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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Yazan Al Saoudi - Partner, Transport & Insurance - Insurance
Omar N. Omar - Partner, Head of Transport & Insurance - Insurance
We meet again for another exciting edition of Law Update which focusses on Al Tamimi’s Transport & Insurance Practice. As always, it is never a dull year for transport. We find ourselves in cautiously optimistic times, with light appearing at the end of what has been a long tunnel for some. In this edition we aim to keep things as colourful as possible, touching on a variety of topical subjects. On the shipping front, we consider the relationship between vessel arrests and arbitration proceedings, we look at concerns surrounding the confiscation of passports of crew serving aboard arrested vessels, and of course, the talk of the town, positioning the UAE as a global superyacht hub. We then turn to aviation, where we consider issues relating to long haul flights and the application of the Cape Town Convention. We are excited about the insurance articles, which seek to address pressing issues facing the GCC market. We are also indebted to our colleagues in different practice groups who share their expertise on issues they face in the transport sector.
We hope this edition meets your expectations and do look forward to your feedback and comments.
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