Top Regulations News

DIB Launches Sharia Consultancy Subsidiary

Dubai Islamic Bank (DIB) announced the launch of its subsidiary Dar Al Sharia Legal & Financial Consultancy, which will serve as a one-stop solution centre for all Sharia, legal and financial consultancy for all types of Islamic financing and investment transactions on the global level. Press Release - 20Jul 10:49GMT
Bahrain's Batelco agrees to reinstate workers

Following a legal battle with employees and the Batelco Trade Union, Batelco has agreed to reinstate 40 Bahraini workers it had dismissed earlier this year. Bahrain Tribune - 20Jul 07:18GMT
Saudi Oger Dismisses Mobily's 'False Claims'

A spokesman for Saudi Oger, the construction company that has been accused by Mobily of negligently cutting its two fiber optic lines, said that his company would file a countersuit against the telecommunications company for what it claims are false allegations leaked to the press. Arab News - 20Jul 05:29GMT
UAE Minister to Stand Trial in a Case of Fraud

In an unprecedented case, one of the ministers in UAE will be facing charges of breach of trust, fraud and criminal conspiracy.Three others have been named in the case filed by a Lebanese woman Khaleej Times - 19Jul 07:52GMT
Judges protest over 'misplaced accusations' in Lebanese media

Lebanese judges held a strike on Friday to protest against what the Higher Judicial Council has repeatedly described as "unjustified attacks" against judiciary authorities in the country. The Daily Star - 19Jul 04:41GMT
UAE Minister to Stand Trial for Alleged Fraud

A state minister in the United Arab Emirates is to be tried on charges of breach of trust, fraud and abetting a crime in an unprecedented case in the Gulf country, newspapers reported on Friday. AFP - 18Jul 09:03GMT
Trowers & Hamlins Advise GFH on New Fund

International law firm Trowers & Hamlins has been retained by Gulf Finance House (GFH), a leading GCC based Islamic Investment Bank to advise on a Shari'ah compliant UK commercial property fund, Gulf Atlantic Real Estate II. Press Release - 17Jul 12:51GMT
DLA Piper Forms New Association In Saudi Arabia

DLA Piper has established an association with Saudi Arabian lawyer, Abdulaziz Al-Bosaily in order to develop its presence in Saudi Arabia. Press Release - 17Jul 12:49GMT
Saudi Arabia Launches New Policy for Land Registration

Prince Meteb Bin Abdulaziz, Minister of Municipal and Rural Affairs has announced the launch of new land registration policy to bring transparency to land registries. Al-Arabiya - 15Jul 13:35GMT
Oman bids to clean up act on workers

Oman is drafting a comprehensive law against human trafficking to try to persuade the US to lift an indictment that calls the sultanate a serious offender against the rights of migrant workers. Financial Times - 15Jul 04:27GMT

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Media
Regulation or Strangulation
Egyptian government wants to restructure its state-media and shed the burden of tens of thousands of people working in its radio and television sector.

Oman
Clean Up Act
Oman is drafting a comprehensive law against human trafficking to try to persuade the US to lift an indictment that calls the sultanate a serious offender against the rights of migrant workers.

Egypt
Law Under Fire
An anti-trust law adopted last week in Egypt has ignited a furious public debate about conflicts of interest.

Company Ranking

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

	Company	Country	Market Capital ($mil)
1	Privatization Holding Company	Kuwait	556
2	Saudi Printing and Packaging Company	Saudi Arabia	408
3	National Leasing Holding	Qatar	311
4	Educational Holding Group	Kuwait	231
5	Al Khaleej Training and Education	Saudi Arabia	219
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