Middle East & International News

Middle East & International News

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...

Thomson Reuters & DFSA’s MENA Regulatory Summit

  Thomson Reuters released the findings of the 3rd Financial Crime Report covering the Middle East and North Africa (MENA) region in collaboration with Deloitte. The report was released at the inauguration of the Thomson Reuters...

Women in Arab Arbitration (WIAR) launch in Dubai

‘Women in Arab Arbitration’ (WIAR), an independent networking forum for female arbitration practitioners in the Middle East launched in Dubai with a very successful event held at La Vida Hotel on February 6, 2017. The forum...

Morgan Lewis expands in China

Morgan Lewis has expanded significantly its China corporate, capital markets, mergers and acquisitions, and private equity practice with the addition of 13 partners in Hong Kong, Beijing, and Shanghai. All 13 partners arrived from another global law...

Bird & Bird’s new office in Dubai

Bird & Bird has relocated its Dubai office to a larger premises within the DIFC. The new office has been operational from February 19, 2017. The new address is Level 14, Burj Daman, DIFC, PO Box...

DFSA signs MoU with ESMA

The Dubai Financial Services Authority, DFSA, and the European Securities and Markets Authority, ESMA, have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties, CCPs, compliance with conditions set out in The European...

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