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  • Eversheds has appointed Amjad Hussain as partner to its finance group in Qatar. Hussain also joins Eversheds' newly created Islamic finance group.
  • McDermott Will & Emery has appointed Kate Lamburn as partner to its London securitization and structured finance group.
  • Debevoise & Plimpton has appointed Anthony McWhirter as partner to its investment management practice in London.
  • White & Case has hired US capital markets partner James Black. Black joins the firm's Frankfurt office from Linklaters where he worked for three years as an associate on both domestic and international equity and debt transactions, as well as mergers and acquisitions, advising both German and international clients.
  • In deal set to produce a substantial debt issue, Skadden Arps and Latham & Watkins are acting on Transocean and GlobalSantaFe's mega merger.
  • The privatization of Sahara Bank by the Libyan Central Bank has resulted in the debut share block sale on the Tripoli Stock Exchange
  • Private equity firm Kohlberg Kravis Roberts (KKR) took a stance against current trends in the debt market this week, refusing to renegotiate its highly favourable loan terms with Wall Street.
  • In the first all-domestic Kuwaiti project, a consortium has closed the financing for a $2 billion chemical plant.
  • In a regulatory quirk, it turns out revenue from China Development Bank's (CDB) Rmb5 billion ($660 million) bond (the first renminbi-denominated bond issue in Hong Kong) actually went straight back to China.
  • Despite its recent growth, Dubai's potential is handicapped by the strata and complication of its laws.