UAE Banking Sector 2018

UAE Banking Sector 2018

Banks across the UAE are expected to witness strengthening of their financial profiles and performance in 2018, after two years of significant pressure on account of fiscal deficit triggered by low oil price environment. As the macroeconomic scenario..

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UAE Bankruptcy Law

UAE Bankruptcy Law

WHAT is the New Bankruptcy Law of the UAE? HOW insolvency is determined? HOW bankruptcy proceedings are laid out?  WHAT directors need to know? WHAT’S the priority Debts upon liquidation?

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UAE Telecom

UAE Telecom

The UAE presents the second largest telecom market in the GCC region after Saudi Arabia in terms of capital and volume of spending. UAE is investing heavily in adopting and implementing communication technology in its government and private sectors. ..

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Dana Gas’s sukuk- a trail of tribulations?

Dana Gas’s sukuk- a trail of tribulations?

Dana Gas recently declared that it had received legal advice on its USD 700mn sukuk, maturing in October 2017, were not shariah compliant and hence has become unlawful in the UAE. The company subsequently has stopped payments and proposed that credit..

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UAE Aviation

UAE Aviation

Even before the unity of seven emirates, United Arab Emirates had taken small steps into the aviation world. On account of its geographical location, leadership and increasing globalization, the UAE aviation sector began to grow very rapidly. Emergen..

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UAE Asset Management

UAE Asset Management

The UAE asset management industry manages USD 783 Mn in assets in about 21 funds. In terms of products, specialized funds lead the pack with 53.1% share, followed by equity funds at 41%. Remainder of the assets is spread across money market and fixed..

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