🇦🇪UAE Legal News

Oman has received accolades for its robust anti-money laundering (AML) framework, standing out in the Middle East and North Africa for its commitment to financial integrity. The 2024 Mutual Evaluation Report from the Financial Action Task Force (FATF) highlights the nation’s comprehensive legal, legislative, and supervisory reforms aimed at combating money laundering and terrorism financing. …

Oman Earns Praise for Strengthened Anti-Money Laundering Efforts Read More »

In a blow to the Democratic Republic of Congo (DRC), the International Chamber of Commerce (ICC) has ruled that the country’s legal dispute with Centurion Law Group (CLG) over a failed compensation agreement will proceed as originally filed. This decision marks a loss for Kinshasa in the first round of a high-stakes arbitration case that …

Congo Faces Setback in $180 Million Legal Battle Over Glencore Settlement Read More »

The Tunisian Council of Ministers convened Thursday morning at the Government Palace in Kasbah, greenlighting several pivotal draft laws and decrees aimed at improving public services and driving economic recovery. These initiatives span crucial sectors, including sanitation, telemedicine, and infrastructure development. Among the most significant measures is the approval of a loan agreement with the …

Tunisia Advances Key Initiatives to Strengthen Infrastructure, Health, and Economy Read More »

In a significant legal victory for Adani Group, a court in Mumbai has dismissed a petition challenging the company’s award of a major contract to redevelop Dharavi, one of Asia’s largest and most densely populated slums. The court’s decision removes a key hurdle for the $619 million transformation project that aims to turn the sprawling …

Court Greenlights Adani Group’s $619 Million Dharavi Revamp Project, Rejects Legal Challenge Read More »

In the quiet corridors of Andhra Pradesh’s government offices, a deal struck in late 2021 has now drawn sharp scrutiny, raising questions about how decisions of monumental financial and environmental significance are made. The agreement, a $490 million annual contract to procure solar power, was approved at lightning speed despite warnings from key officials—and now …

Shadows Over Sunshine: How Andhra Pradesh’s Solar Deal Took a Controversial Turn Read More »

Zimbabwe has taken a decisive step toward abolishing capital punishment, with the Senate approving the Death Penalty Abolition Bill late yesterday. The legislation, which has already cleared the National Assembly, now awaits the President’s assent and official publication in the national Gazette to become law. This historic move positions Zimbabwe alongside a growing list of …

Zimbabwe Poised to Scrap Death Penalty as Senate Approves Landmark Bill Read More »

Bahrain has introduced sweeping reforms to its halal food certification process, signaling a decisive move toward modernizing and standardizing practices to meet global demands for quality and authenticity. Under a newly issued ministerial edict, updated technical criteria will now dictate halal certification in the kingdom, aligning with Islamic dietary laws while ensuring greater transparency and …

Bahrain Unveils Bold Overhaul of Halal Certification Standards Read More »

Legal experts suggest that the fraud case against Indian billionaire Gautam Adani, centered on allegations of bribing officials and misleading U.S. investors, is supported by compelling evidence. However, they caution that the chances of Adani being extradited to face charges in the U.S. remain slim. In November, federal prosecutors in Brooklyn unveiled an indictment accusing …

Adani’s U.S. Fraud Case Builds, But Extradition Remains Unlikely, Legal Experts Say Read More »

The U.S. Supreme Court has ended Nvidia’s attempt to dodge a securities fraud lawsuit, a move that leaves the chipmaker defending itself against allegations of misleading investors about its ties to the volatile cryptocurrency market. The justices dismissed Nvidia’s appeal in a brief, one-line order that left standing a lower court’s decision to allow the …

Nvidia Faces Uphill Battle as Supreme Court Ends Bid to Halt Fraud Suit Read More »

The US and UK governments have imposed sanctions on Kamlesh Pattni, the controversial figure linked to Kenya’s infamous Goldenberg scandal, after he allegedly orchestrated another gold-related fraud in Zimbabwe. The new sanctions target Pattni, his brother-in-law Mukesh Mansukhlal Vaya, and several others connected to the illicit operation. Pattni, whose actions in the 1990s cost Kenya …

US and UK Sanction Kenyan Businessman Kamlesh Pattni Over Gold Scam Connections Read More »