A tough road ahead for European companies in Iran

June 5, 2018

With European companies scrambling to adjust to America’s unilateral withdrawal from the Iran nuclear deal, some major businesses have already declared that they are ready to exit Iran if they do not secure sanctions waivers from the US.  European leaders for their part have harshly criticised Trump and reaffirmed their support and intention to uphold […]

The Saudi corruption purge in 5 charts and tables

January 19, 2018

Mohammed bin Salman’s crackdown on corruption briefly reappeared on the radar of international media outlets this week with the news that Prince Muteb bin Abdullah, previously head of the Saudi national guard, had been released and that the Riyadh Ritz (pictured) had re-opened after being used as a luxury prison for those detainees with a […]

2017 in review – ClarifiedBy Diligencia (Part 1)

December 27, 2017

For a region used to turbulence and conflict, 2017 has been an eventful year for the Middle East by any measure.  The motor behind many of the year’s most eye-catching moments was Saudi Arabia which, under the growing power of crown prince Mohammed bin Salman (pictured), has not only embarked on a radical programme of […]

ClarifiedBy improvements – a message from Nouri

October 17, 2017

I am writing to let you know about some exciting updates to our ClarifiedBy service.  We have been listening to your feedback over the past weeks and months and are pleased to introduce new improvements to the platform, which we believe will make it even easier to use. Interactive network diagrams – use the sliders to […]

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 […]

COMPANIES IN THE NEWS: UAE Exchange Center

January 24, 2017

One of the most prolific outbound UAE investors, UAE Exchange Center is now part of the same network as Travelex, following the latter’s acquisition by well-known UAE entrepreneur BR Shetty at the end of 2016. Click here to download our free ClarifiedBy company snapshot of UAE Exchange Center. UAE Exchange Center (operating under its brand […]

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 […]

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 […]

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 […]

Announcing the launch of ClarifiedBy.com

September 21, 2016

I am delighted to announce the launch of www.ClarifiedBy.com – a new online portal bringing our community access to Diligencia’s accurate and reliable company information for the Middle East & North Africa region. What’s behind the name, you may ask? Simply put, it describes what we do every day; at Diligencia we commit our entire […]

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 […]