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Find out moreThe first Law Update of 2024 is here, and our first focus of the year spotlights Healthcare and Lifesciences, a sector that is undergoing significant growth and development across the MENA region.
Our focus provides an insight into some of the most important regulatory updates across the region, such as the UAE’s groundbreaking law on the use of human genome, Kuwait’s resolution on nuclear and radioactive materials, the new regulations for healthcare services in Qatar, Egypt’s healthcare regulatory framework, and the impact of the Saudi Civil Transactions Law on the healthcare and life sciences sector … and there is so much more!
Beyond the healthcare pages our lawyers share with you multi-sector insights where you will discover articles on Dubai’s DIFC regulatory framework for startups, Bahrain’s commercial agencies law, and we also shed light on Kuwaiti civil code and the advantages of setting up a joint stock company in Saudi Arabia.
Read the full editionKhaled Saqqaf - Partner, Head of Office - Jordan - Corporate / Mergers and Acquisitions / Banking and Finance / Capital Markets
The Jordanian Government, under the patronage of His Majesty King Abdullah II, has introduced a national vision and strategy for Jordan 2025. Aiming to achieve a more integrated social and economic framework, the Jordanian Government has been diligent in implementing legislative reforms with a focus towards greater private sector participation and the rejuvenation of specific sectors.
This edition will touch upon a number of those developments, including the introduction of a new PPP Law, the codification of a comprehensive Real Estate Law, the unification of investment authorities under the Investment Law, and the creation of alternate modes for investment, including Venture Capital companies and cross border offerings.
As part of these efforts, we, at Al Tamimi & Company, were honoured to be appointed to act on one of the largest PPP Projects in Jordan, as well as to assist the Government’s Steering Committee and the European Bank for Reconstruction and Development in the ongoing review and reform of the capital markets’ legal regime in Jordan.
That is not to say that Jordan has been without its challenges. The COVID-19 pandemic and the turbulence in the region continue to adversely impact our national economy and upcoming projects. Further, the activation of the Defense Law in response to the COVID-19 outbreak, has directly affected the way companies and the public sector do business. Whilst the economic strains continue to be felt worldwide, imposed curfews and lock-down measures have also led to greater utilisation of online and remote working solutions. As will be seen in the upcoming articles, the Jordanian Government had previously begun to utilise online sources (including, the creation of a security registration platform); the current realities have, however, further kick-started such initiatives and we are now beginning to see the operation of online portals for registration of companies, court submissions, and compliance with regulatory filings.
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