China and India: Dominant Exporters to UAE

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Posted on July 22, 2010 at 4:07 PM



China and India have become the leading suppliers of goods to the United Arab Emirates. India exported a record 61.5 billion dirhams (about 16.7 billion dollars) worth of goods to the UAE in 2009 while China exported 47.8 billion dirhams (about 13 billion dollars) to UAE last year, totaling 109.3 billion dirhams. Import...

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Dubai World to Spur Change in Restructuring Law

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Posted on December 11, 2009 at 8:12 PM



The UAE has no Chapter 11-style system and there have been calls for reform to the existing insolvency laws. Some lawyers in the region feel that Dubai World’s restructuring could lead to the much anticipated developments in the insolvency laws. “Particularly given the magnitude of the amounts at stake, the restructuri...

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Partner Moves & Promotions - 4/02/09

by: Aleena Khan

Posted on April 2, 2009 at 6:04 PM



Norton Rose has brought in Donald Francoeur as a senior counsel for its banking and finance practice in Riyadh. Francoeur was formerly at the Qatar firm Gebran Majdalany. He also has previously worked in Canadian firm Fraser Milner Casgrain as well as Stikeman Elliot’s office in Montreal. Norton Rose wants to take advan...

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Deal Watch - 2/24/2009

by: Matt March

Posted on February 24, 2009 at 10:02 PM



•    Fried,Frank, Harris, Shriver & Jacobson LLP acted as US counsel to Rio Tinto plc in connection with the announced US $19.5 billion cash investment in the company made by Aluminum Corp of China.  Lead partners on the deal were Robert Cassanos, Stuart Gelfond and Lee Parks from the firm’s New York office and Rich...

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Office Openings 2/2/09

by: Aleena Khan

Posted on February 2, 2009 at 9:02 PM



Grandall Legal Group has opened its tenth office in Ningbo, China. With this opening, Grandall has three offices in the Yangtze River Delta region. The Ningbo office will differentiate itself from the other two offices in Shanghai and Hangzhou by focusing on shipping and property insurance, and general corporate and int...

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