The Middle East continues to provide a rich source of growth in the technology space.
The need for better infrastructure, and a general desire to move towards knowledge-based economies, is resulting in increased public sector investment in technology. Private and public sector clients are seeking to modernize their existing systems, including by adopting world-leading technological solutions. International technology players continue to see the huge potential for business across the Middle East.
Our TMT team services a client base that includes technology vendors, as well as a diverse range of private and public sector technology purchasers. Many of these clients are in the financial services sector, including banks, insurance companies and payment solution providers. Other clients can be broadly categorized as operating in the e-commerce space, ranging from modest on-line marketplace start-ups through to developers of significant 'game changing' technologies looking to expand into the region. Clients in the healthcare, education and hospitality sectors also feature, as do clients in general industrial manufacturing industries.
The team also works with a range of government sector entities on a broad variety of technology-related matters, including e-payment platforms, transport infrastructure solutions and data protection and information security related matters. Additionally, the team regularly provides specialist support to other teams within the firm, either in response to ad hoc queries or as an integral part of project teams working on significant commercial transactions.
The team's advice is practical and informed by its familiarity with the sectors in which our clients operate, the legal and regulatory environments of more sophisticated jurisdictions, and our deep knowledge of local law and practice.