Saudi Arabia has given the go-ahead to stricter rules on company ownership regulation in a bid to increase transparency over who is in charge of firms in the Kingdom.
Gaming sector brought into UAE’s rigorous new AML laws
Commercial games and gaming operators will now be required to align with stringent new anti-money laundering laws being brought into effect in the United Arab Emirates.
BHP-GIP power deal sparks WA’s energy transition
On 9 December, BHP announced its entry into a binding agreement with BlackRock-owned, Global Infrastructure Partners (GIP), in relation to BHP’s share of Western Australia Iron Ore’s (WAIO) inland power network.
How North Koreans use ‘laptop farms’ in US to land tech jobs abroad
US tech giant Amazon said it has blocked over 1,800 North Koreans from joining the company, as Pyongyang sends large numbers of IT workers overseas to earn and launder funds.
In a post on LinkedIn, Amazon’s Chief Security Officer Stephen Schmidt said last week that North Korean workers “have been attempting to secure remote IT jobs with companies worldwide, particularly in the US”.
He said the firm had seen nearly a one-third rise in applications by North Koreans in the past year.
The North…
China’s steel export licensing plan shows will to curb trade frictions
China recently announced it would impose an export licensing regime on around 300 steel products starting January 1. The move, while seemingly technical, sends a clear signal Beijing is attempting to address a key source of trade friction with its emerging market partners.
To understand the policy’s intent, it needs to be placed in the broader context of China’s trade position this year.
As global trade protectionism intensifies, China’s exports have shown remarkable resilience. Even as…
Why 2026 may bring better days for the UK construction industry
There are indications that the UK construction sector could grow in 2026, notwithstanding the challenges that the industry faces, in what the industry will hope signals better days ahead.
HKIAC makes competitive updates to fees and expedited procedures
The Hong Kong International Arbitration Centre (HKIAC) has significantly expanded the scope of its expedited procedures schedule to meet client demands for greater control and efficiency, as well as slightly increased its fee schedule in an effort to keep costs low, an expert has said.
Liability, mitigation and communication: the big lessons for UK construction from 2025’s court rulings
2025 was a particularly notable one in terms of impactful court judgments, which will have a significant effect on the construction sector into next year and beyond.
‘Pax Silica’: America’s new AI inner circle and Asia’s chosen few
When Washington unveiled its “Pax Silica” initiative earlier this month, the absence of countries like India and Vietnam spoke almost as loudly as the presence of Japan, South Korea and Singapore. The message? America’s new vision for the AI supply chain will begin with only its most trusted hands.
The Pax Silica Declaration, signed at a summit held in the United States on December 12-13, brought together a carefully chosen group as founding signatories. Alongside the host nation and its East…
Cambodia: Thai border clashes displace half a million ahead of peace talks
More than half a million people in Cambodia have been displaced by two weeks of deadly border clashes with Thailand, Phnom Penh said on Sunday, ahead of regional talks aimed at easing tensions.
The renewed fighting between the Southeast Asian neighbours this month, including with tanks, drones and artillery, has killed at least 22 people in Thailand and 19 in Cambodia, officials said.
The conflict stems from a territorial dispute over the colonial-era demarcation of their 800 kilometre (500…