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Kuwait government passes anti-corruption draft law

Kuwait's cabinet passed an anti-corruption draft law on Sunday, which includes articles on financial disclosure and money laundering, with penalties of up to seven years in prison, the state news agency KUNA reported.

September 26, 2011 2:19
Over $500mn of undocumented loans sinks Kabul Bank

Over $500mn of undocumented loans sinks Kabul Bank

A number of Kabul's elite, some owning properties in Dubai, have received undocumented millions in loans, with the bank only able to get back two-thirds of the whole debt.

May 30, 2011 10:47
Music to Kipp’s ears

Music to Kipp’s ears

Dubai is on the offensive. Nice.

August 19, 2009 3:20