2014.2
DCWA expands India practice to cover South Asia
Chinese powerhouse Dacheng Law Offices’ Singapore joint venture has expanded its Indian desk to cover Bangladesh, Nepal, Pakistan and Sri Lanka as well.
Bakers opens Yangon office
Baker & McKenzie has opened an office in Yangon, Myanmar. This is the firm’s 16th in the Asia-Pacific region, and the sixth office opening in the past two years.
RHT announces Vietnam JV
Singapore law firm RHTLaw Taylor Wessing has entered into a joint venture with Vietnamese outfit PBC Partners, a 22-lawyer firm that has offices Ho Chi Minh City and Hanoi. The joint venture will be called PBC Partners & RHTLaw.
Weil, MoFo, Stamford and A&G guild China investment into GLP
Global Logistic Properties Ltd (GLP) on Tuesday announced a group of Chinese state-owned enterprises and financial institutions will invest up to $2.5 billion in the company. Law firms Weil Gotshal & Manges, Morrison & Foerster, Stamford Law an…
General Dynamics Canada wins Saudi deal worth $13 bln
U.S. weapons maker General Dynamics Corp has won a contract worth up to $13 billion for its Canadian division to build light-armoured vehicles for Saudi Arabia, in what Ottawa said was the largest advanced manufacturing export win in Canadian history.
Oman may ‘sell assets, borrow abroad if oil prices drop’
Oman may have to start selling foreign assets or borrow on international markets in coming years if government spending rises during a period of lower oil prices and economic growth, a report in a magazine published by its central bank said.
Doha Insurance gets shareholder nod for $120 mln rights issue
Qatar’s Doha Insurance said on Tuesday it had received shareholder approval for a capital increase worth 436.7 million riyals ($119.9 million) aimed at strengthening its ability to work at home and abroad.
Qatar stock exchange to list Mesaieed Petrochemical on Feb. 26
Qatar’s stock exchange will list Mesaieed Petrochemical Holding Co, a unit of state-owned Qatar Petroleum, on Feb. 26, it said on Tuesday, opening up trading in the shares to foreigners.
Citigroup arbitration win over Abu Dhabi fund upheld
A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority’s effort to void Citigroup Inc’s arbitration win in a dispute over a $7.5 billion investment in the bank less than a year before the 2008 financial crisis.
Court upholds Citigroup arb win over Abu Dhabi fund
A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority’s effort to void Citigroup Inc’s arbitration win in a dispute over a $7.5 billion investment in the bank less than a year before the 2008 financial crisis.