Abu Dhabi Finance seals Aldar partnership deal
Abu Dhabi Finance has announced a landmark partnership with Aldar Properties under which it will offer the Abu Dhabi developer's…
Regulation, Risk & Compliance
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UAE: NMC Health CEO dismissed
The CEO of NMC Health, Prasanth Manghat, has been dismissed. His role will be taken over by the current…
Corporate Crime update – Herbert Smith Freehills
Welcome to the Winter 2020 edition of our corporate crime update - our round up of developments in relation to…
Saudi Arabia creates new tourism, sports, investment ministries
Saudi Arabia announced on Tuesday the creation of three new ministries, for tourism, sports and investment, according to royal decrees…
UAE's largest bank approves $2.1bn cash dividends for 2019
First Abu Dhabi Bank, the UAE's largest bank, has approved the distribution of cash dividends of more than AED8 billion…
Saudi regulator issues licensing guidelines for digital-only banks
The Saudi Arabian Monetary Authority has issued additional licensing guidelines for digital-only banks in the kingdom, the regulator said on…
Dubai's KYC blockchain platform is credit positive for UAE banks, Moody’s says
A consortium of six banks and licensing authorities in the UAE, that was formed this month to share verified data…
Oil Is Now More Volatile Than Bitcoin
You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of…
Qatar First Bank 'successfully exits' Shariah-compliant aviation deal
Qatar First Bank has announced the 'successful exit of a Shariah-compliant aviation deal, along with its investors, through the sale…
Lebanon’s economic crisis requires an urgent decision on IMF aid
Lebanon must soon decide whether to seek an IMF-supported deal to rescue its sinking economy from financial implosion, or face…
Lebanon to appoint Cleary Gottlieb to advise on Eurobonds
Lebanon will appoint Cleary Gottlieb Steen & Hamilton LLP as legal adviser on its Eurobonds, a source close to the…
Saudi, Egypt, Bahrain to resume Qatar post services despite dispute
Saudi Arabia, Egypt and Bahrain have agreed to resume postal services to Qatar almost three years after they were stopped…