VG and Ward Yates act in MEA deal
Jersey-based firms VG and Ward Yates acted in partnership with the Dubai office of Dentons to advise Virgin Mobile Middle…
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Funds Absorb Record $1.6 Trillion Net Inflow Worldwide in 2017
Investors expanded their commitments to unprecedented levels during 2017 as net flows to long-term funds soared to $1.6 trillion worldwide,…
Jersey Finance Hosts an Educational Finance Event Exclusively for Women in Saudi Arabia as More Women Look to Take Control of their Financial Affairs
Jersey Finance, the body that promotes the jurisdiction as a robust, transparent, International Finance Centre, recently hosted a women-only talk…
Boodle Hatfield strengthens Private Client and Tax team with partner hire
Law firm Boodle Hatfield has strengthened its Private Client and Tax team with the appointment of new partner Kyra Motley.…
UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary
Abu Dhabi’s state-owned Mubadala Investment Company has agreed to pay $271 million for a 44 percent stake in an oil…
UAE foreign ownership law more limited than you think
A landmark law that will allow foreign investors to own 100% of companies in the UAE will be limited to…
Omani lenders seek to join merger wave in Middle East
The wave of consolidation among banks in the Gulf is spreading to Oman from Saudi Arabia, the United Arab Emirates…
Dubai Bank raids Kenyan rivals for top management
Giant Gulf lender Dubai Islamic Bank’s local subsidiary, DIB Bank Kenya, has hired top executives from leading local rivals, taking…
KPMG said to review its audits of Middle East PE firm Abraaj
KPMG LLP is conducting an internal review into its audits of embattled Middle East buyout firm Abraaj Group following the…
Abacus appoints Graham Hughes from Globaleye
Abacus Financial Consultants, the Dubai-based advisory firm, has announced the appointment of veteran adviser Graham Hughes, a former wealth manager…
Andersen Global’s Middle East Expansion Continues with Solutions Bridge in Kuwait
Solutions Bridge, an Accounting and Corporate Secretarial Services firm in Kuwait City, has signed a Collaboration Agreement with Andersen Global.…
Cost of insuring Bahrain debt jumps as deficit jitters increase
The central bank’s net foreign assets hit a seven-month low of 533.2mn dinars ($1.41bn) in March, about 31 days’ worth…