The Central Bank of the UAE and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding on February 4, 2016 to formalise a framework to enable ongoing cooperation on...
A quick round-up of what’s new at regional and international law firms – CMS opens an office in Tehran, Clyde & Co’s IP expansion and new lead partner for Shipping & International Trade, Simmons & Simmons...
Following the announcement by the LCIA and the DIFC Dispute Resolution Authority (DRA) of the completion of the restructuring of the DIFC-LCIA Arbitration Centre, Mohamed ElGhatit has been appointed as Director & Registrar of the Centre....
Implementation Day has happened.UK, European and all non-US international businesses generally are now able, at least in principle, to re-engage with Iran. Subject to certain exceptions, US persons continue to be prohibited from doing business with...
· King & Wood Mallesons’ (KWM) chief operating officer (COO) for Europe and Middle East, Rachel Reid, has exited the firm to join Taylor Wessing, The Lawyer reported. The news came days after the resignation of...
· The DIFC Wills and Probate Registry (the Registry) has registered a total of 650 wills this past year, showing the positive response the initiative has received in Dubai. Launched in May 2015, the Registry provides...
Anneliese Reinhold, the general counsel and senior vice president – legal & regulatory affairs of Du, has been appointed as a member of the Board of Directors of the Association of Corporate Counsel (ACC). The ACC...
The Iraqi summer is notorious for imposing scorching heat. With record temperatures topping 50 degrees Celsius in August 2015, thousands of Iraqis took to the streets to direct their frustrations at the central government for abysmal...
· Al Tamimi & Company has led the first Rights Issue on the Dubai Financial Market (DFM). The Rights Issue, launched by DFM-listed Takaful Emarat, the Shari’ah-compliant life and health insurer, was 36.51 per cent oversubscribed,...
An Iraqi court has rejected a request by Zain Iraq to lift a freeze on USD187 million it holds in cash at local bank accounts, the telecom operator's parent firm Zain said, according to Reuters. Zain...
