FEDERAL authorities in the US are investigating the Royal Bank of Scotland (RBS) for possible breaches of Iran sanctions in a probe that has already led to the departure of a senior risk manager, says a...
A report by Arabian Business states that the founding chairman of Dubai’s financial regulator has called for a shake-up of the watchdog and its exchange. In a comment piece in the Financial Times on the...
AFTER some lively encounters in the Moroccan parliament, the spring session of the 2011-2012 legislative year recently came to a close. At a press gathering the chairman of the chamber of representatives, Abdelkrim Ghellab, stressed...
U.S. authorities recently claimed that they had seized $150 million from a Lebanese bank suspected of being at the heart of international money-laundering schemes linked to the Lebanese Shi’ite group Hezbollah. In February 2011, the...
INTERNATIONAL legal practice Norton Rose Group has advised Absa Bank, a subsidiary of Barclays Bank on one of its biggest deals, in securing Edcon’s store card book worth ZAR10 billion. Edcon is the leading clothing,...
THE Ministry of Labour has stated it is a violation of the Kingdom’s labour regulations to insist a woman should be unmarried to be eligible for employment. There have been reports of women being dismissed because...
DLA Piper, the global law firm, has recently announced its involvement in the financing of Doha Festival City, one of the largest multi-use developments in Qatar. The project is being developed by its owners, Bawabat Al...
TRIBONIAN Law Advisors (TLA in association with Rindala Beydoun legal consultancy) has recently made Carlo Pianese, new partner of the Dubai office. Pianese previously worked as senior associate at international law firm Vinson & Elkins...
THE amendments to the 2012 Elections Law, enacted by the two chambers of parliament, were recently approved, according to Jordan news agency, Petra. The Lower House and the Senate passed the overall legislation first, approving...
CHADBOURNE & Parke represented the Sponsors, Suez Environnement S.A.S., Infilco Degremont, Inc and The Morganti Group, Inc, on all aspects of the US$225 million expansion of As-Samra Wastewater Treatment Plant in Jordan. The Expansion of...
