Asians in the dock for embezzling Dhs20m from bank
The Abu Dhabi Appellate Court heard the case of three Asians, an employee, a businessman and an auditor charged with…
Legal
2651 articles found
Dubai regulator plans rules for fund platforms
The Dubai Financial Services Authority has published a consultation paper proposing new rules for establishing fund platforms to allow fund…
This PowerPoint presentation proves Huawei CFO Sabrina Meng Wanzhou is guilty, says US. Preposterous, says her lawyer
In August 2013, Huawei CFO Sabrina Meng Wanzhou faced a HSBC banker and did something countless other executives have done…
The Story of Malaysia’s 1MDB, the Scandal That Shook the World of Finance
Malaysia’s state-owned investment fund, 1MDB, was supposed to attract foreign investment. Instead, it has spurred criminal and regulatory investigations around…
27 suspects charged with Dhs635m fraud
The Abu Dhabi Appellate Court adjourned the case of 27 suspects of different nationalities charged with fraud and stealing Dhs635million…
Al Tamimi & Company appoints new Head of Technology, Media and Telecommunications Practice
Al Tamimi & Company, the largest law firm in the Middle East, has appointed Martin Hayward as the new Head…
Abu Dhabi Police warn against fake banking websites
Abu Dhabi Police warned the public of fraudulent banking websites that trick victims and steal their savings in fraudulent operations…
Aleema to face money laundering case if evidence found: adviser
Special Adviser to Prime Minister on Accountability Shahzad Akbar said on Sunday that if any evidence is found, then Aleema…
Court cuts penalty in Dhs1.4m scam bid
A banker who connived with a gang trying to swindle Dhs1.4m iron supports from a trading company has won a…
SFO charges failed — but Barclays did not get off lightly
With a High Court judge having denied the Serious Fraud Office’s application to charge Barclays over its controversial 2008 raising…
Abraaj fall from grace prompts investors to sharpen due diligence
Investing in emerging market private equity is about to become that bit tougher. Abraaj, once the largest private equity…
Saudi's AHAB turns to new bankruptcy law to settle with creditors
Conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) has become the first company to file for a settlement under Saudi Arabia’s…