Suq Al Mal

Dr. Arqala Will See You Now On 5 June Dana Gas reported progress in reaching an agreement with 93.69% of its sukukholders for a “cons...

Bradley Hope over at The National reports that CDG has filed an AED million suit against Nakheel at the special Dubai World Tribunal at the...

Photo Jimmyjazz Released to Public Domain   Today's Gulf News carried a report that DIFCI had decided to get rid of its non core asse...

8 July 2010 - Approximately US$1.25 billion in debt affected Moody's Investors Service has today downgraded to B3 from B2 the senior ...

Ken over at WallSt. WTF has an "appreciation" of the Damas saga.  Well worth a read if you haven't seen it.

A rather enigmatic press release from Damas on Nasdaq Dubai this morning. Three points of note: Damas International Limited ("DIL...

The National reports that Dr. Bin Sulaiman has been released after repaying Dh51.5 million in funds he was alleged to have misappropriated...

From Nasdaq Dubai . Damas International Limited (The Company) announced today that it is taking all reasonable steps to secure and rec...

The National carries an article today about DIFC Investments loss.   Beyond the details, this is another sign that the economic distress i...

As you've probably seen in press reports yesterday, Damas held an Extraordinary General Meeting of shareholders yesterday at which a ne...

17 April 2010 Update:  The Attorney General of Dubai has issued a statement that Dr. Bin Sulaiman has not been released. Below is the ori...

Here's a report from Maktoob Business that a former employee has filed a case against Limitless at the DIFC Courts . As you'll re...

Yesterday the Gulf News reported the arrest of a former prominent individual at the DIFC  for abuse of his post and AED 50 million (US$ 13...

KHC has made an offer to acquire the minority shareholders' stake in Kingdom Hotels at US$5.00 per share, contingent on achieving a min...

Emirates Business 24/7 reports that banks operating out of the DIFC are legally incapable of taking a charge on collateral to secure their ...

From the  DIFC press release . "The Dubai International Financial Centre Authority today announced the release of the “DIFC Sukuk Gui...

Dr. Omar Sulayman is out at DIFC. He is therefore out at Investment Corporation of Dubai ("ICD"). As are the following also ou...

Rumors in the market.  Stay tuned.

Hawkamah held its Fourth Annual Conference "Building Middle East Markets and Corporate Governance Imperatives" the 9th and 10th at...

Abu Dhabi's The National reports on DFSA plans to tighten corporate governance. Key elements of the proposed reforms are: Mandatory ...