Global law firm Baker McKenzie has reported robust financial results, announcing revenues of USD $3.3 billion for the fiscal year ending on June 30, 2023 (FY23). Despite facing challenges such as the impact of spinning off the firm’s former Russian operation, reduced deal flows, and adverse currency and inflationary pressures, Baker McKenzie’s core strength as […]
In a significant development that fortifies its foothold in Oman, Al Tamimi & Company has merged with local law firm BK Law. This merger brings on board nine experienced legal professionals, including Basma Al Kiyumi (
Allen & Overy (A&O) and Inflexion Private Equity have unveiled an exciting strategic partnership aimed at driving the ongoing expansion of aosphere. The legal and compliance data subscription platform is set to evolve
The maritime industry, the unsung hero of global trade, is embarking on a digital transformation. Ships and the infrastructure supporting them are getting smarter and more connected, promising smoother operations and greater efficiencies. Yet, lurking
Kirkland & Ellis, the international law firm boasting a formidable team of 3,500 lawyers across the U.S., the UK, Europe, and Asia, has set its sights on the Middle East with the establishment of a
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Updates
Unlocking Solar and Wind Potential: Streamlining Authorization for Foreign Investors
By: Alia JENAYAH Tunisia has significant potential for renewable energy production, with a target of reaching 30% renewable energy capacity by 2030. In order to attract foreign investment and address the country’s energy deficit, Tunisia has
Global law firm White & Case played a pivotal role in advising the guarantors in the historic issuance of RMB 3.5 billion (approximately US$500 million) worth of 3.51% three-year panda bonds by the Arab Republic of Egypt.
Baker Botts, an international law firm specializing in energy, technology, and life sciences, has announced the latest addition to its Dubai office. Chad Passlow (pictured) has joined the firm as Counsel in the Global Projects
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Saudi Arabia
Saudi Ministry of Investment Sets Minimum Capital Requirements for Foreign
The Ministry of Investment in Saudi Arabia has unveiled new guidelines and minimum capital requirements for foreign companies looking to obtain licenses for wholesale and retail trade activities with full ownership in the Kingdom. The
Oman has taken a significant step towards regulating and improving its booming tourism industry with the introduction of a new tourism law. This landmark legislation is designed to provide a solid framework for the sector’
