THE DIFC Courts, the UAE’s English-language common law judicial system based in the Dubai International Financial Centre (DIFC), have been strongly represented at the recent ‘GCC in the City’, a financial forum in London. The...
INTERNATIONAL law firm, Hogan Lovells has recently acted as counsel to Emirates NBD Bank PJSC, Noor Islamic Bank PJSC and Standard Chartered Bank as arrangers on a US$ 75,000,000 and AED 91, 825,000 Istisna financing facility....
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...
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,...
