Top Regulations News

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
Law to combat dirty money under way in Qatar

Qatar is drafting a new Anti-Money Laundering and Combating the Financing of Terrorism Law to extend the scope of the two offences and to ensure full compliance with Financial Action Task Force 40 + 9 recommendations, the relevant international conventions and UN Security Council resolutions. The Peninsula - 11Oct 05:25GMT
Qatar: Data on consumer law violation

The Consumer Protection Department of the Ministry of Business and Trade has registered 337 violations committed by commercial outlets since March 1. The Peninsula - 11Oct 05:22GMT
Bahrain: Verdict on building Busaiteen mall soon

Immediate neighbours of Busaiten will now play a deciding role in building of the Busaiteen mall. Those favouring the mall submitted a petition to the council. Bahrain Tribune - 10Oct 08:50GMT
Kuwait rejects Terrorism in all its forms, calls for its definition

Kuwait late Thursday rejected Terrorism and criminal acts in all their forms and manifestations and urged the international community not to link them to any particular religion, civilization or ethnic group. KUNA (Kuwait News Agency) - 10Oct 08:32GMT
UAE: Salons Fined for Violating Prescribed Rates

Five hairdressing salons in Ras Al Khaimah were on Tuesday fined Dh1,100 each by the Department of Economic Development (DED) for charging more than the prescribed rates of services, and not complying the department's regulations. Khaleej Times - 10Oct 08:21GMT
Ajman Landlord Fined for Disconnecting Power Supply

The owner of a residential tower in Al Nuaimia area of Ajman has been fined Dh22,000 for disconnecting the power connection to 40 apartments. Khaleej Times - 10Oct 08:18GMT

Community Buzz

Stories in Legal

Most read stories by Community in the last 24 hrs

1	UAE Inc Fights Back
2	UAE: Property Rules Deter Foreign Investors
3	UAE ESCA Eases Share Buy-Back Rules
4	Gulf seeks bidders for projects worth $120 billion
5	No compulsory health insurance in Bahrain
6	MP urges merger of Kuwait banks
7	BMI Bank launches Qatar operations
8	New rules to fight money-laundering in Oman
9	Ernst & Young sets up new legal entity
10	Ajman Freezes Freehold Visas

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
Consolidated Contractors Company	Overseas	Construction and Design
Al Hilal Bank	UAE	Banking
Emaar Properties	UAE	Landlords and Developers
Dubai Chamber of Commerce and Industry	UAE	Associations
Saudi Binladin Group	Saudi Arabia	Construction and Design
Barwa Real Estate Company	Qatar	Landlords and Developers
Qatar Investment Authority	Qatar	Investment Firms and Funds
Kingdom Holding Company	Saudi Arabia	Multi-line
Nakheel	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
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
Nakheel - Dubai Waterfront	UAE	Real Estate
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Nakheel - Dubai Waterfront - Veneto	UAE	Real Estate
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas
Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
ADCO - SAS Field Development	UAE	Oil and Gas

Blogs

Most read blogs by Community in the last 24 hrs

1	A SWOT Analysis On Real Estate
2	Lessons Learned from the Current Crisis
3	Vertigo \| Memai
4	The Myth of Islamic Finance
5	Chicken Licken and the American financial crisis

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	375
2	Saudi Printing and Packaging Company	Saudi Arabia	278
3	Educational Holding Group	Kuwait	226
4	National Leasing Holding	Qatar	207
5	Arab International Company for Education and Investment	Jordan	203
» View Full List

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