“The language of the press is almost the language of war… I’m not saying it’s a non-story; I’m not suggesting that. I’m just saying, I think all this will be doing is reflecting a sizeable market awakening to some extent, or at least creating the ability for companies to invest capital, human and otherwise. I don’t understand the words of threat in reference to other regional centres… I would have thought this is fantastic news for all parts of the region.” 

–Sachin Kerur, head of the Middle East region for Reed Smith in Dubai, commenting on Saudi Arabia’s plan to expand the number of corporations with ‘regional headquarters’ in the kingdom.  [Law.com]