Pinsent Masons ties up with Saudi law firm in regional push

Vision 2030
Updated 17 December 2017
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Pinsent Masons ties up with Saudi law firm in regional push

LONDON: Pinsent Masons has tied up with Saudi Arabian law firm Alsabhan & Alajaji (SJ) to boost its presence in the Kingdom.
Founded in 2003, Riyadh-based SJ is led by head of litigation, Naif Al-Sabhan, and head of transactional services, Ibrahim Al-Ajaji.
“Saudi Arabia is the largest construction, energy and related technology market in the GCC. When you consider Vision 2030 and other projects and initiatives that are being planned or implemented in the Kingdom, it will be very apparent why this association is a key strategic development for us,” said Sachin Kerur, who leads Pinsent Masons in the Middle East.
A massive economic transformation program is encouraging regional legal firms to target Saudi Arabia advising on major new infrastructure work, privatizations and mergers and acquisitions.


Etihad tells pilots they can join rival Emirates on secondment

Updated 18 min 5 sec ago
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Etihad tells pilots they can join rival Emirates on secondment

  • Etihad Airways has told its pilots they can join rival Emirates on a temporary basis for two years
  • The agreement is also likely to help Emirates, where a pilot shortage forced it to cancel some flights this summer

DUBAI: Etihad Airways has told its pilots they can join rival Emirates on a temporary basis for two years, according to an internal Etihad email seen by Reuters, as the downsizing of the Abu Dhabi carrier’s operations helps fill a pilot shortage for Dubai’s Emirates.
Etihad, which last week reported a $1.5 billion annual loss, has been overhauling its business since 2016, replacing its top executive, dropping unprofitable routes and shrinking its fleet.
The agreement is also likely to help Emirates, where a pilot shortage forced it to cancel some flights this summer. Management had said the shortage was a short-term issue.
In the email, Etihad said pilots who join Emirates on a two-year secondment would be placed on a leave of absence, retain seniority at Etihad, and receive their salary and full benefits from the Dubai airline.
Pilots were asked in the email to register a non-binding expression of interest and told that Emirates’ recruitment team would meet with pilots at Etihad’s offices.
Two sources separately told Reuters that Etihad had emailed staff announcing the agreement with Emirates.
An Etihad spokesman told Reuters secondment programs were common practice among airlines, enabling the effective management of pilot resources.
“This is something Etihad Airways has done for several years with partner airlines around the world,” the spokesman said.
An Emirates spokeswoman told Reuters the airline was “working with Etihad on a secondment program for some of their pilots.”
It was not immediately clear how many pilots would be offered temporary employment at Emirates and the email stated that any pilots applying for the secondment would need to complete Emirates’ training program.
Etihad employs 2,200 pilots, according to the airline spokesman. Reuters reported in January that Etihad had offered up to 18 months unpaid leave to pilots.
Emirates and Etihad have been exploring closer ties and signed a security pact in January, the first agreement between the United Arab Emirates (UAE) based airlines. Emirates has since said that a closer relationship was not about a merger.
Emirates and Etihad, backed by their state owners, have competed developing global networks from their respective hubs in Dubai and Abu Dhabi that are just 128 kilometers apart.
Emirates is owned by the government of Dubai, and Etihad is owned by the government of Abu Dhabi.