Legal Archives - Page 81 of 221 - Managers of Wealth Middle East

Societe Generale settles Libor and Libya investigations as analysts cast doubts on potential for Unicredit tie-up

June 5, 2018

French banking giant Societe Generale today announced the settlement of US and French legal actions for allegedly rigging the Libor…

Fraud & Ethics

Saudi conglomerate aided fraud against 100 banks, judge rules

June 4, 2018

A Saudi conglomerate can’t collect damages from a former manager it blamed for a multibillion-dollar fraud against 100 banks because…

Legal

Court rules Saudi firm complicit in ponzi scheme ‘worse than Madoff’

June 3, 2018

A court in the Cayman Islands has ruled that Saudi conglomerate Ahmad Hamad Algosaibi & Brothers (AHAB) can’t collect damages…

Fraud & Ethics

Cayman’s longest court case: A ‘cauldron of fraud’

June 1, 2018

The longest and most expensive trial in Cayman Islands history concluded Thursday, as Chief Justice Anthony Smellie handed down an…

Legal

Bahrain follows UAE with long-term investor visas

May 31, 2018

Bahrain’s government has announced it is working on a law that will allow foreigners to obtain 10 year “self-sponsored” visas,…

Legal

DFSA obtains DIFC Courts Judgment to Enforce a Fine

May 29, 2018

The Dubai Financial Services Authority has recently obtained judgment in the DIFC Courts’ Court of First Instance to enforce payment…

Legal

Qatari banks exposed to new banking bad loan rules

May 29, 2018

Qatari banks have been hardest hit by new accounting rules aimed at ensuring Gulf lenders have put enough aside to…

Executive Moves

Boodle Hatfield strengthens Private Client and Tax team with partner hire

May 25, 2018

Law firm Boodle Hatfield has strengthened its Private Client and Tax team with the appointment of new partner Kyra Motley.…

Legal

UAE foreign ownership law more limited than you think

May 25, 2018

A landmark law that will allow foreign investors to own 100% of companies in the UAE will be limited to…

Legal

Crown Court dismisses Barclays Qatar charges

May 21, 2018

Dismissal of SFO charges against Barclays PLC and Barclays Bank PLC Barclays announces that the Crown Court has today…

Legal

Philippine President Rodrigo Duterte lifts ban on Filipinos working in Kuwait

May 17, 2018

Philippine President Rodrigo Duterte ordered on Wednesday the “total” lifting of a ban on Filipinos working in Kuwait after the…

Legal

Legal experts say new UAE arbitration law will encourage investment

May 17, 2018

Legal experts in the UAE are praising the formal adoption of the country’s new arbitration law, which many believe will…

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