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Find out moreWelcome to the first edition of Law Update for 2025. As we begin this exciting year, we are pleased to turn our attention to one of the most dynamic sectors in the UAE and the broader GCC region – healthcare. Over the past several years, the region has seen unprecedented growth in this sector, driven by legislative advancements, technological innovations, and the increasing focus on sustainability and AI. As such, healthcare is set to be one of the most important sectors in the coming decade.
In this issue, we explore key themes that are significantly shaping the future of healthcare in the UAE, such as recent changes in foreign ownership laws. These reforms present a major opportunity for foreign investors, opening up new avenues for international collaborations and improving the overall healthcare infrastructure. The changes in ownership laws are an important milestone, and we provide an analysis of what this means for the industry and the various players involved.
Read NowAl Tamimi’s Equity Capital Markets team has advised on a USD 4.5 million share repurchase programme for a UK plc listed on Nasdaq Dubai, one of the very few share repurchase programmes that has been carried out for a listed company since the inception of the exchange.
Al Tamimi provided legal and regulatory advice to BLME Holdings plc in relation to a share repurchase programme. The advisory role involved discussions with the DFSA and Nasdaq Dubai on the unique structure of the programme, which was required in order to enable BLME Holdings plc to complete the programme whilst complying with the applicable legal and regulatory requirements of each of the DFSA, Nasdaq Dubai and the UK Companies Act 2006 and to facilitate the programme to be carried out as an off-market repurchase rather than a tender offer.
The firm’s Equity Capital Markets team is led by partner Andrew Tarbuck, who added “The Al Tamimi ECM team is delighted to be involved once again on complex cross-border transactions involving public companies listed in the UAE. The share buy-back for our Nasdaq Dubai listed client, BLME, is a good liquidity event for their existing shareholders”.
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