http://www.complinet.com Complinet Complete: Middle East RSS feed en complinet.com http://www.complinet.com/global/news/news/article.html?ref=122984 Standard & Poor's has altered the way it calculates credit ratings for government-related entities in the Gulf prompting Abu Dhabi National Energy Company (Taqa) to sever ties with the ratings agency. Thu, 02 Jul 2009 09:44:03 +0000 http://www.complinet.com/global/news/news/article.html?ref=122979 The UAE State Audit Institution has unveiled its new 'ReportFraud' service for members of the public to report on fraudulent activity within the UAE Federal Government. Thu, 02 Jul 2009 09:40:29 +0000 http://www.complinet.com/global/news/news/article.html?ref=122983 The DIFC Courts, Dubai International Financial Centre's independent, common law judicial system, on Wednesday announced the addition of two new parts to their Rules to further enhance the suite of dispute resolution services available at the DIFC. Thu, 02 Jul 2009 09:36:49 +0000 http://www.complinet.com/global/news/news/article.html?ref=122982 The Qatar Financial Centre Authority and the Qatari Lawyers Association have announced the establishment of the Qatar Legal Practitioners Committee. Thu, 02 Jul 2009 09:34:07 +0000 http://www.complinet.com/global/news/news/article.html?ref=122981 Details here. Thu, 02 Jul 2009 09:33:23 +0000 http://www.complinet.com/global/news/news/article.html?ref=122946 Nasdaq Dubai has extended for six months its requirement that its trading members report gross short positions in securities listed on the exchange, it confirmed in a press statement today. Wed, 01 Jul 2009 10:01:18 +0000 http://www.complinet.com/global/news/news/article.html?ref=122934 The Federal National Council of the United Arab Emirates, the consultative body that advises the government has approved a law to allow the federation to guarantee bank bonds and medium-term notes for five years. Wed, 01 Jul 2009 09:44:32 +0000 http://www.complinet.com/global/news/news/article.html?ref=122941 Emirates NBD has secured AED4bn ($1. Wed, 01 Jul 2009 09:40:21 +0000 http://www.complinet.com/global/news/news/article.html?ref=122906 The Emirates Securities and Commodities Authority has passed new regulations that relate to custody services for securities and passed a resolution that permits brokers to trade their own account for the first time. Tue, 30 Jun 2009 09:47:56 +0000 http://www.complinet.com/global/news/news/article.html?ref=122880 Just a few weeks ago the former president of the World Bank, James Wolfensohn, predicted that the worst of the global financial crisis might yet be to come. Tue, 30 Jun 2009 09:44:25 +0000 http://www.complinet.com/global/news/news/article.html?ref=122878 The money exchange sector in the Gulf must be properly regulated in order to ensure money laundering controls are as impenetrable as possible, it has been claimed. Mon, 29 Jun 2009 09:59:09 +0000 http://www.complinet.com/global/news/news/article.html?ref=122881 Following the ending of the consultation period on a number of proposed legislative changes, set out in Consultation Papers 60 and 61, the board, after due consideration of consultees comments, approved the final version of amendments to the Rulebook as described below. Mon, 29 Jun 2009 09:53:09 +0000 http://www.complinet.com/global/news/news/article.html?ref=122862 Gulf Cooperation Council monetary union is effectively on life support following the recent decision by the United Arab Emirates to quit the planned single currency. Mon, 29 Jun 2009 09:45:15 +0000 http://www.complinet.com/global/news/news/article.html?ref=122866 A top Saudi retail investor denied on Saturday that he engaged in insider trading but said he accepted a verdict earlier this week by the bourse's watchdog which fined him for the alleged practice. Mon, 29 Jun 2009 09:43:25 +0000 http://www.complinet.com/global/news/news/article.html?ref=122864 Five former senior executives of an Abu Dhabi-based Islamic finance company have been jailed for between one and three years for embezzling AED423m ($120m) UAE daily, The National, reported late on Sunday. Mon, 29 Jun 2009 09:40:12 +0000 http://www.complinet.com/global/news/news/article.html?ref=122851 The Financial Stability Board held its inaugural meeting in Basel on June 26-27. Sun, 28 Jun 2009 09:45:08 +0000 http://www.complinet.com/global/news/news/article.html?ref=122793 After intense wrangling over the validity of the AED1. Thu, 25 Jun 2009 09:45:43 +0000 http://www.complinet.com/global/news/news/article.html?ref=122787 Industry experts indicate that the global financial crisis would present opportunities for private equity and venture capital firms in the region. Thu, 25 Jun 2009 09:44:20 +0000 http://www.complinet.com/global/news/news/article.html?ref=122767 Ethiopia's council of ministers have sent a bill that criminalises money laundering to parliament for final approval, it has been reported. Wed, 24 Jun 2009 09:48:49 +0000 http://www.complinet.com/global/news/news/article.html?ref=122764 The ongoing spat between Dubai Banking Group and Shuaa Capital, a Dubai investment bank, has intensified following the announcement by DBG that it was initiating legal proceedings to recover AED1. Wed, 24 Jun 2009 09:44:34 +0000