In the latest sign of the consolidation hitting the U.S. legal industry, two of the United States' 100 largest law firms have drawn up plans to merge.
South Korean steel maker POSCO is considering selling part of its stake in construction unit POSCO Engineering & Construction to an unidentified Saudi Arabian fund.
PetroRabigh's founding shareholders have formally invited banks to provide financing for the 32 billion riyal ($8.5 billion) expansion of its petrochemicals complex in Saudi Arabia.
The Hong Kong government has raised $1 billion from its inaugural issuance of sukuk, attracting an order book of $4.7 billion for the five-year deal, the Hong Kong Monetary Authority has said.
Dubai's Emaar Properties will launch the IPO of its shopping malls and retailing unit on Sep. 14, and will list the subsidiary on Dubai's main stock market on Oct. 2.
|Wragge Lawrence Graham lands finance partner from V&E in DubaiNewly merged Wragge Lawrence Graham & Co has hired project finance partner Shane Wilson from Vinson & Elkins in Dubai. Full Article|
|Asia Appointments: K&E nabs 2 partners from Hogan LovellsAlso, OMM hires disputes partner from KWM in HK, Hogan Lovells adds corporate partner from K&E, Wilson Sonsini grows its capital markets and M&A team in Beijing, and much more in our weekly Asia appointments spotlight. Full Article|
|POSCO considers selling part of POSCO E&CSouth Korean steel maker POSCO is considering selling part of its stake in construction unit POSCO Engineering & Construction to an unidentified Saudi Arabian fund, a POSCO official said on Monday. Full Article|
|Dubai shortlists 8 firms for clean coal planDubai has shortlisted eight companies to build a 1200 megawatt (MW) clean coal power plant, UAE officials said on Sunday, part of a $20 billion investment that aims to help to diversify the Gulf Arab emirate's energy mix by 2030. Full Article|
|ICD buys $300 mln stake in Nigeria's Dangote CementSovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement, Nigeria's biggest company by market capitalisation, for $300 million, a Dangote spokesman said on Monday. Full Article|
|Saudi Aramco, Sumitomo Chemical invite banks to back JV plant expansionSaudi Arabia's PetroRabigh said on Wednesday its founding shareholders had formally invited banks to provide financing for the 32 billion riyal ($8.5 billion) expansion of its petrochemicals complex in the kingdom. Full Article|
|Underground plansSaudi Arabia has awarded $22.5 billion contracts to build the Riyadh metro system. Full Article|
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|Booming Gulf sukuk market brushes off Dana Gas debacleWhen United Arab Emirates-based natural gas producing company, Dana Gas, missed repaying a $920 million Islamic in November, it became the first UAE company to fail to redeem a bond on time. But the region's... Full Article|
|AEC Report: Potential, reality and the role for business 27 May 14 Vriens & Partners' crucial report - The ASEAN Economic Community - is now available. This detailed report can be purchased for just US$1,000 from the link at the top of this page. Click below for Table of Contents.|
|Islamic Finance Education: What Does It Entail? 03 Apr 14 When we talk about finance, we are really talking about the way the finance is managed at the individual, corporate or public levels. However, when we add the adjective Islamic to finance, it gives a completely different picture. Islamic finance...|
|ALB Employer of Choice 2013 17 Sep 13 Thousands of law firm employees across Asia, ranging from managing partners to support staff, were surveyed for two months and asked to rate their employers on the basis of job satisfaction, remuneration, work-life balance, career prospects, mentorship, job security and...|