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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Al Tamimi & Company has added Seung-Hyeon (Alex) Kim to its roster of highly experienced Partners. Alex joins as a Partner in the firms Korea Group and brings with him over 25 years’ experience of working with the South Korean public and private sector. This is the firm’s fourth new Partner hire already in 2023, with the Middle East and North Africa’s leading law firm having already promoted six lawyers to partner in January, taking the overall Partner count to over 90.
Alex will have a focus on growth and development of Al Tamimi & Company’s Korea Group. Established in 2012, the group is the firm’s dedicated resource that supports and advises Korean companies with their legal requirements when doing business in the Middle East and North Africa. Alex will join a team that boasts market leading knowledge, expertise and Korea language capability. The group has a deep-rooted familiarity of the Korean corporate culture, and this is combined with firm’s local intelligence and proficiency of advising companies entering and establishing operations in the region.
The new partner has significant experience in advising major Korean engineering, construction, and manufacturing companies on projects across the East Asian region. He also brings to Al Tamimi & Company significant experience of working in a variety of legal areas, including – International arbitration and litigation, construction, energy, and project finance.
“In Alex we have brought on board a lawyer with a wealth of experience and key client relationships that will enhance our Korean Group offering. Working alongside the team, Alex will add to the already highly proficient expertise we have within the Korea Group, and his appointment will not only strengthen our client offer, but will ensure that we keep a market-leading position and grow our brand, and clientele, across South East Asia and the Middle East and North Africa.” Said Samer Qudah, Managing Partner, Al Tamimi & Company.
“We have created a number of country focused teams that play a vital role to our success. These countries have been identified based on their interest in the Middle East and North African market and the opportunities to collaborate. Our country groups include China, India, Turkey, and a number of jurisdictions within Africa. These groups are vital to the firm’s ambitions and position us as the regional leader with international reach.” Concluded Samer Qudah.
Commenting, new Partner Alex Kim said:
“I am delighted to have joined the leading law firm in the Middle East and North Africa. The Korea Group has an outstanding reputation in the market for providing expert advice and support to East Asian entities. I look forward to working with my colleagues and using my experience to support the ongoing efforts, and to offer the best legal and commercial advice in the market for Korean entities entering the Middle East and North Africa.”
Al Tamimi & Company’s Korea Group works with over 140 Korean clients, including corporations across a wide range of business sectors such as electronics, construction, infrastructure, power, energy, banking & finance, shipping, import and export services, healthcare, defense, automotive, manufacturing, food and consumer goods. The firm also maintains a good relationship with Korean government entities, and its lawyers have been appointed as Special Advisors to Korean Embassy/Consul General in the United Arab Emirates, Saudi Arabia and Qatar, and also Korean government-owned entities.
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