The UAE Insurance Authority announced that it would launch a new set of regulations around insurance policies to govern the banking sector by 2016. The Authority is currently working with the country’s Central Bank to draft...
According to Emirates News Agency, six new judges were sworn in before HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Judicial Department. Sheikh Mansour, during...
Saudi Arabia's market regulator has further tightened its restrictions on anonymous investors trading shares through brokers, citing the need to prevent money laundering and financing of militant groups. The Capital Market Authority (CMA) told licensed brokers...
The University of Dubai and the DIFC Academy of Law announced details of a partnership to support the on-going growth and development of the UAE legal profession. The two organisations will cooperate on initiatives that enhance...
The Saudi Council of Ministers granted a license for Qatar National Bank (QNB) to open a branch inside the kingdom, the official SPA news agency said, in what would be its first licence awarded to a...
Qatar's central bank is set to grant licences to Gulf Cooperation Council banks to open branches in the state, according to Reuters. Qatar already has a relatively large number of banks – around 18 – servicing...
· Dechert has announced that it has formed an association in the Kingdom of Saudi Arabia with the Law Firm of Hassan Mahassni. Founded by Hassan M.S. Mahassni in 1970, the Law Firm of Hassan Mahassni...
The DIFC Dispute Resolution Authority Academy of Law has announced the appointment of David Gallo as its first director. He brings more than twenty years of international legal and business experience to the newly...
The United Arab Emirates and the Republic of Italy have signed two agreements for judicial and legal cooperation, including extradition rules and mutual legal assistance in criminal matters between the two countries. The agreements were signed...
With the recently enacted Law No. 6 of 2015, Bahrain has finally adopted a much-needed legal framework for the resolution of conflicts of law in civil and commercial matters involving a foreign element. The new Law...
