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Find out moreHow has Education in the Middle East and North Africa evolved to keep up with progressive digital and regulatory requirements of the times?
From the rise of AI in the classroom to the strong international interest in the regions education market the sector continues to undergo major transformation.
Our latest Law Update, titled “Brushstrokes of Law: Painting the Future”, takes a deep dive into these latest developments. In this issue, we explore:
We also feature a special section on our collaboration with the Mawaheb Art Studio, a unique creative space for People of Determination, and the artwork you see through the pages of this edition is a reflection of the students creativity.
The Law Update is a must-read for anyone who is passionate about education, whether you’re a lawyer, educator, policymaker, or investor.
Read the full editionAl Tamimi & Company advised Al Mal Capital on the establishment of the Al Mal Capital REIT, which recently gained approval from the Securities and Commodities Authority (SCA) to float on the Dubai Financial Market (DFM). This IPO is a first of its kind in the UAE for the financial sector being the first REIT listed with an onshore exchange. With a target offer size of AED 500m, it will also be the first IPO in Dubai since 2017.
Leading investment advisory and asset management company, Al Mal Capital, will be seeking to invest in a diversified portfolio of income-generating UAE real estate assets backed by long-term lease agreements predominantly in the industrial, healthcare and education sectors. In a difficult market, this deal represents the second IPO announced by the Al Tamimi team in a month after the successful IPO of UAE tech company, Yalla Group Limited.
Al Tamimi’s Deputy Managing Partner & Regional Head of Banking & Finance, Jody Waugh, commented: “We are delighted to support and act as an integral part of the Al Mal Capital team and excited to see the DFM as the choice for the first onshore listed REIT. The recent drop in real estate assets has created an opportunity for new investors and new business creation – it’s great to see a leader like Al Mal Capital take advantage of this and support the UAE’s future development.”
The Al Tamimi team was led by Senior Partner, Husam Hourani, and Jody Waugh, with support from Senior Banking & Finance lawyer, Ali Awad, and Senior Corporate Commercial lawyer, Carla Saliba.
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