Middle East & International News

Middle East & International News

DIFC Courts appoints top Singaporean judge

Adding further diversity and international experience to its judicial bench, the Dubai International Financial Centre (DIFC) Courts has appointed a leading Singaporean judge of appeal, Justice Judith Prakash, to the Courts’ judiciary. Justice Prakash will serve on...

UAE’s new draft maritime law discussed

Emirates Maritime Arbitration Centre (EMAC) has hosted the third successful seminar in the ‘Breakfast with EMAC’ series. Taking place at EMAC’s offices in DIFC on the morning of April 4, 2017, the series is accredited by...

Conyers rebrands client services business

Conyers Client Services provides corporate administration, secretarial, trust and management services to entities established in Bermuda, the BVI, the Cayman Islands and Mauritius.  Conyers Dill & Pearman is rebranding the Codan group of companies to Conyers...

RICS and DIFC Academy of Law partner for mediation training

The collaboration will see the delivery of a specialist mediation course within the UAE, to professionals interested in commercial mediation as a dispute resolution mechanism.  RICS and DIFC Academy of Law (AOL) have announced a collaboration...

MoU signed on legal profession licensing

The DIFC Authority and the Government of Dubai Legal Affairs Department will launch initiatives to ensure that legal consultants and the firms operating in the Centre are properly registered and licensed. The Dubai International Financial Centre...

Global hub for the green economy

HH Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy, chaired the Supreme Council of Energy’s 44th meeting to review the progress of major energy projects, initiatives and programmes that support...

FinTech in focus

The Dubai Financial Services Authority (DFSA) is enhancing its contribution to Dubai’s position as the region’s leading hub for innovation through the publication of a new FinTech consultation paper today. The paper is the third in...

First P2P platform Beehive receives DFSA regulation

Beehive has become the first peer to peer lending platform to set up offices in the Dubai International Financial Centre (DIFC) and become officially authorised and regulated by the Dubai Financial Services Authority (DFSA). The new...

Egypt set to levy new tax

A new stamp tax on stock market transactions will be introduced in May. The new tax will levy 0.3 per cent on investors acquiring more than 33 per cent of a company. This is in addition...

Oman’s draft regulation for REIT funds

A draft regulation for listing real estate investment trust(REIT) funds is ready and is awaiting final approval from certain ministries, such as the Ministry of Housing, according to a top-level official at the Capital Market Authority (CMA), reported...

Previous Editions