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
Whilst owners of property may see short-term letting as an attractive option, particularly in terms of increasing an owner’s return through higher rental yields, they should be aware that this activity is classified as an economic activity, pursuant to Dubai Department of Economic Development licensed activity classifications. Further, such companies must be incorporated through the Department of Tourism and Commerce Marketing.
Should you require any assistance or further information on the legal ramifications of the above, or would like information on obtaining the necessary licences, please do not hesitate to contact us.
Lisa Dale, Partner
Head of Property
Head of property, Abu Dhabi
Head of Hospitality