July 28, 2020

AN appeals court in Bahrain has increased the fines imposed on three officials and four banks in connection with a…

Fraud & Ethics

Fraudster David Haigh told he faces jail if he fails to provide financial details to a UK court

July 28, 2020

David Haigh, the former executive of Bahrain’s GFH Financial Group and a convicted fraudster, has been told he faces jail…

Legal

Kuwait sovereign wealth fund fights court battle with fired executives

July 27, 2020

The Kuwait Investment Authority’s London arm has launched High Court proceedings against former executives over an alleged conspiracy to award…

Legal

Swiss Banks Accused in Kuwaiti Pension Scandal

July 24, 2020

Four Swiss wealth managers are in the crosshairs in a messy U.K. lawsuit involving the former head of Kuwait's social…

Comment & Analysis

Abu Dhabi's NMC Health seeks another $250m in bank funds

July 24, 2020

Abu Dhabi-based NMC Health’s immediate future now hinges on whether it can raise a further $250 million in debt. …

Extremely Wealthy

Kuwaiti banker faces arrest in Switzerland over $850m probe

July 22, 2020

A wealthy Kuwaiti businessman staying in London faces arrest if he travels to Switzerland for allegedly stealing nearly $850 million…

Hedge Funds & Alternative Investments

Lebanon court orders the seizure of bank governor’s assets

July 21, 2020

The order was issued following a lawsuit filed against Salameh by lawyers Hassan Adel Bazzi, Haytham Adnan Ezzou, Jad Othman…

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