Ex-Falcon Board Members Charged
Two former board members of private bank Falcon were charged with money-laundering and taking bribes. The charges are linked to…
Legal
2649 articles found
Goldman Sachs sued over 1MDB scandal by Abu Dhabi fund
An Abu Dhabi sovereign-wealth fund accused Goldman Sachs in a lawsuit Wednesday of playing a “central role” in an international…
Qatar calls for unifying legal system to protect e-banking
Qatar on Sunday strongly pitched for unifying the legislative framework across the countries to protect electronic banking transactions and prevent…
Addleshaw Goddard appoints Regional Managing Partner for the GCC
Taking over from incumbent head Andrew Greaves, Johnston will be responsible for delivering the Firm's three year growth plans, which…
Al Sulaiti Law Firm receives ‘Qatar Law Firm of the Year’ award
Al Sulaiti Law Firm has received the ‘Qatar Law Firm of the Year’ award at the Third LexisNexis Qatar Business…
New laws to boost banking sector in UAE
The Board of Directors of the UAE Banks Federation (UBF) welcomed a series of new laws issued recently by the…
KPMG suspended in Oman over 'irregularities'
Oman’s Capital Markets Authority has suspended audit firm KPMG from auditing entities it regulates for one year after uncovering “major…
More work to be done to improve UAE legal structure, says Al Mulla
Habib al Mulla was one of eight recipients of an Arabian Business Achievement Award, at a ceremony held last night…
Kuwait asks Dubai to hand back $500 million, frozen following money laundering investigation
Kuwait has demanded Dubai release around $500 million, which was frozen by the UAE following suspicions of money laundering. …
International bank fined by Jersey court for “intermeddling” in assets of an estate
In a recent case in the Royal Courts of Jersey, a bank was fined for not obtaining the necessary authorisation…
UAE to adopt legal changes to attract global investors
With expats making up nearly 90 per cent of its 9.5 million population, the UAE has introduced a change in…
PNB fraud: ED attaches 11 properties of Nirav Modi in Dubai
The Enforcement Directorate Tuesday said it had attached 11 properties worth over Rs 56 crore of fugitive diamond jeweller Nirav…