Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.Find out more
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
Tara Marlow - Partner, Head of Real Estate, Hotels & Leisure - Real Estate / Family Business
This month’s focus is on Real Estate, Hotels & Leisure. Across the region, our teams analyse changes to legislation and provide detailed insights into the most recent trends and developments. The use of technology in the real estate sector is gaining momentum generally and discussions regarding the use of blockchain continue apace. Across the Middle East, real estate development tends to go hand-in-hand with hotel and leisure facilities. As a result, real estate investors have been able to extend their portfolios to hotel rooms and branded residence assets, with investment in holiday homes, in particular, showing a marked increase. The holiday homes sector is rapidly becoming a key market in its own right, particularly in Dubai, where the introduction of new legislation has fostered and encouraged growth. Despite current pressures on hotel occupancy and room rates in some countries, the hotel industry across the Middle East region continues to grow and mature, which is testament to the increasing appeal of the region for tourists. We expect this trend to continue with the implementation of exciting new mega-projects, particularly in Saudi Arabia.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.