A bid by the Abu Dhabi Investment Authority to overturn an arbitration panel’s ruling favouring Citigroup Inc. in a dispute was rejected by a US federal judge. The dispute was over a USD7.5 billion investment by...
FICHTE CO was awarded the Best Maritime Law Firm – 2013 at the Trade Export Excellence Awards on February 25, 2013. The firm expressed their gratitude to their clients and shared, “At Fichte, client satisfaction is...
EGYPTIAN Cabinet recently made the final endorsement of the sukuk bonds bill during a meeting, Minister of Finance’s adviser Ahmed Al-Naggar said, according to Zawya’s report. The Islamic bonds bill will be worked out by the...
THE DIFC Courts, Dubai’s established English language, commercial common law judicial system, have announced the appointment of Maha Al Mehairi as a Judicial Officer. She has been promoted from her previous role as a Case Progression...
THE Qatar International Court and Dispute Resolution Centre (QICDRC) has officially launched a report on the development of professional legal and judicial education in Qatar. Authored by Professor Martin Partington, CBE, QC and Chloë Smythe,...
THE Solicitors Regulatory Authority (SRA) has authorised RasGas Company Limited (RasGas) as a training establishment for trainee solicitors in the laws of England and Wales. This makes RasGas the first company in the Middle East to...
NOOR Islamic Bank has announced the appointment of Narendra Swarup as chief risk officer (CRO). In his role, Swarup is responsible for all the risk functions of the bank. These include credit, market, operations as...
SAUDI Arabia issued final regulations on real estate financing, leasing and the supervision of financial companies as the kingdom tries to ease a housing shortage by opening up its mortgage market and enacting the first home-loans...
“NEW rules for inspection are being prepared and it will be announced soon. Once the new rules are enforced, the names of erring companies will be disclosed” Mohammad Ali Al Meer, assistant director of the...
PATTON Boggs LLP has announced that Brian J. Pierce has joined the firm’s Corporate Finance practice group as a partner. Pierce, who will work throughout Middle East and North Africa (MENA) region, joins Patton Boggs from...
