Breaking News

Saudi Arabian Airlines fined $1.6 million for breaking EU aviation law
Saudi Arabian Airlines has been fined some 1.4 million euros ($1.6 million) by a regional Belgian government for breaching EU carbon emissions rules, making it the first big non-EU carrier to be fined for breaking the EU aviation law. Full Article
Gulf banks increase lending footprints in Asia, Africa
An $85 million loan taken out by a Ugandan bank this year points to an emerging trend in international capital markets: the rise of the Gulf as a syndicated loan market for Africa and Asia. Full Article
POSCO close to selling construction unit stake to Saudi fund
POSCO is set to sell a stake of at least 30 percent in unlisted POSCO Engineering & Construction Co Ltd for around 1 trillion won ($920 million) to Saudi Arabia's Public Investment Fund, a South Korean newspaper reported. Full Article
Public pressure grows on Gulf sovereign funds with cheap oil
Running sovereign wealth funds in the Gulf has become an awkward business in the era of cheap oil, as their managers face growing pressure from politicians and the public to prove they're investing national reserves wisely. Full Article
ICBC Middle East plans benchmark dollar bond issue
Industrial and Commercial Bank of China, the country's largest bank by assets, plans to issue a U.S. dollar-denominated benchmark bond through its branch in the Dubai International Financial Centre, sources aware of the matter said. Full Article
Gateley to be first British law firm to list in London
Gateley is set to be the first British law firm to list in London after it announced its stock market flotation on Tuesday in a move that will give it access to funds for expansion. Full Article

Features

The search for consistency
Islamic finance today is booming, but could its progress be held back by inconsistencies in interpretations across jurisdictions, asks Raghavendra Verma Full Article
The boom is back
The United Arab Emirates has bounced back from the financial crisis of 2009-2010, when it came perilously close to sovereign default. Infrastructure construction has returned to full swing, while M&A deals abound, which means more... Full Article
Underground plans
Saudi Arabia has awarded $22.5 billion contracts to build the Riyadh metro system. Full Article
Drawing a line
India set to halt Iran oil imports over insurance Full Article

Special Reports

AEC Report: Potential, reality and the role for business
By Vriens & Partners | 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.
Buy Now
ALB Employer of Choice 2013
By ALB | 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...
Download
ALB M&A Rankings 2013
By ALB | 17 Sep 13
We rank the region’s best law firms for M&A work on volume, complexity and size of work, the firm’s visibility and profile in the marketplace, presence in Asia and key existing clients and new client Wins. These are the firms...
Download