Middle East & International News

Middle East & International News

FSRA updates its Virtual Asset regulatory framework

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the enactment of various amendments to the FSRA’s regulations and rules concerning the authorisation and supervision of virtual asset (previously crypto asset) related...

NBB offer to acquire BISB

NBB announced the results of its offer to acquire up to 100 per cent of the paid up ordinary shares of BisB. Acceptances were received in respect of 529,424,282 ordinary shares of BisB which, on completion...

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LegalTech firm draws attention of Dubai Cultiv8 Technology Fund

Code Engines Software, a LegalTech firm in the UAE has attracted the attention of Dubai Cultiv8, for its robust and lawyer-friendly Legal Practice Management System “CasEngine”. Dubai Cultiv8 announced Series A investment through its USD100 million...

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Kennedys IQ – new platform by Kennedys

Kennedys’ strategy of helping clients use lawyers less has taken a huge leap forward with the launch of Kennedys IQ, a separate technology driven company whose purpose is to be “Kennedys, without the lawyers”. Combining human...

Law firm highlights – Feb 2020

Dentons celebrated its 50thanniversary in Dubai and Abu Dhabi in style by becoming the first law firm to project onto the world’s tallest building, the Burj Khalifa. Hosting over 200 guests at an awe-inspiring event by...

Lex Mundi welcomes three new GCs to its client advisory council

Lex Mundi has welcomed three new members to its Client Advisory Council: Isabelle Deschamps, General Counsel and Member of the Executive Committee, Akzo Nobel; Katarina Nilsson, General Counsel, SCA; and Rania Rizk, SVP & General Counsel...

Enforcement of UAE Judgments in India

The UAE has treaties with several countries for judicial co-operation and the mutual recognition and enforcement of judgments. These include Tunisia, the GCC countries, Algeria, France, Jordan, Egypt, Syria, Armenia, China, Sudan and Pakistan. On October...

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