2013.10

Etihad sets stage for $50 bln jet deals from Gulf

Etihad Airways is close to placing an order that could kick off a $50 billion jet-buying spree from the Gulf as the region’s carriers flex their muscles in an industry hit by weak margins and high fuel prices.


Zorlu Enerji bids to buy Osmangazi power distributor

Turkish energy company Zorlu Enerji said on Monday it had placed a bid to buy the Osmangazi power distribution network, which provides power to western Turkey.


Melbourne’s Aitken Partners on the move

Melbourne based Aitken Partners has announced its first office move in 37 years.


Asia Appts: Mayer Brown gets new IP/TMT head

Also, Drew welcomes back a senior India expert, and DFDL promotes a local partner in Myanmar, in our appointments spotlight.


Airtel buys out Qualcomm stake in India 4G broadband JV

Bharti Airtel Ltd, India’s top telecommunications carrier, said on Friday it had bought out Qualcomm Inc’s stake from a fourth-generation (4G) broadband joint venture in the country, taking full ownership of the business more than a year earlier than p…


EU members to enter negotiations with China

European Union governments agreed on Friday to start talks with China to remove restrictions on foreign investment and set clearer rules on doing business after months of trade disputes over Chinese solar panels and EU wine.


Zhuzhou CSR’s new shares issue to raise $294 mln

Chinese railway equipment maker Zhuzhou CSR Times Electric aims to raise $294 million by issuing new shares and will use the proceeds to buy raw materials and machinery, it said.


Eversheds nabs Wragge UAE projects head

Eversheds has hired Gurmeet Kaur, UAE projects head at Wragge & Co, and named her head of its own Middle East projects team based in Dubai.


Shearman partner rejoins as MidEast MP

Marwan Elaraby, a former capital markets partner at Shearman & Sterling’s New York office, has returned to the firm as its Middle East managing partner after a stint at a private equity fund.


Mayer Brown appoints new Asia IP, TMT head

Mayer Brown JSM has hired Gabriela Kennedy from Hogan Lovells to oversee the firm’s IP and TMT practice in Asia.


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