Palestinian billionaire Masri released from Saudi detention
Sabih al Masri, a Palestinian billionaire and Jordan’s most influential businessman, was released after several days of detention in Saudi…
Legal
2649 articles found
The murky US prosecution of a Turkish banker
It was Thursday when lawyers for a Turkish banker on trial in Manhattan federal court told the judge that their…
Banks directed not to misuse Citizen’s Account deposits
The Saudi Arabian Monetary Authority has directed all local banks not use any amounts of money that are deposited in…
English high court confirms that sharia non compliance will not affect the enforceability of an english law agreement in an islamic finance structure
The Financial List in the English High Court has considered the preliminary issue of the validity and enforceability of an…
Detained Saudi billionaire al-Sanea seeks to end debt dispute
A detained Saudi billionaire who led the collapsed Saad Group is seeking to repay part of a multi-billion dollar debt…
UAE must do more on transparency to get off tax blacklist -EU envoy
The United Arab Emirates will have to do more to address the European Union's concerns about tax transparency if it…
U.S. Treasury seeking information on one Turkish bank: deputy PM
The U.S. Treasury has requested information on a Turkish bank, Deputy Prime Minister Mehmet Simsek said on Wednesday, referring to…
Crown Prince Wreaks Havoc
Saudi Crown Prince Mohammed bin Salman, 32, took to the stage at the palatial Ritz-Carlton in Riyadh on October 24…
Clifford Chance advises consortium of banks on $457 million Reem Mall financing
Clifford Chance advised Standard Chartered Bank (SCB) as part of a consortium of banks on a seven year senior credit…
Frayed Nerves Over Saudi Millions
Swiss banks have wooed wealthy Saudi Arabian clients for decades. A wide-sweeping anti-corruption campaign by the young force behind the…
Support Legal Appoints Lawyers As SME Demand For Fixed Legal Costs Surpasses Expectations
McKinlay and Arif join one of the fast growing corporate practices as demand for flexible and cost-assured legal services continues…
Swiss review Saudi bank account information, no action so far
Swiss authorities are reviewing information submitted by banks about potentially suspicious transactions linked to Saudi accounts but have not frozen…