06/16/2013
Shearman eyes Saudi opening as firm mulls opportunities to expand in region
US firm considers Qatar, Dubai and Egypt launches in push to extend beyond Abu Dhabi
Legal, Tax, Regulation & Compliance
06/15/2013
Qatar tightens caps on banks’ securities investment
Qatar’s central bank has tightened its curbs on how much banks can invest in stocks and bonds, according to a circular released by the central bank and seen by Reuters.
06/11/2013
Baker Botts in talks to take sizeable Norton Rose Fulbright team in Dubai
Baker Botts is in talks to take on a large chunk of Norton Rose Fulbright’s Dubai operations
06/11/2013
German seeks damages for bank accounts freeze
The court also stopped a probe by the Banking Fraud Investigations Unit (BFIU).
06/09/2013
Chadbourne Announces New Leadership Appointments in EMEA Region
The newly-created role of EMEA Liaison Partner is designed to promote greater communication and foster improved coordination among the firm's international offices outside of the Americas and to accommodate the growing needs of the firm's client
06/09/2013
Shearman focuses on Egypt as arbitration in the region grows
International arbitration head Emmanuel Gaillard is interviewing at associate level and is thought to be after at least two more Arabic speakers to service cases in the Gulf Region.
06/09/2013
Norton Rose Fulbright fights to avoid Dubai crisis as mass Fulbright exit beckons
The legacy firms’ Dubai practices were originally set to merge fully into the same profit pool, with Norton Rose’s London management considering different options ahead of the combination including offloading the UK firm’s office in the
06/06/2013
Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’
Prince Alwaleed bin Talal is a very rich man he’s worth $20 billion,
05/28/2013
Addleshaws launches Qatar office with duo of hires
This is the third launch in the Arabian Gulf for Addleshaw Goddard who opened its first office in the region in Dubai in September 2012
05/27/2013
CBO Publishes Its First Report on Financial Stability
The financial stability report issued by the CBO is expected to be a good reference for the local and international organizations including the credit rating agencies
05/19/2013
Bell Capital GC quits for Qatar Investment Authority
Bell Capital general counsel Tom Bartos has left the role for an M&A position at the Qatar Investment Authority (QIA), the state-owned investment arm of the Gulf state.
05/15/2013
Edwards Wildman teams up with M&A boutique for Turkey launch
Istanbul has become a hub for sophisticated M&A and private equity activity
05/01/2013
Barclays back in the spotlight over £30m payout in 2008 rescue deal
The latest revelations were provided by Euromoney, which reported this week on leaked correspondence from the Abu Dhabi end of the rescue deal.
04/29/2013
China's second largest law firm opens Israel office
He will remain managing partner of the base, working alongside local partners
04/28/2013
UAE regulator pledges consultation after easing fund rule
The United Arab Emirates' securities regulator will review its funds regime regularly in consultation with investors and fund sponsors, the body said after relaxing rules to make it easier for foreign fund managers to sell to institutions.
04/20/2013
Squire Sanders hires female lawyer as banking regulatory specialist
Dr. Nadia Al-Anani as Senior Associate in its Riyadh office
04/17/2013
Regulations and expectations stymie funds in Middle Eas
Many fund managers are still struggling with small pools of assets, sluggish inflows of fresh money and high operating costs
04/17/2013
Bakers seals merger with top UAE law firm Habib Al Mulla
The merged firm, which will be known as Baker & McKenzie Habib Al Mulla in the UAE
04/09/2013
Dubai’s Mashreq sues ING over $43m investment loss
In its claim Mashreq said these revisions were “nothing more than trickery”
04/08/2013
Egypt scraps tax on dividends, investment gains
The country's main stock market index is down 6.5 percent this year.