Legal Archives - Page 65 of 221 - Managers of Wealth Middle East

Banking law amendments for capital requirements could trigger profit retention, M&As: Pharos

May 23, 2019

Pharos Research said, on Wednesday, that Capital requirements for commercial banks could rise tenfold to EGP 5bn under proposed amendments…

Legal

Saudi court accepts AHAB's bankruptcy filing, rejects liquidation – sources

May 22, 2019

A Saudi commercial court has accepted a filing by conglomerate AHAB to have its decade-long dispute with creditors resolved under…

Legal

Why high net-worth families in the Middle East are looking to Guernsey for private wealth solutions

May 21, 2019

Guernsey's fiduciary companies continue to win substantive mandates for new private wealth structures, and a growing stream of new business…

Legal

DCI sleuths in Dubai, Kenya late loan payments, Handshake kills NGOs: Your Breakfast Briefing

May 21, 2019

Good morning, Officers from the Directorate of Criminal Investigations flew to Dubai on Monday night to record a statement…

Legal

Saudi Arabia fines 16 banks, including UAE bank

May 20, 2019

Saudi Arabia's central bank on Sunday fined 16 banks, including a UAE bank and some of Kingdom's largest banks, for…

Executive Moves

Herbert Smith Freehills Appoints New Regional Head of Finance

May 13, 2019

Herbert Smith Freehills has appointed Eric Fiszelson to the role of Regional Head of Practice for the firm's EMEA finance…

Fraud & Ethics

TPG agrees to manage Abraaj’s $1bn healthcare fund despite fraud cases

May 10, 2019

US private equity group TPG has agreed to manage Abraaj’s $1bn healthcare fund despite criminal fraud cases against the collapsed…

Legal

Financial Connectivity Boosts Performance of Saudi Enforcement Courts

May 8, 2019

Judges in enforcement courts are now connected to 13 digital financial services to help speed up procedures and implementation of…

Hedge Funds & Alternative Investments

DWF advises Neutral Capital Finance PLC on US$50m green Eurobond programme

May 8, 2019

DWF's Debt Capital Markets team has advised Neutral Capital Finance PLC in its capacity as issuer of a green US$50m…

Hedge Funds & Alternative Investments

Abraaj founder does not post $20m bail, remains in jail

May 8, 2019

Arif Naqvi, the founder of the UAE’s Abraaj Group is still being held in a UK jail after winning bail…

Fraud & Ethics

ED files money laundering charge sheet against Zakir Naik

May 3, 2019

The Enforcement Directorate on Thursday filed a charge sheet against controversial preacher Zakir Naik in a Mumbai court, saying it…

Legal

UAE fines 9 government service centres for poor performance

May 1, 2019

As part of a crackdown on poor performance, nine Tasheel government service centres were penalised, one was temporarily shut down…

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