Middle East & International News

Middle East & International News

UNITED ARAB EMIRATES

INTERNATIONAL legal practice Norton Rose Group has advised Absa Bank, a subsidiary of Barclays Bank on one of its biggest deals, in securing Edcon’s store card book worth ZAR10 billion.   Edcon is the leading clothing,...

SAUDI ARABIA – The Kingdom warns employers

THE Ministry of Labour has stated it is a violation of the Kingdom’s labour regulations to insist a woman should be unmarried to be eligible for employment. There have been reports of women being dismissed because...

UK – Stobart enters legal market

MEMBERS of the public and businesses are now able to link to a barrister without requiring the service of a solicitor, thanks to the new service recently launched by logistics business, Stobart Group– home of the...

QATAR – Hogan Lovells advises Qatar’s QInvest

HOGAN Lovells advised longstanding client QInvest on the acquisition by way of joint venture of a 60 per cent stake in the investment banking, asset management and brokerage business of EFG Hermes. This is one of the...

SAUDI ARABIA – Saudi’s smoking ban

  SAUDI Arabia is taking firm steps to try and stamp out underage smoking. The Kingdom has launched a ban on the sale of tobacco to teenagers.   The new law, which recently came into effect,...

SAUDI ARABIA – Chadbourne’s powerful project

  CHADBOURNE & Parke represented the winning consortium, comprising ACWA Power International, Samsung C+T Corporation and MENA Infrastructure Fund, in relation to the development and US$2 billion debt financing of the Qurayyah independent power project in...

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