Suq Al Mal

Citing informed sources, AlQabas reports that the meeting held yesterday among AHC's creditor banks did not reach agreement on a restr...

Here's an update on Dr. Omar Bin Sulaiman by way of a press item from WAM , the Emirates Official News Agency.    It seems the AED 50 ...

According to press reports, Wednesday afternoon Aidan Birkett presented Creditors' Committee with restructuring proposals, described as...

AlQabas reports that six individuals are under investigation for corruption - four employees of Nakheel and two from a private company ov...

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...

The National reports that Damas may be near to striking a deal with its lenders to restructure some AED3.2 billion (US$812.7 million).  Th...

Copyright Gulf News Dubai Here's a bit more on the story of this remarkable woman from Dubai's Gulf News . Wednesday 24 March is ...

The National reports that Saudi private equity group, Amwal AlKhaleej, is suing the Abdullah Brothers for US$ 22 million over the Brothers ...

The National Abu Dhabi reports that E&Y has issued the following statement. “We fully stand by our audit report on the financial stat...

Today the race is finally over.   While the IT Team at Adeem Investments put up an  incredible fight, at the last moment the GFH Team lappe...

You'll remember that Esam Janahi had resigned from the Board.  Today KHCB announced that Ted Pretty had joined the Board.  GFH owns r...

In my previous post I made the comment that the DFSA enforcement actions revealed three themes: An almost unbelievable  pattern of  disr...

Following the conclusion of its investigation which began last October, the DFSA announced 21 March a series of actions against the Abdul...

Here's an interesting and humorous (unless you're a lender) post from Ken over at Wall St WTF . 

Here's an interesting piece on the FSL by Attorney Abdul Razzaq Abdullah of the Kuwaiti law firm Abdul Razzaq Abdullah and Partners. ...

Today Damas voluntarily suspended trading in its shares on Nasdaq Dubai pending an announcement.

AlQabas quotes "Direct Information" that 57% of KSE listed Kuwaiti companies have not yet reported their 2009 results.  There ar...

This is a follow-up to my earlier post on this topic. There I looked at the case AlAhli Bank Kuwait brought against Mr. AlSanea and his c...

This post reviews documents e-filed at the Supreme Court of New York website in connection with the case brought by Ahli Bank of Kuwait (...

Copyright The National Abu Dbabi Here's the article from The National with a translation of her poem.  So far I have been unable to f...