July 19, 2018

Archives for May 2018

Cayman Islands: Walkers leads landmark defence of Mega-Litigation

See also related story published in iNews Cayman today “Hon. Chief Justice’s Judgement on the AHAB v SICL and others”  Grand Cayman – (May 2018) – Judgment has today been handed down by the Honourable Chief Justice of the Grand Court of the Cayman Islands in the matter of Ahmad Hamad Algosaibi Brothers Company (AHAB) […]

The Editor Speaks: Firearms amnesty

Tomorrow (Fri June 1) the RCIPS is launching a firearms amnesty. It will run until the end of the month. The last RCIPS amnesty was in 2011. It was not a giant success. However, one gun off the streets is a plus that is countered by the hundreds that have appeared since then. I have […]

Cayman Islands: Hon. Chief Justice’s Judgement on the AHAB v SICL and others

NOTE: See also related story published in iNews Cayman today “Walkers Leads Landmark Defence of Mega-Litigation”  IMAGE (left) Billionaire Al-Sanea Executive Summary 1.Ahmad Hamad Algosaibi Brothers partnership, or AHAB, has its origins in a business began by Hamad Algosaibi in the 1940s. Hamad died in 1969 and was succeeded by his three sons, Ahmad, Abdulaziz, […]

Cayman Islands Wind of Hope 5k nets CI$5k for foster home

George Town, Grand Cayman, : On Sunday 27th May over 300 people came together to take part in the 4th installment of the Wind of Hope Walk/Run bringing in over $5,000 in support of healthy eating habits of children living at the Nadine Andreas Residential Foster Home. The Wind of Hope (WHO) is a charitable […]

Heavy rains fail to dampen the energy at JN Money’s I Love Jamaica Day in the Cayman Islands

Heavy rains in The Cayman Islands on Saturday, May 12, failed to put a damper on the inaugural JN Money’s I Love Jamaica Day which was held at Crown Square, East Avenue. The event which promised a ‘360-degree’ package did not disappoint, as many patrons benefitted from a wide range of financial services, scrumptious meals […]

University-bound student inspires youth at the Cayman Islands Y

Caymanian Samuel Reid is preparing to pursue civil engineering studies in the UK but while he awaits his university experience, the 21-year old is keeping himself busy by giving back to the community through his involvement with the YMCA Cayman Islands. Reid works at the Y as a Youth Development Leader where he helps to […]

Cayman Islands banks making Revolut useless

From Revolut Community zholnin Hi! Finally for the first time I am using Revolut in Cayman Islands (now I am visiting, but previously I lived here for 8 years). I know that local banks do like to rip off tourists, but I didn’t expect them to go to that extent. What they do is they […]

Cayman Islands Stock Exchange pays Government special dividend

Since becoming profitable a decade ago, the Cayman Islands Stock Exchange (CSX) has paid an annual dividend of 75% of its net income to its sole shareholder, the Cayman Islands Government. The Exchange received an unqualified audit report on 30 April 2018, having declared a dividend of US$449,949 on 20 September 2016, in respect of the […]

New conference to focus on Cayman Islands’ digital economy

CyDEC 2018 will bring together global and local experts for Cayman’s first digital economy conference. The day-long conference will be held June 21, 2018 at The Kimpton Seafire Resort and Spa, Grand Cayman, starting at 8:00 am, and will showcase new ideas and applied technological advancements for leaders across the financial, technological, legal and public […]

Cayman Islands Ombudsman releases DP Fact Sheet & GDPR

From The Office of the Ombudsman The Ombudsman publishes “Data Protection Fact Sheet – Ten steps to take now”, and provides information on the EU’s General Data Protection Regulation (GDPR) The Cayman Islands’ Data Protection Law (DPL) will come into effect in January 2019. The DPL is compatible with data protection rules in the European […]