UAE’s Federal National Council approves draft finance leasing law
The UAE’s Federal National Council On Tuesday approved a draft law regulating finance leasing. The new law makes it…
Legal
2649 articles found
Rogue financial adviser convicted by Dubai court in landmark case
A personal finance consultant has been convicted of running his business without a licence, amid claims that he invested his…
Kuwait committee rejects tax on remittances
A Kuwaiti parliamentary committee has rejected four proposals to impose taxes on remittances, saying they were unconstitutional. One proposal…
Saudi arrests that swept up princes boosted investor trust, says CEO of world's biggest oil company
Saudi Arabia's anti-corruption campaign, which swept up prominent royals and businessmen, has bolstered investor confidence in the kingdom, says Amin…
Citi gets Saudi go-ahead for investment banking business
Citigroup has won formal approval from Saudi Arabia’s Capital Market Authority to begin investment banking business there, the US bank…
UAE arbitration specialist joins Baker McKenzie Habib Al Mulla
An international and Dubai arbitration lawyer has joined Baker McKenzie’s UAE outfit from Hogan Lovells, bringing extensive experience of a…
CBB and DFSA sign MOU
The Dubai Financial Services Authority (DFSA) and the Central Bank of Bahrain signed a Memorandum of Understanding (MoU) last week…
Whistleblower suing Ernst & Young over gold dealings with Dubai firm
UK consultancy giant Ernst & Young has been accused of “unlawful, unprofessional and unethical” conduct over its relationship with a…
EU to remove Panama, Korea, UAE and five others from tax haven blacklist
European Union officials have proposed removing eight jurisdictions from the blacklist of tax havens the bloc adopted in December, in…
UAE to be removed from EU blacklist of tax havens
The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month,…
Holborn opens HK office following acquisition of Globaleye HK
Holborn Assets, the Dubai-based international financial advisory firm, has announced its acquisition of Globaleye Hong Kong as part of its…
Baker McKenzie Habib Al Mulla launches tax practice
One of the UAE’s leading law firms has responded to the new tax environment in the country by launching a…