The UAE section of Baker & McKenzie is considering the possibility of expanding into the Dubai International Financial Centre (DIFC). Just recently, the company merged with Abu Dhabi and Dubai-based Habib Al Mulla & Co which gave it a much larger presence in the UAE, most notably through its newly-opened Dubai office. The firm –…
BNRG Joins IDA’s Green IFSC Initiative
BNRG was founded in Dublin in 2001 by Neil Holman and David Maguire. Headquartered in Dublin’s International Financial Services Center, it is now a major part of the IDA’s Green IFSC Initiative. They are focused on developing a solar park and are investing in the IDA Green Initiative along with London-based Lightsource Renewable Energy. As…
Fight Over Gibraltar Heats Up
“Hands off our Rock, that’s what I say.” These are recent words from London mayor Boris Johnson, as published in Monday’s Daily Telegraph. He issued a stern warning to Spain over Gibraltar after Madrid said that they would be taking “all necessary measures” to defend their interests in Gibraltar. Mayor Johnson increased border checks and…
Eastern European News
Lithuania Propels into Fintech
Lithuania is fast gaining a reputation for being the most accelerated Fintech hub in all of Europe. It features year-on-year 40% growth in the area as well as a burgeoning talent base and quite unique regulatory route. This has rendered it Europe’s largest e-money license issuer. As such, large names are flocking to the area…
Business in Europe: Best Countries Report
Yesterday the European Chamber (EUCHAM) put out a report of “rank[ing] and analyz[ing] all 46 European countries according to their economic environment.” In brief, it was found that the list toppers were those from the Nordic regions (Denmark, Finland, Norway and Sweden). Next on the list was the UK. While in general the FSU countries…
