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
Pharmacies are able to capitalise on the rapidly expanding healthcare sector in the region but require less manpower than typical healthcare establishments. Increases in healthcare services and an aging population in the MENA region inevitably lead to increases in pharmaceutical consumption. This, in turn, increases the demand for pharmacies to fill prescriptions and dispense over the counter medications and treatments.
While pharmacies typically operate on low-margins, where medicine prices are sometimes fixed by government price controls, they are high volume businesses. This article explores some of the basic requirements and restrictions imposed under relevant local law in relation to pharmacies operating in Bahrain, Egypt, Iraq, Jordan, Kuwait, Oman, Qatar, and Saudi Arabia.
Iraq (Excluding Kurdistan Region)
United Arab Emirates
When planning for and establishing a pharmacy, it is important to note the ownership restrictions to avoid sanctions for violations. In most jurisdictions, a case can be made for exceeding the number of licences held by one person, however, it is more difficult to receive an exception to the local ownership restrictions. As the legal requirements and conditions can differ from practice, it is important to thoroughly assess options that might be available to your business even though, at the outset, there are many structuring and licensing challenges. The legal framework can be restrictive but options for solutions that meet commercial business objectives and also achieve legal compliance are available.
As Dr. Napoleon Hill once said, “Whatever the mind can conceive and believe, the mind can achieve.”