Middle East & International News

Middle East & International News
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DFSA takes measures to support its financial community

The DFSA has announced a number of initiatives aimed to provide significant assistance and regulatory relief to the DIFC’s financial services community. These initiatives are designed to allow the DIFC community to focus on protecting the...

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Obelisk report: Rethinking the in-house model

General counsel will need to rethink the way they organise their teams after the coronavirus crisis subsides to ensure they have a flexible and sustainable working culture, a report by Obelisk Support has warned. It says...

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...

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