The Europe, Middle East and Asia (EMEA) offices of Norton Rose Fulbright (NRF) are offering lawyers the chance to reduce their working week by 20 percent in return for an up to 20 percent cut in base pay.
Baker & McKenzie has advised private banking and asset management group LGT in its acquisition of ABN Amro’s private banking operations in Asia and the Middle East. Clifford Chance advised the seller.
The Europe and Middle East offices of King & Wood Mallesons (KWM) may have to split from the firm after partners in those offices rejected a proposed recapitalisation programme, according to media reports.
A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East.
SODIC, Egypt's third-largest listed property group, plans about 2.3 billion Egyptian pounds ($301.64 million) in new investments in 2015, it said in a statement on Monday.
Mergers and acquisitions with Middle Eastern involvement last quarter hit their highest level since early 2008, boosted by outbound investment by wealthy Gulf funds and companies, according to a Thomson Reuters study.
Songbird Estates shareholder Madison International Realty plans to accept Qatar Investment Authority's (QIA) offer for the British property company, the sovereign wealth fund behind the hostile move said.
Abu Dhabi-listed investment firm Waha Capital has secured regulatory approval to buy back up to 10 percent of its outstanding shares, the company said in a bourse filing on Tuesday without disclosing the price it would offer.
Saudi Arabia's biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years.Saudi's NCB pledges conversion to Islamic bank after pressure from scholars