Abu Dhabi Global Market updates anti-money laundering rules
The proposed revisions to the existing anti-money laundering regime follow on from a recent review of the UAE's federal laws…
Legal
2649 articles found
Andrej Kormuth Joins Bracewell's Award-Winning Projects Team in Dubai
Bracewell has announced that Andrej Kormuth has joined the firm as a partner in the Dubai office. Kormuth comes…
New legal practice launched
Two well-established UAE law practices have partnered to create a new law firm, offering independent legal solutions to businesses in…
Israeli court backs taxman on yachts
Owners of yachts imported to Israel must pay the wealth tax initiated by MK Yair Lapid (Yesh Atid), the Central…
Qatar, China, Japan sought 'extras' after Barclays 2008 fundraising: court
Qatari, Chinese and Japanese investors all sought “extras” from Barclays as the British bank raised billions of pounds at the…
‘Wealth manager’ on trial after collecting money ‘unlawfully’
A suspect, who claimed to be a wealth manager, and allegedly took money from many to invest in various schemes,…
Saudi Arabia Monetary Authority updates banking licensing guidelines
Financial regulator the Saudi Arabia Monetary Authority (SAMA) has updated its guidelines for those seeking a banking licence, in a…
Dubai’s DIFC Courts sees value of claims rise sharply in 2018
The value of claims at the Dubai International Financial Centre Courts rose by “422 per cent” in 2018 led by…
Abraaj close to selling major assets
The Abraaj Group, once the largest private equity firm in the Middle East, is close to reaching a key milestone…
Clifford Chance appoints new Regional Managing Partner for the Middle East
Mo takes over from Robin Abraham who has been in the post since 2014. Robin has worked in the Middle…
Bahrain's $10bn fiscal stability package has boosted confidence, says central bank governor
The $10bn (Dh36.7bn) financial support package extended to Bahrain by Gulf countries, has shored up investor confidence and is helping…
Barclays feared losing talent to US banks if it took 2008 bailout, court hears
Barclays feared that a government bailout in 2008 would prevent it from paying high salaries to staff and allow American…