Middle East & International News

Middle East & International News

Amended law to enhance regulation and attract investors

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister in his capacity as the Ruler of Dubai, has enacted the Dubai International Financial Centre (DIFC), DIFC Laws Amendment Law 2014. The...

Specialised family courts in KSA

Saudi Arabia opened new courts focusing on family disputes, the first of a series of specialised tribunals aimed at making the kingdom's legal system faster, more transparent and predictable reported Reuters. The introduction of specialised courts...

Law firm highlights

Baker & McKenzie Habib Al Mulla has expanded its UAE presence with the opening of an office in the Dubai International Financial Centre on July 1, 2014, exactly one year after its merger in 2013. The DIFC...

News from the Courts

·         The DIFC Courts will hold their Annual Gala Dinner the ‘Cirque de loi’ event on October 9, 2014.  The event promises to be an evening of camaraderie, entertainment, and achievement awards in celebration of the...

UTPS files first PCT Application

The Gulf Cooperation Council (GCC) member countries are quickly transforming itself from an oil-based economy to a knowledge based economy which is fuelled by innovation. Such positive initiatives from the leadership help inventors to be innovative...

Guernsey Finance chief moving to head up CISE

Fiona Le Poidevin has resigned as chief executive of Guernsey Finance – the promotional agency for the Island’s finance industry internationally. She will leave in early 2015 to become Chief Executive at the Channel Islands Securities...

DIFC Authority’s CEO resigns

Jeffrey Singer has resigned as the chief executive of the Dubai International Financial Centre (DIFC). Local dailies report that the departure was due to ‘personal reasons’, ending his six year relationship with the Centre. Singer joined...

Batelco seeks payment following successful million dollar claim

Batelco Group the international Telecommunications Group with operations across 14 countries, has demanded full payment of the judgment debt totalling USD212 million awarded by the English High Court of Justice against Chinnakannan Sivasankaran and Siva Limited...

Dubai lawyer awarded OBE

  Dubai-based Corporate partner Jennifer Bibbings was appointed an Officer of the Order of the British Empire (OBE) in the Queen’s Birthday Honours List 2014, announced on 13 June.  The honour is bestowed on British nationals...

Million-dollar business disputes settled amicably

A local newswire reported thatThe Amicable Settlement Centre (ASC) at Dubai Courts settled business disputes of11 parties of total value of AED25.6 million.A commercial dispute had been registered by three traders. However, after investigating the dispute,...

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