Aflaj International and Dentons form project JV for Muscat Hills
Law firm Dentons says it has advised Muscat-based real estate developer Aflaj International LLC on its role in respect of…
Regulation, Risk & Compliance
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Dubai Buyout Firm Reassures Banks on Liquidity Concerns
Abraaj Group told creditors the sale of a stake in its fund-management unit and its Pakistani utility will help resolve…
Citing Banking Issues, BitOasis Suspends Deposits and Withdrawals in Dirham
Arabian Business reported that individuals wanting to withdraw balances in Dirham will have to do so before the deadline. …
Emirates Development Bank approves Dh50m fund for start-ups
Emirates Development Bank’s board of director approved a plan to launch a Dh50-million direct financing programme for start-ups and emerging…
KFH signs coop agreement with Agrivage startup
Kuwait Finance House (KFH), has signed a cooperation agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti…
Dubai-based Bitcoin exchange suspends UAE dirhram withdrawals
Dubai-based cryptocurrency exchange BitOasis will no longer be processing deposits or withdrawals in dirhams from Tuesday, May 15. That…
Rotana Group eyes more investment in Turkey
Rotana, one of the leading hotel groups in the region with hotels in thev Middle East, Africa and Turkey, inaugurated…
Dubai PE firm rattles dealmaking in Mideast with alleged misused funds
It’s troubling for any asset manager, but this dispute has the potential to damage a region. Allegations that one…
ITFC Extends Further its Partnership with Banque Centrale Populaire
Under the umbrella of the Arab Africa Trade Bridges Program, the International Islamic Trade Finance Corporation extended its partnership further…
Why switch your offshore company to the UAE?
From tax advantages to confidentiality and minimal bureaucracy, there are plenty of great reasons to set up your business offshore.…
Al Baraka Islamic Bank signs co-operation agreements with ICIEC
Al Baraka Islamic Bank has signed two co-operation agreements with the Islamic Corporation for the Insurance of Investment and Export…
The introduction of Real Estate Investment Trusts in Oman
Real Estate Investment Trusts are vehicles that permit investment in income-generating real estate through the purchase of publicly traded securities.…