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In a recent (August 2014) decision, the DIFC Court has ruled against financial institutions in a USD 200 million investment mis-selling claim.

The rapid advancement of quantum computing has garnered global attention, with the United Arab Emirates (U.A.E) emerging as a leader in recognizing its immense potential.

It can be risky to follow personal finance advice from unqualified or self-declared experts on websites like TikTok, especially for younger people who may have little...

The new Regulations aim to help facilitate the enhanced adoption of secure digital payments throughout the region.

The DIFC has recently introduced their regulations concerning The Ultimate Beneficial Owners (UBO) of companies.

One day, you might find an amount of money deposited into your account without any prior notice! This is often followed by a request to return it or transfer it to another account.

The UAE Insurance Authority issued Board of Directors' Resolution No. (14) of 2020 on the Amendment of Some Provisions of the Insurance Authority Board of Directors' Resolution...

The Dubai International Financial Centre ("DIFC") has supplemented the establishment of its own Intellectual Property ("IP") Law with newly published IP Regulations, effective from 5 July 2021.

The UAE legislator has approved cheques, as a mechanism to provide exceptional protection which other commercial tools do not benefit from.

The Dubai Financial Services Authority (DFSA), the financial services regulator in Dubai recently issued its crypto token regime which goes into force on 1 November 2022.

Bank frauds are of different kinds and can include different types of financial crimes. It is critical to build awareness on the different type of bank fraud and also to practice the measures...

Defaulting on a bank loan in the UAE is regulated by the Commercial Code (federal decree-law No. (50) of 2022) and the Civil Procedure Law (federal decree-law No. (42) of 2022).

The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region...

In the evening of 25th March 2020, the Dubai DED directed all private sector companies and commercial establishments to implement remote working for a minimum of 80% of employees

Let's get digital – the Middle East has been working toward broader adoption of digital debt securities, driven by government-led transformation agendas, regulatory frameworks, and an appetite for financial innovation.

In this article, we examine the potential advantages of the new entity and what this means for the financial services industry.

Under UAE law, a cheque is recognised as a commercial instrument. It constitutes a written order issued by the account holder (the drawer) instructing a bank to pay a specific sum of money to a named beneficiary or to the bearer.