Top Regulations News

Proposed law holds out hope for employers, domestic workers in KSA

A draft law for governing proposed companies that will oversee recruitment of foreign labor aims to simplify the recruitment process while guaranteeing the rights of both employers and workers in Saudi Arabia, officials say. Arab News - 16Oct 06:46GMT
Qatari court summons executive for QR74m embezzlement

A general manager of a leading local group of companies in Qatar has been summoned to court for allegedly embezzling QR74m (about $20m) from his employer. The Peninsula - 16Oct 06:44GMT
Jordan's local radio station says House ban lifted

Radio Al Balad will soon resume broadcasting live the Lower House sessions after it was banned from airing the meetings for allegedly insulting the legislature in March. Jordan Times - 16Oct 06:40GMT
Qabalan investors in a pro rata pay back deal

Deposits of 700 out of 5,000 investors in a fraudulent savings fund, were documented by the police in preparation for a pro rata deal to get back their money, police said. Gulf News - 16Oct 05:40GMT
Manager Jailed, Fined Dh6.45M In Dubai

A "historic and unprecedented" verdict has been given to a company manager, who has been jailed for two months and fined Dh6.45 million for illegally employing 94 workers. Gulf News - 16Oct 05:07GMT
Esca Plans Law To Regulate Short Selling In UAE

A new law to regulate short selling in UAE markets is being drawn up by the Emirates Securities and Commodities Authority, its head said. Emirates Business 24/7 - 15Oct 04:21GMT
Ernst & Young sets up new legal entity

Ernst & Young Global has established a separate legal entity called Ernst & Young CertifyPoint to oversee the issuance of ISO/IEC27001 certifications based on globally consistent accreditation, audit and certification guidelines. Oman Daily Observer - 14Oct 06:16GMT
No compulsory health insurance in Bahrain

Bahrain, which spends over BD20 million a year on subsidising healthcare services or equal to 6 per cent of gross domestic product, is not ready yet to implement compulsory health insurance for everyone as perceived in the draft law pending before Parliament, a senior government official said. Bahrain Tribune - 13Oct 07:06GMT
New rules to fight money-laundering in Oman

A decision setting rules for customer identification as a means to combat money-laundering and terrorism financing was issued by Oman's Commerce and Industry Minister Maqbool bin Ali Sultan. Oman Daily Observer - 12Oct 05:55GMT
New Legal edict on Patent protection in UAE

The legal period of protection valid for a patent will be ten years in UAE, the Legislation and Legal edicts directorate has resolved. WAM (Emirates News Agency) - 11Oct 08:20GMT

Community Buzz

Stories in Legal

Most read stories by Community in the last 24 hrs

1	Top 10 GCC projects in bidding valued at $64bn
2	Dutco's UAE order book at Dh4bn
3	Esca Plans Law To Regulate Short Selling In UAE
4	Investment supremo touts billions in property sales in Lebanon
5	Gulf seeks bidders for projects worth $120 billion
6	Small Brokerage Firms In UAE Face Bankruptcies Or Mergers
7	Federal Law To Regulate Water Consumption in UAE
8	UAE Inc Fights Back
9	Dutco Balfour Beatty announce opening of new Training & Development Centre
10	Regulation Brings Opportunities In Insurance And Reinsurance In Saudi Arabia

Companies in Legal

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Abu Dhabi Investment Council	UAE	Investment Firms and Funds
Nakheel	UAE	Landlords and Developers
Qatar Investment Authority	Qatar	Investment Firms and Funds
Al Hilal Bank	UAE	Banking
Consolidated Contractors Company	Overseas	Construction and Design
Saudi Telecom	Saudi Arabia	Telecommunications Services
Dubai Chamber of Commerce and Industry	UAE	Associations
Saudi Binladin Group	Saudi Arabia	Construction and Design
Jazeera Airways	Kuwait	Transportation Services
Emaar Properties	UAE	Landlords and Developers

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas
Nakheel - Dubai Waterfront	UAE	Real Estate
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Nakheel - Dubai Waterfront - Veneto	UAE	Real Estate
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
ADCO - SAS Field Development	UAE	Oil and Gas
Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas

Blogs

Â I went to the dentist a few days ago for the first time in several years.Â Part of the reason I put off going for so long was that I didnâ€™t really want to hear the bad news.Â I thought, if Iâ€™m not experiencing any tooth ache, there canâ€™t be anything wrong. It turned out I had 10 cavities that need filling and a possible root canal. Although to look...

This Arab Life

blog by Alexandra Tohme | 15Oct08

Most read blogs by Community in the last 24 hrs

1	A SWOT Analysis On Real Estate
2	Do GCC Countries Finance US Current Account Deficit?
3	The Myth of Islamic Finance
4	Lessons Learned from the Current Crisis
5	A rich man learns Dubai is not the place to commit a crime

Join Zawya Network

Financial Services
Seizing Virgin Territory
"If you think of the Wild West in America, it was lightly regulated, but there was lots of opportunity. The Middle East now is lightly regulated, but it's virgin territory" according to Imran Ahmed, managing director of asset management at Mashreq Bank.

Financial Services
Fearing Disclosures
Following a number of high-profile scandals, companies are being judged by their transparency and the quality of the information they disclose.

Markets
Testing Times
Gulf regulators scratch their heads as the western markets they sought to emulate change the rules of the game.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Privatization Holding Company	Kuwait	368
2	Saudi Printing and Packaging Company	Saudi Arabia	294
3	Educational Holding Group	Kuwait	227
4	National Leasing Holding	Qatar	226
5	Arab International Company for Education and Investment	Jordan	212
» View Full List

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