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Rise of Generative AI
Welcome to the latest edition of Law Update titled “Rise of Generative AI.”
In this edition, we dive into the dynamic world of Technology, Media, and Telecommunications (TMT) across the Middle East and North Africa (MENA) region. TMT continues to play a vital role in positioning the region as an international business and social hub, driving significant growth and innovation.
Our focus in this Law Update is on the sector’s ongoing potential to advance and propel the region toward a more digital economy. We explore the benefits of embracing a digital transformation and how local authorities have responded by enhancing regulations to accommodate the evolving TMT landscape.
This edition covers a range of topics, including – the new Telecommunications & Information Technology Law in Saudi Arabia, the intricacies of trademarks in the Metaverse, and the legal challenges faced by the video game industry. Additionally, we take a regional perspective, discussing jurisdictions such as Kuwait, Saudi Arabia, UAE, Oman, and Bahrain to provide a comprehensive understanding of the TMT landscape.
We hope you thoroughly enjoy this packed issue of Law Update, filled with captivating articles that address key legal issues within a vital sector for the region.
Read the full edition
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Hesham Al Homoud
Partner, Head of Corporate Structuring - Saudi Arabia
Biography
Hesham Al Homoud is a Partner and Head of Corporate Structuring at the KSA office of Al Tamimi & Company. Hesham is a Saudi National, licensed, bilingual lawyer with more than 15 years experience in the Saudi Arabian legal market.
Hesham has developed extensive commercial and corporate experience, with emphasis on mergers & acquisitions, joint ventures and equity and debt private placement as well as advising in relation to Shari’ah Law.
He also has extensive experience in dispute resolution and has a diversified practice in advising and representing local and international clients before the Saudi courts and other KSA and international judicial bodies.
Prior to joining Al Tamimi & Company, Hesham was general legal counsel for a joint stock company where he has developed extensive experience and expertise in the area of general corporate legal work, corporate finance and dispute resolution.
Hesham also worked as an associate with White & Case in its Riyadh office where he developed his corporate practice and was involved in a wide range of corporate/commercial transactions including the conversion of limited liability companies to joint stock companies, IPOs, mergers & acquisitions, joint ventures, formation of investment vehicles involving local and foreign investors and capital markets transactions.
Recent Experience
- Acting as an expert witness on Shari’ah and Saudi law in two major international arbitration cases.
- Advising a Saudi family business organization in the restructuring of their group valued at in excess of USD$ 10B;
- Advising and assisting an international gas company in their incorporation in KSA;
- Advising and assisting an international beverage company in their acquisition of a 50% stake in a Saudi beverages company.
- Advising on the worldwide sale and restructure of the infrastructure division of a US listed entity in regard to its Saudi Arabian interests.
Language(s)
- Arabic
- English
Education
2010 – Diploma in International Business Organizations, The College of Law
2009 – Diploma in International Arbitrational Law, The College of Law
2008 – Diploma in International Capital Markets & Loans, The College of Law
2006 – Diploma in International Mergers & Acquisitions, The College of Law
2006 – Diploma in International Joint Ventures, The College of Law
2004 – Masters of Laws in International Commercial Law (Merit), University of Kent
2000 – Bachelor of Law, King Saud University
Admission
1996 – Member of International Bar Association
Licensed by the Ministry of Justice as a Lawyer in KSA
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