The final Law Update of 2022 is here, and it’s packed full of articles. The double edition features two focus areas, first is a spotlight on Energy and Resources and second we feature a collection of articles on Transport and Logistics. The developments occurring in these sectors in the MENA region are unprecedented and our lawyers cover vast themes for you.
The Energy and Resources focus features topics such as diversifying energy resources, solar PV, mining in the Middle East, renewable energy and green hydrogen. From a transport perspective, we draw attention to the Bahrain metro project, discuss the challenges and remedies associated with the repossession of an aircraft, and there is advice on what to consider should a party vary the terms of a shipping contract.
This edition navigates you through updates from across jurisdictions such as, Oman, Jordan, Saudi Arabia, Egypt, Iraq, Qatar, and the UAE. Each article is timely and provides insights into legal issues and cases that are affecting these sectors across the region.Read the full edition
An illustration of Dr Raja Easa Al Gurg, Vice Chairperson and Managing Director, Easa Saleh Al Gurg Group.
As a significant contributor to the economy with six decades of business acumen and expertise, several elements of the Centennial plan will be part of Easa Saleh Al Gurg’s strategic objectives this year and beyond.
As a multifaceted conglomerate ESAG continues to evolve, while balancing emerging global challenges that shape future progress. We believe in being at the forefront in aligning our operations to cohesively match the trade and economic goals of the nation.
Our priorities based on the draft plan would focus on:
To keep constantly evolving to meet future needs and build successful and valued business outcomes. To optimally balance Artificial Intelligence and Social Intelligence within our leadership and staff, which requires greater creativity and partnering with like-minded organisations.
There is less time to play it safe and a need to move to a position of learning from new realities. The future focus will need to encompass skills of adaptability, innovation, and courage.
One of the factors that distinguishes Dubai from other global business hubs is the strong value proposition it offers to companies, investors and top talent from around the world. The emirate continues to drive global interest by adding new competitive advantages and incentives.
The government’s forward-looking vision and proactive approach in adapting to changing market dynamics has resulted in several measures being introduced. These include long-term residency visas, a virtual working programme and most recently, a strategic move to grant UAE citizenship to select foreigners.
Going forward, start-ups and SMEs are expected to play a much bigger role in fostering a culture of innovation and supporting Dubai’s transition to a digitally driven economy in the post-COVID era. In the Dubai of the future, innovation, knowledge and intangible assets will be the key growth drivers and elevate the emirate’s standing in the global arena.
Dubai is a leading example of a city that has fast tracked economic development through close public-private sector co-operation. For instance, the emirate’s success in dealing with COVID-19 and the gradual reopening of the economy would not have been possible without the seamless collaboration between government and business stakeholders who aligned their efforts to ensure compliance and develop effective solutions.
As a bridge between Dubai’s government and businesses, Dubai Chamber plays a crucial role in facilitating public-private sector partnerships that foster economic growth and innovation. While our leadership lays the groundwork for UAE’s post-COVID-19 economic recovery and prepares for the next 50 years, we are now exploring new ways to involve the private sector in important discussions and plans that will shape the nation’s future.