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
Prior to joining Al Tamimi & Company as the Head of the Corporate/Commercial department of its Casablanca office in 2022, Richard acted as the Senior Partner of Roudane & Partners Law Firm since 2008, after his formal training and working as an associate for a French international law firm for five years.
Richard specializes in the corporate structuring of investment projects in Morocco, where he is based. He is an expert on Moroccan corporate and commercial law and has set up over 100 companies. He advises parent company representatives and local executives in connection with all aspects of their business activity in Morocco, including compliance with over 20 new laws and regulations put in place over the last 20 years in relation to the administration and management of companies, commercial leases and the protection of personal data.
He has been directly involved in the negotiation of investment agreements with the Moroccan government in relation to projects totaling over €1 billion in the Hospitality Sector and the Oil & Gas industry, as well as their financing through local banks or institutional and private investors. He has also audited various properties and companies in connection with various M&A transactions.
He has also drafted and negotiated, on behalf of business owners, hundreds of leases and management, franchise, licence and other commercial agreements with top-tier international brands and operators.
Professional memberships, publications and speaking engagements
Richard is a member of the Quebec Bar.
He has been a frequent expert contributor to the research work of the World Bank Group and World Justice Foundation and is a member of the TrustLaw Group of the Thomson Reuters Foundation.
2002- Bar Exams (Quebec Bar School)
2002- LL.M. in Law (Laval University)
2000- LL.B. in Law (McGill/Laval University)