Middle East & International News

Middle East & International News

LOD welcomes Bowmark Capital as a new investor

LOD (Lawyers On Demand) and Bryan Cave Leighton Paisner (BCLP) have announced that LOD has agreed terms to bring in new capital to support LOD’s growth plans through a partnership with Bowmark Capital (Bowmark), which specialises...

Special VAT Committee estabilished in Kuwait

According to the Kuwait Times, Kuwait’s finance ministry has formed a special committee to implement value added tax (VAT), while its experts helped the committee frame the VAT law, PricewaterhouseCoopers (PWC) has said. PWC also noted...

Pressure mounts on Abraaj

The Petition Kuwaiti pension fund, the Public Institution for Social Security (the “Fund”), filed a petition against the Dubai-based private-equity fund, Abraaj Group (“Abraaj”), in the Cayman Islands on May 22, 2018. The petition states that...

BonelliErede announces integration of regional law firm TLA

BonelliErede announced the integration of regional boutique law firm Tribonian Law Advisors (TLA), based in the UAE and operating in Lebanon and Saudi Arabia through an international partnership. The integration comes as a strategic move to...

GDPR compliance alert

UAE companies running out of time to comply with EU data protection regulations, says lawyer A UAE-based lawyer today warned a large number of businesses operating in the UAE, that in order to do business in...

Bahrain’s draft bankruptcy law

The Finance and Economic Affairs Committee of Bahrain’s Shoura Council has approved in principle a bill to reorganise the country’s bankruptcy law, state news BNA said on Tuesday. Bahrain first introduced a bankruptcy law in 1987 but the...

Cryptocurrency – A shift in focus

Across the jurisdictions, the focus now needs to shift from an amateur debate on ‘whether or not the cryptocurrencies are a viable mode of payment’, to a more pragmatic dialogue of understanding the efficacy and implementation...

Saudi law firm AlSabhan & AlAjaji sign MoU with Pinsent Masons

Last month, Saudi law firm AlSabhan & AlAjaji signed a memorandum of understanding (MoU) with international law firm Pinsent Masons during the Saudi-UK CEO Forum, to facilitate co-operative efforts to develop the Saudi firm’s legal know-how in...

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