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Find out moreWelcome to the latest edition of Law Update titled “Rise of Generative AI.”
In this edition, we dive into the dynamic world of Technology, Media, and Telecommunications (TMT) across the Middle East and North Africa (MENA) region. TMT continues to play a vital role in positioning the region as an international business and social hub, driving significant growth and innovation.
Our focus in this Law Update is on the sector’s ongoing potential to advance and propel the region toward a more digital economy. We explore the benefits of embracing a digital transformation and how local authorities have responded by enhancing regulations to accommodate the evolving TMT landscape.
This edition covers a range of topics, including – the new Telecommunications & Information Technology Law in Saudi Arabia, the intricacies of trademarks in the Metaverse, and the legal challenges faced by the video game industry. Additionally, we take a regional perspective, discussing jurisdictions such as Kuwait, Saudi Arabia, UAE, Oman, and Bahrain to provide a comprehensive understanding of the TMT landscape.
We hope you thoroughly enjoy this packed issue of Law Update, filled with captivating articles that address key legal issues within a vital sector for the region.
Read the full editionAl Tamimi is very pleased to be the first firm in the region to establish a dedicated Tax practice covering the Middle East with the appointment of Shiraz Khan, Senior Tax Advisor.
The global tax landscape has shifted significantly with governments in many countries facing budget deficits and constant media and public attention focusing on the “fair share of tax” debate and tax transparency. This has led to changes in tax policies at both the international and governmental level and resulted in changes to tax laws and stricter enforcement strategies on a global scale.
In order to have certainty on tax, organisations must keep pace with the constant tax developments and legislative changes. It is important for businesses in the Middle East to partner with a trusted tax advisor to proactively manage tax and reputational risk and navigate the increasingly complex international tax environment.
Led by Ahmed Ibrahim, Partner and Head of Capital Markets, the team will provide and manage cross border tax advice to multinational corporations, financial institutions, sovereign wealth funds, private equity groups, investment funds, real estate investment houses, family offices, joint ventures and other regional organisations.
The service offering will include Inbound Tax Advisory, International Tax Structuring and Planning, Mergers & Acquisitions Tax, Value Added Tax (VAT), Tax Disputes and Litigation and Tax Risk Management.
Shiraz is a highly regarded tax professional with over 15 years of international tax experience across the Middle East, Europe, Africa, Asia and the Americas. He brings with him a unique tax skill set having worked in private practice and led a global in-house tax function.
With the imminent introduction of VAT in the GCC from 2018 and the increasingly complex global and regional corporate tax landscape that impacts businesses in the Middle East, we are very confident that our new Tax practice will enable Al Tamimi to provide even greater value to our clients.
If we can provide any assistance, please contact Shiraz Khan s.khan@tamimi.com or Ahmed Ibrahim a.ibrahim@tamimi.com
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.