Morgan, Lewis & Bockius has hired disputes and regulatory specialist Rebecca Kelly as a partner at its Dubai office from Clyde & Co.
Switzerland-headquartered law firm Bonnard Lawson has officially opened its Dubai branch after receiving its licence from the Dubai Government Legal Affairs Department.
Morgan, Lewis & Bockius will take on most of the partners from Boston law firm Bingham McCutchen after months of negotiations.
Indian law firm Kochhar & Co. has opened an independent office in Dubai, six months after procuring a licence to practise local law in the UAE.
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will be revising four of its standards in the first half of next year, while expanding its guidance for...
|UAE's Abraaj sells 21 pct stake in Integrated Diagnostics HoldingsPrivate equity firm Abraaj Group said on Tuesday it had sold a 21 percent stake in Integrated Diagnostics Holdings (IDH), a healthcare diagnostics service provider, to emerging markets private equity firm Actis. Full Article|
|Saudi Arabia builds start-up culture with state oil moneyAbdulaziz al-Jouf is in many ways a typical Web entrepreneur -- the 34-year-old Saudi talks fast, works late and has big plans for his online payments system. Full Article|
|Kuwait says working to improve stock exchange conditionsKuwaiti authorities are working to improve conditions in the stock market, Finance Minister Anas al-Saleh said on Sunday as the market's main index fell steeply, bringing its year-to-date losses to 17 percent. Full Article|
|Italian court lifts block on Emirates' key Milan-New York routeItaly's top administrative court has given Emirates permission to continue operating direct flights between Milan Malpensa airport and New York, rejecting a request by rival airlines to stop the flights. Full Article|
|Dubai, Bahrain bourses to simplify share transferStock exchanges of Dubai and Bahrain will introduce a new, simplified way of transferring shares between the two bourses next year, Dubai Financial Market (DFM), the operator of the emirate's main exchange, said on Wednesday. Full Article|
|UAE's Dana Gas says Kurdistan failed to pay $100 mlnDana Gas, one of the largest investors in Iraq's Kurdistan, said on Monday the semi-autonomous region had failed to pay $100 million as instructed by a London arbitration court, prompting Dana to ask the court to enforce the order. Full Article|
|Underground plansSaudi Arabia has awarded $22.5 billion contracts to build the Riyadh metro system. Full Article|
|Drawing a lineIndia set to halt Iran oil imports over insurance Full Article|
|MP Interview: Husam Hourani, Al Tamimi & CoAl Tamimi & Co Managing Partner Husam Hourani talks to Ranajit Dam about the highlights of his career, the challenges of running a regional firm, and how Al Tamimi & Co can hold on to... Full Article|
|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...|