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Find out moreWelcome to the first edition of Law Update for 2025. As we begin this exciting year, we are pleased to turn our attention to one of the most dynamic sectors in the UAE and the broader GCC region – healthcare. Over the past several years, the region has seen unprecedented growth in this sector, driven by legislative advancements, technological innovations, and the increasing focus on sustainability and AI. As such, healthcare is set to be one of the most important sectors in the coming decade.
In this issue, we explore key themes that are significantly shaping the future of healthcare in the UAE, such as recent changes in foreign ownership laws. These reforms present a major opportunity for foreign investors, opening up new avenues for international collaborations and improving the overall healthcare infrastructure. The changes in ownership laws are an important milestone, and we provide an analysis of what this means for the industry and the various players involved.
Read NowHaving spent the past eight years working in Dubai and Qatar, Michael was instrumental in the establishment of NASDAQ Dubai (then known as the Dubai International Financial Exchange ) by obtaining licences to operate an exchange and a clearing and settlement facility. Following this, Michael then went on to manage the regulatory side of the exchange and was responsible for the listing, market surveillance, membership and compliance functions.
He then went on to work with the Qatar Financial Markets Authority where his role included working in areas of licensing, capital markets, the implementation of the QFMA’s corporate governance code and the harmonization of the anti money laundering laws between regulators.
I am very excited to announce Michael’s appointment and encourage you, as a valued client of the firm, to get in touch with him directly should you have any questions relating to compliance within the financial services sector.
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