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
We believe that Egypt will move into new frontiers that we are keen to be part of and support being the largest and one of the fastest growing law firms in the Middle East.
Our confidence in Egypt’s future is based on numerous factors, including the projects that have been completed over the past two years. Furthermore, a number of international credit rating agencies have taken a favourable view of Egypt’s economic outlook in parallel to the significant investment appetite internationally. Another factor well noted is capital injected from the GCC, particularly the United Arab Emirates; Saudi Arabia, Kuwait, and Bahrain, all countries where Al Tamimi & Company have a strong presence. Our Egypt practice* is well positioned to assist in meeting the legal needs derived from this potential, and to being part of the ambitions to restore Egypt’s economic competitiveness by assisting the gradual structural reforms necessary to deliver this economic potential.
We will support the development of all initiatives undertaken in the “New Egypt” by providing a new age of legal services addressing the developing needs of Egypt. Our strategy will focus on supporting Egypt’s needs for building and maintaining sustainable economic growth using the capabilities of its population, of which youth and women represent the majority. We see major opportunities in numerous fields including governance, mega infrastructure projects including the Suez Canal development projects, free and economic zones, PPP projects, capital markets, banking and finance, hospitality, industrial, sports, media, tax law, and dispute settlement.Contact us