Grand Court of the Cayman Islands Issues Interim Award in Algosaibi Fraud Case and Orders Maan Al Sanea to Pay $2.5 billion
The Grand Court of the Cayman Islands issued a ruling in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) requiring Maan Al Sanea to pay AHAB 2.5 Billion dollars, the amount requested by AHAB as an interim payment. In a…
Cayman Islands Westin hotel seeks to lure Texas tourists with non-stop flights from Dallas
Hospitality execs in the Cayman Islands continue their efforts to lure Texas tourists. Cayman Airways has announced the launch of non-stop weekly service from Dallas/Fort Worth International Airport to Grand Cayman starting June 23, and running through Sept. 2, 2012….
“We still need the Cayman Islands”
In the Caribbean, says Claire Whitaker, “we’re down to the last six islands.” David Jones concurs: “Still need the Cayman Islands, British Virgin Islands and (not to be confused) the Virgin Islands. Funny how we can sort the most remote…
Premier Presents Gift of Computers from CDB
Nine community organisations benefited from the Caribbean Development Bank’s (CDB) Annual Meeting of the Board of Governors that was hosted by the Cayman Islands in May. Today Premier McKeeva Bush, who served as CDB Chairman during the past year continued…
Cayman Islands second largest captives domicile
The impacts of Solvency II and other international regulation on captive insurance companies will be a topic of conversation in the Cayman Islands this week. Hosted by the Cayman Islands Monetary Authority (CIMA), senior members from the International Association of…
Statement by the Hon. Premier and Minister of Finance, Tourism & Development on Term Limit Review for Legislative Assembly on 15th June 2012
Madam Speaker, I am pleased to report that the Term Limit Review Committee has concluded their work and has prepared a report containing a number of recommendations on the way forward, as it relates to term limits on work permits. …
A Successful Year for Mentoring Cayman
Forty-six students completed the 2012 Mentoring Cayman Programme organised by the Chamber of Commerce and supported by the Ministry of Health, Environment, Youth, Sports and Culture. The students along with their mentors celebrated their accomplishment with a closing ceremony hosted…
Statement by Honourable Premier and Minister for Finance on the Proposed 2012/13 Budget 14 June 2012
The purpose of the Statement is to inform as to where we are at with the Budget. Introduction The Government has a fiscal year that starts on the 1st of July each calendar year and ends on the 30th of June in…
Regional Prosecutors Train in Cayman
Regional Directors of Public Prosecution (DPPs), crime scene managers and police officers are getting trained in a two-day workshop that began at the Marriott Resort on Thursday, 14 June. The 63 participants represent the British Overseas Territories of Anguilla, Bermuda,…
Caribbean Week in New York
A spring rite of passage in the Big Apple, Caribbean Week got off to a rousing start in Manhattan in June. Celebrating the sights, sounds, culture and vacation opportunities of the world’s favourite vacay destination, Caribbean Week is the largest…
