The final Law Update of 2022 is here, and it’s packed full of articles. The double edition features two focus areas, first is a spotlight on Energy and Resources and second we feature a collection of articles on Transport and Logistics. The developments occurring in these sectors in the MENA region are unprecedented and our lawyers cover vast themes for you.
The Energy and Resources focus features topics such as diversifying energy resources, solar PV, mining in the Middle East, renewable energy and green hydrogen. From a transport perspective, we draw attention to the Bahrain metro project, discuss the challenges and remedies associated with the repossession of an aircraft, and there is advice on what to consider should a party vary the terms of a shipping contract.
This edition navigates you through updates from across jurisdictions such as, Oman, Jordan, Saudi Arabia, Egypt, Iraq, Qatar, and the UAE. Each article is timely and provides insights into legal issues and cases that are affecting these sectors across the region.Read the full edition
Further to the numerous changes adopted by the authorities in relation to DIFC businesses, and some enquiries we’ve been getting in respect of the UBO regime, please keep in mind every DIFC business:
You must comply with the above requirements by 10th of February 2019.
Failure to do so may result in the imposition of a fine on your company in the sum of USD 25,000.
Our team of experts will be delighted to assist you in:
If you require any assistance in this regard, please let us know and we will be happy to provide our support.