The Case for Clarity – the importance of verified company information

February 7, 2019

Those of you investing in the emerging markets of Africa or the Middle East will likely be looking for clarity on some of the mechanisms and levers for growing your commercial interests in these regions– one of which is information on companies you are looking to engage with (suppliers, partners, clients, co-investors), and, by default, […]

Vulnerability in the supply chain

January 8, 2019

As business models become more complex, employees more technologically empowered and cross-border partnerships becoming more the norm, the on-boarding of new suppliers and supply chains puts every organisation into a position of vulnerability. Indeed, supply chain compliance is an enterprise wide responsibility, and collaboration with both client and customer is essential to effectively manage compliance […]

Private family offices: the role of the investment committee

September 11, 2017

When looking at decision-making within private family offices in the MENA region, it is perhaps natural to focus on the Chief Investment Officer (CIO), or equivalent position.  This role is generally taken by an investment professional with many years of experience in the private banking sector or other advisory capacity.  The CIO can often be […]

Diligencia’s ClarifiedBy.com partners with Arachnys

August 29, 2017

We are pleased to announce that ClarifiedBy.com’s proprietary MENA company information is now available to Arachnys customers via its Investigator and D3 platforms. This partnership is designed to enhance Arachnys’ capabilities in the MENA region by placing Diligencia’s trusted and accurate company information alongside the range of other sources that Investigator and D3 carry. Nouri […]

Announcement of our partnership with LexisNexis

August 7, 2017

We are delighted to announce that Diligencia has entered into a content agreement with LexisNexis, a leading provider of content and technology solutions. Recognising that LexisNexis customers need trusted, reliable company information to take advantage of emerging opportunities—while also mitigating compliance risk—Diligencia was selected by LexisNexis for our content quality. Our company profiles in the […]

COMPANIES IN THE NEWS: Mohammed Al Abbar, Noon.com and Adeptio

March 24, 2017

Amazon’s announcement this week that it has agreed to acquire Souq.com for an estimated USD650m sets the scene for a battle between the global online retail giant and a soon-to-launch regional competitor in the shape of Noon.com. The prize at stake is large, with the Middle East region’s online shopping market set to grow by […]

Individual shareholder searches – now live on ClarifiedBy.com

February 6, 2017

I am pleased to announce that the individual ‘search for shareholder’ function is now live on ClarifiedBy.com, enabling our subscribers to start with an individual’s name and search for all their corporate interests that we hold on record in the MENA region. Combined with our advanced search filters and our ‘fuzzy search’ tool, this is […]

Who will stand to benefit from the lifting of sanctions on Sudan?

January 19, 2017

This week the US government announced that it was lifting its longstanding sanctions on trade with Sudan. In one of Obama’s final acts in office, the US will adopt a new approach to Sudan – allowing more freedom of trade with American companies in return for a range of political and security cooperation measures by […]

COMPANIES IN THE NEWS: SPA Sovac Algerie

January 3, 2017

Volkswagen and Sovac have announced a joint venture in Algeria. Click here to download a free company snapshot of SPA Sovac Algerie, ClarifiedBy Diligencia. In a much-needed boost to the Algerian economy, a joint venture was announced late last year between SPA Sovac Algerie and the Volkswagen Group to produce VW vehicles in Algeria. The […]

Avoiding the translation pitfalls

December 15, 2016

For anyone who has spent any time trying to research subjects in the MENA region, they will doubtless be aware of the difficulties in confidently identifying target individuals and organisations. Whilst almost all international business affairs are conducted using names in their English form, official registration documentation tends, unsurprisingly, to use exclusively the Arabic or […]

Tangier, Morocco and Diligencia – a growth story

November 28, 2016

Last week I made one of my regular trips back to Tangier, the town where I was born and a city where Diligencia now has a team of over 20 researchers helping us provide reliable and accurate company information for the MENA region.  Every time I go back there I am struck by the city’s […]

Charitable foundations or conglomerates? – Iran’s bonyad system

November 16, 2016

Bonyads (charitable foundations) are at the centre of Iran’s informal social welfare system. They are significant to Iranians, particularly the retired and war-wounded, as providers of social support. However, they are of further significance, both inside and outside the country, as major players in the Iranian economy. Bonyads may even account for some 30-40% of […]

The new UAE bankruptcy law – surprise announcement?

October 25, 2016

It was announced today that new UAE legislation on bankruptcy had been decreed into law, a first draft of which was only approved by the country’s federal cabinet last month. In a move which may take many of the legal and professional services community by surprise in the speed of its execution, the law will […]

What are Saham-e Edalat? A glimpse into the process of Iranian ‘cooperativisation’

October 4, 2016

The Justice Shares (saham-e edalat) scheme is one of the more mystifying examples of Iranian government bureaucracy. Designed in the early 2000s by the populist Ahmadinejad government, the scheme was designed to allow the transfer of shares in Iranian state-owned enterprises to low income families, while expediting privatisation, and giving a highly desirable injection of […]

Feast and famine: current investor sentiment towards Saudi Arabia

September 5, 2016

Institutional investors are salivating over Saudi Arabia’s first international debt sale, likely to be held next month, as reports over the weekend suggest a “clamour” of interest – reportedly prompting Riyadh to consider a whole series of such sales. Together with the promised (though so far vague in its detail) partial float of Saudi Aramco, […]

The 2015 UAE Commercial Companies Law – Clarified by Diligencia

June 1, 2016

UPDATE: since this article was written, the UAE government has announced a 12-month extension to the deadline to comply with the provisions of the 2015 Commercial Companies Law. UAE-based companies now have until 30 June 2017 to meet the requirements laid down in the legislation. It is only a month to go until companies need […]

The value of clarity – what have the Panama Papers taught us?

April 14, 2016

As the media hysteria around the so-called Panama Papers begins to subside, it is time to consider what this episode has taught us, if anything – and that does not include the hardly stunning revelation that celebrities, politicians and wealthy individuals worldwide use offshore vehicles to hide their assets and avoid paying tax. Firstly, the […]

Iran – sealing the deal

January 19, 2016

On Saturday the first concrete steps were taken to rehabilitate Iran in the global economy, when it was announced that many of the international sanctions gradually imposed on the country over the last 15 years or more had been lifted. In a move that has taken many by surprise in how quickly it has come […]