Suq Al Mal

The Financial Sector in the GCC

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Friday, 10 July 2020

In the Wake of Wirecard What is to be Done about Corporate Fraud? Part 1

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Corporate fraud is a twin of corporate misgovernance.  The two are frequently companions.  “ طيزين في سروال واحد “ .  Or...
Friday, 26 June 2020

Wirecard - Why Income Statement Manipulation Results in Balance Sheet Manipulation

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R^2 -Not Affiliated with Wirecard or Hin Leong As you will recall, Financial Times articles reporting that Wirecard’s (WC) revenues an...
Thursday, 18 June 2020

R.I.P. Dame Lynn

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18 juin 1940

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"Le Gouvernement français a demandé à l’ennemi à quelles conditions honorables un cessez-le-feu était possible. Il a déclaré que, ...
Wednesday, 15 April 2020

Bahrain Middle East Bank - Successful AGM, No EGM = Future Remains Bleak

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At the Third AGM, a Quorum Can Be Rather Small BMB “successfully” held its FY 2019 AGM on 9 April after two previous unsuccessful tri...
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