THE Dubai Financial Services Authority (DFSA) has accepted Enforceable Undertakings (EU) from Credit Europe Bank (Dubai) Ltd and its former head of treasury. This is the result from a DFSA investigation into trading conducted by the...
HIS Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president of the UAE and prime minister and ruler of Dubai has recently highlighted the right to education for every child in the UAE. The UAE has...
IN accordance to the government’s efforts to reduce smoking, new graphic photos on packets are being introduced. The UAE anti-tobacco federal law which was approved last year stipulated the use of graphic warning images covering...
SUPPORTERS of democratic reform in Jordan are facing a sharp political dilemma, as they ponder whether to boycott parliamentary elections slated for later this year or to participate in an electoral process that many regard as...
THE United Nations working group on discrimination against women in law and practice is urging the Tunisian government to take necessary actions to safeguard the country’s achievements in gender equality, non-discrimination and women’s rights, in accordance to...
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,...
