SAUDI Arabia is finalising a regulatory framework which will allow foreigners to directly own stocks in the kingdom, though the market has no need for liquidity from international investors, the head of the country’s market regulator...
EVERSHEDS has secured a three-year fixed fee contract with the International Air Transport Association (IATA) in Africa and the Middle East. The deal will see Eversheds instructed on a fixed-fee basis for each matter with...
DUBAI Courts Department (DCD) has become the first in the Middle East to launch an online programme that enables its clients to register civil cases electronically. The newly-launched service came at a high commendation by DCD’s...
ACCORDING to a report in Zawya, Saudi law firms are training 21 women to pursue careers in the legal profession, as per the Justice Ministry. Enrollment and Acceptance Committee will issue licenses to the trainees at...
THE IBC Legal Leaders Middle East Conference was held on 21 and 22 May 2013 at the Burj Al Arab in Dubai. The event was designed especially for high-level legal professionals to provide a clear understanding...
LIBYA will have to pay Kuwait’s Kharafi Group USD930 million in damages for former leader Muammar Gaddafi’s cancelling of the construction of a vacation resort, Kuwaiti newspapers reported last month. M. A. Kharafi and Sons,...
A leading Syrian human rights lawyer is at grave risk of abuse after apparently being abducted last month, Amnesty International reported. Abdullah Al-Khalil, who became head of the local council for al-Raqqa Governorate after armed...
THE Federal National Council on Tuesday, 28 May 2013, passed the long-awaited draft companies law, which requires to be signed into law by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan. Members of the House...
THE Legal Group (TLG) announced the opening of an office in Abu Dhabi which will be effective from June 1, 2013 in Sowwah Square on Al Maryah Island. Managing partner, Fareya Azfar will take the lead...
THE International Islamic Financial Market (IIFM) released its much awaited IIFM Sukuk Report (3rd Edition) which consists of ‘A Comprehensive Study of the Global Sukuk Market’ on May 28, 2013. The research report sheds light on...
