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
On Saturday, 21 April Al Tamimi sponsored the 13th Annual Harvard Arab World Conference (HAWC) in Beirut. The theme of this year’s HAWC was “Region Rising!”, which explored initiatives across the region that are currently reshaping the face of the Arab world. The HAWC had several panels that brought together multi-disciplinary leaders to discuss the region’s future in healthcare, education, entrepreneurship, policy, and law. Ahmad Saleh, Partner and Head of Patents & Designs (R&D and Innovations), Al Tamimi & Company joined the thought-provoking discussion where he shared his thoughts on Arab health – advancing healthcare across the region and innovation.
The conference also consisted of the HAWC Start-up Competition which gathered several Middle East-based start-ups to compete for a chance to win over $20,000 in cash and in-kind services. The start-ups represented a number of industries including healthcare, fintech, consumer tech and education. Al Tamimi & Company were pleased to award the first prize to The Spike App, a mobile assistant that helps diabetics better manage their diabetes and the runner up award to FabricAid, a creative model that optimizes the fabric waste value chain through smart collection.
The conference was a great success and addressed how the region and its people can harness its collective power to drive positive change and how the rising generation of Arabs can leverage current and emerging resources to inspire transformation.