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
The generation, supply and consumption of energy is a key issue and challenge of the world. Climate change, new technologies and a growing population all contribute to the complexity of the Energy and Utilities sectors. It is no different in the Middle East and North Africa (MENA) region – a primary source of the globe’s fossil fuels that has also historically relied on traditional energy means. In a changing world, the MENA region is changing rapidly too – leading the way on solar development, energy transition and installation. Our international and local clients rely on us having a deep understanding of the changes (structural and legal) to aid them in getting the deal through.
Through our experience in acting on many of the largest and complicated energy and utilities transactions and pan-regional expertise, we are able to advise on the full life of a project; from inception, financial close, construction and operation. We have advised developers, sponsors, contractors, financiers and governments and lead the implementation of novel legal solutions that have become the market norm.