Abu Dhabi's Mubadala halts Abraaj investment deal talks
Abu Dhabi state investor Mubadala has halted talks to buy Abraaj's investment business, two sources said, in a blow to…
Legal
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Iran lawmakers want central banker fired amid rial chaos
Half of Iran’s lawmakers have written to President Hassan Rouhani demanding the removal of the central bank chief, accusing him…
FIA ‘finds’ no politician with property in UAE
The Federal Investigation Agency (FIA), on the directives of the Supreme Court (SC), recently compiled a list of Pakistanis who…
Winsome Group's Jatin Mehta is next; ED cracks UAE authorities to get evidences in hand
In last two months, diamantaires Nirav Modi and Mehul Choksi grabbed so much attention with its mega bank fraud of…
Offshore Deal Volume In 2017 Outpaces Previous Year
The number and value of offshore M&A deals rose in 2017, making it one of the busiest years recorded for…
Kuwait mulls law to regulate, develop insurance industry
Assistant Undersecretary at the Ministry of Commerce and Industry Abdullah Al-Awais revealed a higher committee will study and develop the…
Bedell Cristin advises on King's Cross sale
Bedell Cristin has advised the Abu Dhabi Investment Authority on all Jersey law matters in relation to the circa £300m…
Social media is new hub for scamsters in UAE
After the successful crackdown by the Sharjah Police on mobile phone scamsters who used to call up subscribers, informing them…
Abu Dhabi courts fine employers violating labour law up to Dh5m
Abu Dhabi courts have taken stringent action against several employers in the emirate, who violated labour laws, court officials said…
Beirut: Arab Banks Mobilize Efforts Against Money Laundering
Lebanon enjoys security and financial stability, said Lebanese Interior Minister Nouhad Machnouk during the inauguration of anti-money laundering forum organized…
Bahrain accuses shuttered bank of busting Iran sanctions
A former Iranian bank has been accused by the Bahraini government of operating a covert corruption scheme that allowed Tehran…
Dubai-based cryptocurrency sued by Chinese giant Alibaba
Dubai-based Alibabacoin Foundation, the company behind the recently launched cryptocurrency Alibabacoin, is being sued by Chinese e-commerce giants Alibaba for…