Commercial UAE Edition
Latest News
Orascom Investment reaches settlement with Sound and Light Company
The consortium settled disputes with Misr Company for Sound and Light
Kuwaiti court refuses Ream Real Estate’s grievance against CMA
In April 2019, the CMA rejected the merger between Ream Real Estate and International Resorts Company (IRC) based on the asset valuator’s notes on London Resorts Holding Limited Company
Ras Al Khaimah Economic Zone aims to attract more investors
India is among the zone’s key clients, due to the good bilateral ties between the two countries
UK watchdog opens formal probe of Amazon Deliveroo deal
Amazon said its investment will allow Deliveroo to expand its services and create new jobs
DXB, DWC achieve Level 3 of ACI’s Airport Carbon Accreditation programme
The Level 3 of the programme provides an international airport-specific framework
Jordan halves registration, economic activity fees in Aqaba
The decision seeks to promote investment at the Aqaba Special Economic Zone
Experts discuss legal liability of artificial intelligence actions
Artificial intelligence (AI) has its strengths but also has its weaknesses
Sagia grants investment licences to Russian construction firms
A total of 17 MoUs were signed between Saudi and Russian firms covering various sectors
Bahrain's local kingfish to be available in market as ban lifted
Ban aimed at regulating fishing practices, replenishing fish stocks, as well as avoiding depletion of the kingfish to achieve balance within the marine environment
Facebook's Libra announces board as support shrinks further
Libra Association selects board at first meeting
Insights
U.S. hits Turkey where it hurts with bank charges
Halkbank’s alleged role in the saga, which used gold-trading to circumvent sanctions on Iran, has been public for almost six years.
Tech will struggle to evade U.S. antitrust octopus
The fragmented approach has its perks, though, especially when federal regulators are spread too thinly, or inclined to be hands-off
