Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.Read the edition
Fady is an experienced Tax and Corporate lawyer. Prior to joining Al Tamimi & Company, he spent seven years working at the Ministry of Finance in Lebanon. Fady moved to the UAE in 2008 and gained vast experience in International, GCC and UAE laws and regulations.
Fady’s main practice areas are taxation, corporate & commercial law, companies governance, structuring and restructuring and he specialises in the hospitality and F&B sectors.
His practice covers both the public and private sectors and includes the constitution of various investment structures, as well as drafting and negotiating relevant contracts, by-laws and articles of association, due diligence, shareholder agreements and minutes of General Assemblies and Board of Directors. Fady also drafts legal opinions and has been involved in various negotiations of settlements regarding taxation issues, offering clients an integrated tax strategy plan for their various businesses, properties, real estate investments and corporate structures.
Fady has worked as a collaborator with the United Nations Development Program (UNDP), the World Bank and the International Finance Corporation (IFC), in carrying out significant legal investigations and researches for drafting the “Doing Business” annual reports.
2006 – Bachelor of Laws, Lebanese University
2004 – Corporate and Tax Law, Financial Institute Beirut
2008 – Beirut Bar Association