German watchdog drops inquiry into HNA, Qatar over Deutsche Bank -source
Germany's financial watchdog will take no action after ending an investigation into whether China's HNA and Qatar's royal family were…
Legal
2651 articles found
Tackling financial crime with real-time detection
After the Central Bank of Oman issued a draft circular early this year requiring banks to have a robust fraud…
Saudi central bank says no big money outflow due to graft crackdown
There has been no big outflow of money from Saudi Arabia as a result of the anti-corruption crackdown that was…
Uncertainty looms After Saudi crown Prince’s Purge
With the arrests of eleven princes and some 200 tycoons in Saudi Arabia, Crown Prince Mohammed bin Salman made clear…
LPC-Gunvor Signs US$1.39BN Loan Refinancing
Swiss energy commodity trader Gunvor Group has signed a US$1.39bn revolving credit facility that will be used for general corporate…
Bounced Cheques In UAE: New Rules 'A Progressive Step For The Justice System'
Financial and legal experts in the UAE called the decision by Dubai Courts to issue fines instead of jail sentences…
Kuwait to study Saudi accounts after arrests: sources
Kuwaiti lenders have been told by the central bank to provide account details relating to some Saudi nationals, sources familiar…
Qatar probing currency manipulation bid by UAE
Director of the Government Communications Office H E Sheikh Saif bin Ahmed bin Saif Al Thani announced yesterday that Qatar…
Louvre Group forms Middle East alliance
Louvre Group has formed a strategic alliance with M/HQ Dubai to enhance its specialist fiduciary services offering from the United…
Saudi Judiciary Sees Changes Amid Graft Purge
King Salman has appointed or promoted 56 judges, Saudi Arabia's state news agency SPA reported yesterday, a step coinciding with…
Arab Chamber strikes deal with Bahraini organization
The Arab Brazilian Chamber of Commerce signed on to a memorandum of understanding this Wednesday (8) with the Bahrain Chamber…
Saudi Arabia Crackdown on Corruption Impacts Defaulted Sukuk
Maan Al Sanea was arrested by Saudi authorities in October on charges of evading justice and owing large sums of…