Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.Read the edition
Al Tamimi & Company, the largest law firm in the region, continues to expand their presence in the Middle East with the opening of their office in Ras Al Khaimah. The Ras Al Khaimah office will be headed by Tara Marlow, Partner and Regional Head of Hospitality. The office is Al Tamimi’s eleventh office in the Middle East and has been established to support the steady growth that the emirate is experiencing through it’s increased credibility as an attractive hub for doing business. The full service office was opened to meet the growing demand for professional services in Ras Al Khaimah.
Managing Partner at Al Tamimi, Husam Hourani stated “the opening of our office in Ras Al Khaimah is an exciting time for both the firm and the emirate itself. Al Tamimi has been working with the Ras Al Khaimah government for some time now and to have a formal presence in Ras Al Khaimah through this establishment reinforces our support of the development in the emirate.”
Jim Stewart, Chief Executive Officer at Investment and Development Office, Government of Ras Al Khaimah, said “The government of Ras Al Khaimah has worked closely with Al Tamimi over many years, across multiple industry sectors, and we have benefited greatly from their unsurpassed local and regional legal capabilities, and their practical, common sense legal advice. In essence we see Al Tamimi as a key partner in helping to manage the Government’s legal risk profile whilst it implements the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah and Member of the Supreme Council, in delivering continued sustainable economic development; we truly value their support.”
Al Tamimi is looking ahead at further expansion in 2013 with an office planned in Erbil, Iraq in July.