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Rise of Generative AI
Welcome 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 edition
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
DIFC Foundations – Tested Waters
Watch a short video by Izabella Szadkowska, Partner, highlighting some key benefits of the new DIFC Foundations Law here.
Since March 2018, when the Dubai International Financial Centre (“DIFC”) Foundations Law (DIFC Law No. 3 of 2018) came into effect, there have been a number of foundations registered in the DIFC.
What Have We Learnt?
Since the introduction of the Foundations Law we have learnt details of the incorporation process, explored various ways of addressing client needs under the charter and the by-laws of the foundation and brainstormed the use of a DIFC foundation for various types/classes of assets.
How Can We Help?
Our team will be delighted to assist you in registering and securing ongoing compliance of a Foundation by:
- Assisting you with the incorporation process;
- Advising on matters such as Foundation objectives and assets;
- Advising on the composition and powers of the Foundations bodies;
- Drafting the tailor-made charter and the by-laws of the Foundation; and
- Providing registered address for the Foundation.
For Further Information Contact:
Samer Qudah
Partner, Head of Corporate Structuring
Izabella Szadkowska
Partner, Corporate Structuring
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