SENIOR local lawyers have warned businesses against trading with Iran – or face falling foul of tough new EU sanctions. Patrick Murphy, a senior associate at Clyde & Co in the UAE said: “Reputational and regulatory...
THE six Gulf countries have announced the launch of a formal body to strengthen cross-border trade, following the creation of a Customs Union in 2003, UAE official news agency WAM reported. The GCC Customs Union...
THE Qatar office of Eversheds has donated everyday essential items for construction workers across Qatar as part of a ‘Box Appeal’ campaign, launched by Msheireb Properties and Qatar Charity. The donation is part of...
STEPHENSON Harwood is preparing the ground to launch an office in Dubai as part of its continuing international strategy. The firm has hired finance partner Umar Moghul from US litigation firm Murtha Cullina, while...
INTERNATIONAL legal practice Norton Rose Group advised Majid Al Futtaim Group on updating its US$2 billion Global Medium Term Note Programme and its US$1 billion Trust Certificate Issuance Programme (the Sukuk Programme). The GMTN Programme was...
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 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,...
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...
IT is getting tougher for smokers in the UAE too, with Ajman announcing a ban on cigarettes and sheesha in public parks. Ajman Municipality issued an order banning smoking of any tobacco product in public...
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, has recently ordered the legislation of a federal child protection law aiming to ensure the safety of children in...
