L’Oréal and Beiersdorf set to take advantage of Egypt’s new investment law?
Egypt’s cabinet has passed regulations for a new investment law that could bring in much needed business from international companies,…
Legal
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Law firm quit as Barclays adviser over Qatar loan fears
Linklaters, the big British law firm, resigned from advising Barclays over a controversial loan to Qatar at the heart of…
Ukraine arrests French-Israeli wanted in ‘fake CEO’ scam
A huckster sentenced for tricking dozens of French banks and businesses into handing over millions of euros has been arrested…
Saudi authorities study changes to worker dismissal law
Saudi Arabia’s Shoura Council and Ministry of Labour and Social Development are studying amendments to the country’s labour law that…
What lies behind the luxurious lifestyle of the rich of Dubai. Photo
Dubai has long been a symbol of wealth. It is a Paradise for millionaires and a favorite vacation spot for…
Rs110m embezzlement case against banks’ staff filed
The Khyber Pakhtunkhwa Ehtesab Commission on Thursday filed a reference against former managing director of Dubai Islamic Bank and other…
Bank official embezzled Dh896,742, court hears
A bank’s assistant manager embezzled more than Dh890,000 after forging documents, the Dubai Court of First Instance heard on Wednesday.…
Municipality refuses visa transfer of expat workers – ‘Clearance must from institutions’
Kuwait Municipality has refused to grant expatriate employees under the support services item permit to transfer to another sponsor when…
DIFC Courts’ half-year performance underscores global judicial standing
Dubai’s DIFC Courts witnessed sustained growth in the first six months of 2017, with the English-language, common law judiciary continuing…
Simmons and Simmons wins Fintech Hive legal gig
International law firm Simmons & Simmons will be a legal partner to FinTech Hive at Dubai International Financial Centre Authority…
Public offerings and listing made easier in Turkey – Esin Attorney Partnership
Recent Development On July 31, 2017, Borsa İstanbul A.Ş. ("Borsa Istanbul") amended its Borsa Istanbul Listing Directive (the "Directive"),…
DFSA slaps former Deutsche Bank employee with fine for misleading DIFC authorities
The Dubai Financial Services Authority (DFSA) has recently taken enforcement action against Chetan Parmar, a former employee of Deutsche Bank…