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Find out moreWe 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 editionAl Tamimi & Company, the Middle East’s largest law firm, has won an impressive five awards at this year’s IFLR Middle East Awards, underlining its position as the region’s pre-eminent law firm for banking and finance matters, and for capital markets transactions in particular.
Al Tamimi won across a variety of categories including: M&A deal of the year for Abu Dhabi Islamic Bank’s acquisition of Barclays’ UAE retail banking assets; Project Finance deal of the year for Az-Zour North IWPP; UAE law firm of the year; and Jordan law firm of the year. Husam Hourani also won the highly coveted Managing Partner of the year award for the second year running.
Success at the respected IFLR Middle East Awards follows a strong year for Al Tamimi. Over the last 12 months, the firm grew to over 500 employees and now has 49 partners, both significant internal milestones for the company. The firm also expanded its operational presence, opening new premises in Ras Al Khaimah, Erbil, Muscat and Manama. Al Tamimi’s newest office in Manama, Bahrain, was especially significant as it marks the firm’s presence across all six GCC countries.
Essam Al Tamimi, Senior Partner at Al Tamimi & Company, said:
“We are truly delighted with our success at the IFLR Middle East Awards, which were all in highly competitive categories. These awards are a strong indicator that we are continuing to cement our position as the number one law firm in the region.
“Al Tamimi has had a great year to date and that is testament to all our lawyers’ experience, expertise and dedication to clients. I am extremely proud of what has been achieved in recent months and look forward to that positive momentum continuing in 2015.”
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