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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, the largest law firm in the Middle East, will be one of the first firms in the UAE to offer Private Notary Services, following a decree issued towards the end of last year.
Under the new law, the Dubai Government has named Al Tamimi a Private Notary, and granted the firm with jurisdiction to notarise documents including Memorandums of Association of L.L.C., Memorandums of Association of civil work company, agreements of the appointment of local service agents, job offers, endorsement of signatures, declarations of residency and unemployment, the power of attorney for trademarks and the special power of attorney for tenancy disputes.
Previously, only designated public officials located in government buildings across Dubai could notarise documents for official purposes, however, designated UAE lawyers may now provide public service to the community in Dubai.
The Private Notary service is one of Dubai’s latest initiatives to privatize certain sectors to make the provision of services more convenient for citizens, in recognition of Dubai’s growing population. In line with the Government’s Smart City initiatives, these services will also be processed electronically through a website linked to the Dubai Court.
Mr. Essam Al Tamimi, Senior Partner at Al Tamimi will be the Head of the firm’s Private Notary Office, assisted by UAE national lawyers Taiba Al Safar, Senior Associate, and Fatma Mussa, Associate.
Commenting, Essam Al Tamimi said:
“As a firm, we pride ourselves on our deeply-rooted experience and knowledge, and provide excellent service to our clients. The introduction of Private Notary Services will provide easy and efficient solutions to process transactions for the business sector in Dubai, and procedures will be completed in an accurate and efficient manner. The new law is testament to the commitment from the Government to ensure the provision of efficient services, and we continue to look at ways we can build upon the services we provide to our clients and the wider community.”
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