Why Expats Shouldn’t Run Away From Debt In The Gulf
Expats in the United Arab Emirates are horrified to find out that unpaid debts can end up in a criminal…
Legal
2651 articles found
Abraaj founder sentenced to prison in absentia by UAE court
Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, has been sentenced in absentia to three years…
Collapsed Buyout Firm Abraaj Fined Record $315 Million by Dubai
• Serious wrongdoing by two Abraaj group companies included carrying out unauthorised activities in the DIFC and misusing investors’ monies.…
Building the court of the future in Dubai: Amna Al Owais on leading DIFC Courts
If anything can be said about Dubai’s business landscape, it’s that it moves fast. The incredible rate of development and…
Berkeley Assets appoints DLA Piper to handle all legal matters globally
International private equity firm Berkeley Assets has signed a contract with DLA Piper which places the global business law firm…
Kuwait – Female bank manager jailed in fraud, money-laundering
The Court of Cassation sentenced a female local bank manager to 10 years in prison with KD900,000 fine for obtaining…
Kuwaiti duo acquitted in KD 13 mln money-laundering case
The Court of Appeals has acquitted two citizens of usury and money laundering of KD13 million. The Public Prosecution charged…
Varley refuses to give witness statement in £1.5bn Barclays case
The former chief executive of Barclays, John Varley, who was recently acquitted of fraud charges, has refused to give a…
IMA scam victims in UAE hopeful after MD’s arrest
The arrest of an Indian man accused of disguising a Ponzi scheme as a "halal" investment plan has come as…
Cayman Islands Partner Relocates to Walkers Dubai
Walkers has announced that Cayman Islands partner Barnaby Gowrie has relocated to Dubai to lead the Insolvency and Dispute Resolution…
Top International Business Lawyer Joins Kalbian Hagerty
Kalbian Hagerty has announced that Mark H. Tulloss has joined the firm’s UAE office as Senior Counsel. Mr. Tulloss…
37% of the charities in Kuwait violated law
The file of charities has come to the fore again, following the recent events – the busting of the so-called…