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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 editionOn Thursday 26 February 2020, the UAE’s Federal Transport Authority (the “FTA”) issued Circular No. 2 of 2020 concerning measures against the coronavirus threat. Pertinently, the circular states that:
A day earlier on 25 February 2020, Kuwait’s Ministry of Communications published Circular No. 3 of 2020 entitled “NOVEL CORONAVIRUS ALERT”. This circular instructs that all Kuwaiti sea ports are:
Please get in touch if you require legal advice. Our team of lawyers in 17 offices across nine countries in the Middle East would be available to assist.Kuwait had also earlier in the same week made similar prohibitions on arrivals of ships and persons from Iran. Government and port authorities in the Middle East have recently been issuing directives to combat the spread of the coronavirus via official circulars and the general media, and we expect this trend to continue. We therefore recommend members of the maritime community to stay in touch with various information platforms and their agents.
Omar Omar
Partner, Head of Transport & Insurance – UAE
o.omar@tamimi.com
Gabriel Yuen
Associate, Transport & Insurance
g.yuen@tamimi.com
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