The regional real estate, construction and hospitality sectors have been turned upside down over the last two years, with Covid-19 bringing these sectors to a halt. The impact of the pandemic remains, however, the resurrection of these vital sectors across the region is a welcome relief because they support the development of modern cities, which in turn have attracted commerce and tourism to the Middle East and North Africa.
This latest edition of Law Update, provides vital insights, updates and commentary on the latest trends taking shape across the real estate, construction, hotels and leisure sectors. The articles within this edition cover a broad range of topics, from what’s next for real estate in Dubai, to commentary on Saudi real estate, a market that is set to become the main bedrock of the region for years ahead. You will find articles on reforming real estate laws in Qatar, foreign investment and ownership in Oman, and mitigating risks on hotel construction projects and the lessons learnt from Covid.Read the full report
Al Tamimi & Company was the first law firm to establish a dedicated international tax practice focused on the Middle East and North Africa. We have established ourselves as a leading tax practice in the MENA region having been ranked in Band 1 of Chambers Global 2020 and awarded Middle East Tax Firm of the Year by International Tax Review in 2020.
Our Tax Practice provides and coordinates cross border tax advice to leading multinational corporations, banks, financial institutions, governments, sovereign wealth funds, private equity groups, investment funds, real estate investment houses, family offices, joint ventures and other local, regional and international organisations.
We advise clients across a wide range of industries including financial services, real estate, investment management, oil & gas, construction, infrastructure, telecommunications, media & entertainment, aerospace and defence, technology, healthcare, consumer goods and energy & utilities.
We have a full service international tax practice and advise on all areas of tax including M&A (tax structuring, due diligence and SPA support), corporate tax, zakat, VAT, withholding tax, customs duties and transfer pricing. We also shape tax policy and assist governments in developing and drafting tax legislation. Our tax expertise combined with our litigation experience means that we have unique and unrivalled tax litigation capability.
We advise large multinationals on structuring their investments and operations in the Middle East and leading regional businesses, investment companies, sovereign wealth funds, family offices, real estate funds on their international investments.