The regional real estate, construction and hospitality sectors have been turned upside down over the last two years, with Covid-19 bringing these sectors to a halt. The impact of the pandemic remains, however, the resurrection of these vital sectors across the region is a welcome relief because they support the development of modern cities, which in turn have attracted commerce and tourism to the Middle East and North Africa.
This latest edition of Law Update, provides vital insights, updates and commentary on the latest trends taking shape across the real estate, construction, hotels and leisure sectors. The articles within this edition cover a broad range of topics, from what’s next for real estate in Dubai, to commentary on Saudi real estate, a market that is set to become the main bedrock of the region for years ahead. You will find articles on reforming real estate laws in Qatar, foreign investment and ownership in Oman, and mitigating risks on hotel construction projects and the lessons learnt from Covid.Read the full report
Al Tamimi & Company, the largest law firm in the Middle East, has confirmed the appointment of seven lawyers to its Partnership. The new Partners are experts in a range of practice areas, from equity capital markets to property, and operate across Al Tamimi’s 14 offices.
Izabella Szadkowska (Corporate Commercial, UAE & Oman), Ahmed Ibrahim (Equity Capital Markets, UAE), Mohammed Kawasmi (Property, Northern Emirates), Dean O’Leary (Arbitration, UAE), Mohammed Norri (Corporate Commercial, Iraq), Gordon Barr (Employment, UAE) and Omer Khan (Corporate Structuring, UAE) officially joined the Partnership on 1st July 2014.
Al Tamimi has had a successful 12 months. During this time, the firm achieved a key growth milestone of over 500 employees, and with the new appointments it has reached 50 Partners. Over the year, the firm has also expanded its operational presence, opening new offices in Ras Al Khaimah, Erbil, Muscat and Manama. Al Tamimi’s newest office in Manama, Bahrain, is particularly important as it marks the firm’s presence in all six GCC countries.
Commenting, Husam Hourani, Managing Partner at Al Tamimi & Company, said:
“Our lawyers are among the very best in the Middle East. They combine international experience and qualifications with expert regional knowledge and understanding.
“I am delighted to be welcoming seven of our existing lawyers into Al Tamimi’s Partnership. Their promotion is testament to the skill and dedication they have shown over recent years, as well as their ability to provide quality legal advice and support to clients.
“Al Tamimi is a growing business, with revenues increasing by over 19 percent in 2013. We now have operations in eight countries and will seek to expand further. These plans are very much in line with our commitment to meet the needs of clients across the Middle East.”