Baker & McKenzie and its Saudi Arabian association Legal Advisors, Abdulaziz I Al-Ajlan & Partners, are set to open a second office in Saudi Arabia with a launch in the country’s commercial centre Jeddah.
Continue reading “Baker & McKenzie ups its bet on Saudi Arabia with second office”
MARKET VIEW – LITIGATION
Mehmet Gün, senior partner at Gün + Partners, examines the difficulties facing the Turkish judiciary and how essential a first-class justice system is to Turkey’s progress
In the 1980s, Turkey undertook significant liberalisation of its national economy. Since then, liberalisation has increasingly become a pivotal part of the international economy. Between the 1980s and 2000, Turkey learnt some very important lessons in the form of economic crises and was saved by International Monetary Fund programmes.
Continue reading “A better Judiciary to realise Turkey’s potential”
LB 100 firm Watson Farley & Williams has launched its first office in the Middle East with asset finance partner partner Andrew Baird leading the way to establish a base in Dubai.
The legacy Squire Sanders practice in the Middle East, a team of 23 lawyers that included five partners, has exited Squire Patton Boggs following the firm’s merger, leaving it with Patton Boggs’ legacy affiliate The Khalid Al-Thebity Law Firm.
Continue reading “Post-merger fallout: Squire Patton Boggs loses 23-strong team in the Middle East”
Top 20 UK firm Simmons & Simmons is set to expand in Saudi Arabia through the opening of a new office in the country’s capital, Riyadh, by alliance firm Hammad & Al-Mehdar.
Continue reading “Simmons & Simmons expands in Saudi Arabia”
Clyde & Co has launched two offices in South Africa with the hire of a four-partner team from Linklaters’ local ally, Webber Wentzel.
The new offices will be based in Cape Town and Johannesburg, headed by Daniel Le Roux, who currently heads Webber Wentzel’s insurance and legal liability practice.
Continue reading “Clyde & Co to launch in South Africa with Webber Wentzel hires”
Clyde & Co has launched two offices in South Africa with the hire of a five-lawyer, four-partner team from Linklaters’ local ally, Webber Wentzel. Continue reading “Clyde & Co to launch in South Africa with hire of five-lawyer team from Linklaters’ ally Webber Wentzel”
‘You can’t be a credible financial centre without having a credible Islamic finance programme,’ says Qudeer Latif, head of Clifford Chance’s global Islamic practice. With studies expecting the Muslim population to grow twice as fast as the non-Muslim demographic over the next 20 years global financial institutions and governments are falling over themselves to offer Islamic finance products.
According to EY’s latest study of the global Islamic finance market, the total amount of Islamic assets held by commercial banks was expected to have grown by around 40% from 2011 to 2013, from $1.3trn to $1.8trn. 78% of international Islamic assets are held in Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey. In Qatar, for example, Georges Racine, director of Swiss firm Lalive’s Doha operation, says that Islamic banking has grown quicker than the banking sector as a whole over the past few years as a result of its government’s supportive measures.
Continue reading “Behind the veil – Can Islamic finance live up to the sales pitch?”
Barry Levenfeld is a regular visitor to Silicon Valley. The technology and life sciences specialist at Israeli firm Yigal Arnon & Co has to fly from Tel Aviv to San Francisco, via New Jersey or Los Angeles. Currently the journey takes around 20 hours.
However, he hopes that an online petition to establish a direct flight between Tel Aviv and San Francisco will lead to a more civilised journey. The proposed 14.5-hour flight will usher Israeli high-flyers straight into the growth company and venture capital centre of the world.
Continue reading “Scale-up nation – chasing Israel’s high growth clients”
Eversheds has made good on its African expansion strategy by signing a partnership agreement with existing relationship firm CWA Morocco, establishing new offices in Casablanca and Tangier. Continue reading “Eversheds pursues Africa expansion with Morocco partnership”
