Europe investigators to visit Lebanon in central bank chief probe
European investigators will visit Lebanon next month as part of a probe into the wealth of central bank governor Riad…
Legal
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UAE fines six companies $871,000 for breaking anti-money laundering law
The UAE has fined six companies Dh3.2 million ($871,000) for breaching provisions of the Anti-Money Laundering and Counter Terrorism Financing…
Emiratisation fines, job loss insurance, corporate tax: 5 new UAE laws that will come into effect in 2023
2022 has been a year of labour reforms and a new visa regime. As we gear up to step into…
Ashurst expands Middle East Corporate practice with key partner hire
Simon has over 20 years' experience advising clients on cross-border M&A, PE and joint venture transactions. In addition, he advises…
Baker McKenzie awarded “Employment Team of the Year” at The Oath Middle East Legal Awards 2022
Baker McKenzie has been awarded "Employment Team of the Year" at The Oath Middle East Legal Awards 2022 hosted in…
Saudi Arabia establishes its open banking framework
New legislation, regulatory guidelines and technical standards have been developed in Saudi Arabia as part of a new open banking…
UAE: Company director fined Dh400,000 for employing workers illegally in Dubai
Dubai Naturalisation and Residency Prosecution has referred a director of a human resources consulting company to the court on charge…
UAE Labour Law amended to help employers retain talent
An amendment to the United Arab Emirates’ Labour Law lifts the cap on the length of fixed-term employment contracts. …
Dubai Court declares Arabtec bankrupt, approves liquidation of its assets
Dubai Courts declared Arabtec Holding Company bankrupt and approved the liquidation of its assets in a final ruling on Monday.…
Goldman, banker agree settlement terms over London dismissal lawsuit
Goldman Sachs and a banker are drawing a line under a London lawsuit over the former employee's dismissal last year…
K&L Gates Recognized as Banking & Finance, Corporate Teams of the Year at Qatar Business Law Forum Awards
K&L Gates LLP earned multiple recognitions during this week’s Qatar Business Law Forum & Awards, capturing honors for both “Banking…
IFLR Middle East Awards 2022: winners announced 
IFLR is delighted to reveal the winning deals, teams, law firms and individuals for the 2022 edition of its Middle…