Family Business

Sustainable Horizons: The Saudi Arabian Vision

We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.

For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.

There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.

Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.

Read the full edition

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Family Business

Doing business with family can get tricky. We understand that better than anyone else. Which is why our specialist Family Business practice is the market leader in the Middle East and North Africa (MENA). We build legal structures and put in place binding agreements which defend family assets from both external and internal risks; and we formulate and record agreements which pave the way for seamless succession and sound stewardship for families in business.

Our team can:

Structure businesses and investments to reduce and manage legal risks and exposures
Create bespoke structures to insulate families against business disruption at times of transition
Develop family agreements and trust deeds which permit clear and structured transitions to future stewardship
Create frameworks for resolving issues and differences, without damaging the fabric of family life
Formulate clear pathways to succession and stewardship under both Sharia and common law inheritance rules.
Prepare wills for non-Muslims made under the jurisdiction of the Dubai International Financial Centre; and also prepare wills for expatriate nationals effective under regional legal systems.