Abraaj creditors meet in Dubai and London, with ‘fire sale’ option on the table
By Frank Lane From Arab News Middle East’s largest private equity firm meets with creditors and investors in London and Dubai “Fire sale” of assets one of the options for Abraaj assets DUBAI: Investors and creditors of embattled private-equity firm…
Iran nuclear deal: UK won’t walk away, says Boris Johnson
From BBC Britain has “no intention of walking away” from the Iran nuclear deal despite the United States pulling out, Foreign Secretary Boris Johnson says. Mr Johnson told MPs the UK would “strive to preserve the gains” made by the…
Extradition Ordered for Jamaican Muslim Cleric Accused in US of Recruiting for ISIS
From CARIBBEAN360 KINGSTON, Jamaica, Wednesday May 2, 2018 – A judge has signed an extradition warrant, ordering radical Jamaican Muslim cleric Sheikh Abdullah el-Faisal be handed over to authorities in the United States to face terrorism-related charges. But el-Faisal has…
Pope calls for Peace in Easter Message: ‘Hope and Dignity’
From Newsmax On Christianity’s most joyful day, Pope Francis in his Easter Sunday message called for peace in a world marked by war and conflict, “beginning with the beloved and long-suffering land of Syria,” and extending to the entire Middle…
India’s Capillary Technologies raises $20M from Warburg Pincus and Sequoia
by Jon Russell From TechCrunch Capillary Technologies, an India-based startup that helps e-commerce businesses manage their marketing and customer engagement, has pulled in $20 million in fresh funding from existing investors Warburg Pincus and Sequoia. The company said it plans to…
US threatens to end aid to Caribbean
From Jamaica Observer WASHINGTON, United States (CMC) — United States President Donald Trump has threatened to cut off American aid to any country, including those in the Caribbean, that votes for a resolution at the United Nations condemning his recent…
Cayman Islands latest jurisdiction to unveil foundations legislation
By: Helen Burggraf From International Investment Cayman Islands latest jurisdiction to unveil foundations legislation The Cayman Islands has brought into force new legislation allowing for the creation of “foundation companies”, in what experts there are hoping will enable companies established…
ADGM recognised as an attractive and tax efficient aircraft financing and leasing hub
From Mondovisione ADGM Recognised As An Attractive And Tax Efficient Aircraft Financing And Leasing Hub For The Region – Based On PwC’s Latest Aviation Comparative Jurisdiction Report, Focusing On The Wide UAE Double Tax Treaty The strength and role of…
Epic Saudi fraud trial coming to a close in Cayman court
By Eugenio Montesano From International Advisor One of the biggest trials in Cayman Islands history involving the Middle East’s longest-running business feud is coming to an end after a year in court. Saudi Arabian hospitality, food and real estate group…
CNN: Navy laser weapon can hit missiles at speed of light
By Greg Richter From Newsmax The U.S. Navy already has deployed lasers that can take out land- and air-based targets, and is developing second-generation weapons to hit missiles at the speed of light, CNN reported. The LaWS, or Laser Weapons…
