M&A DEALS IN THE MIDDLE EAST KEY PRACTICAL ISSUES
With global economies recovering from the financial crisis and major financial hurdles in the United States coming to an end, mergers and acquisitions (“M&As”) have started to pick up around the world. Introduction Businesses operating in the Middle East and the Gulf Co-operation Council (“GCC”) region are yet again considered, by foreign investors, attractive acquisition targets, especially in light of the World Expo 2020 to be hosted by the United Arab Emirates (“UAE”) and […] read more
Why is NASDAQ DUBAI worth looking into in 2013?
By Artur Kluz, Partner, Metropolitan Capital Solutions and Izabella Szadkowska, Senior Associate, Al Tamimi & Company, United Arab Emirates Despite global economic turbulence, GCC economies have continued to show a healthy and stable growth in recent years. Positive oil price dynamics are resulting in increase in oil and non-oil GDP. While oil the and gas industry is the main driver for the GCC economies, continued efforts by governments to diversify economies is leading to […] read more
DOING BUSINESS 2013
Business & Law is proud to announce its participation and contribution to the prestigious Doing Business 2013 project held by The World Bank. ”Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises assesses regulations affecting domestic firms in 185 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year’s report data cover regulations measured from June 2011 through May 2012. […] read more
DUBAI INTERNATIONAL FINANCIAL CENTRE – JURISDICTION WITHIN A JURISDICTION
The United Arab Emirates is a state with a dynamic economy and a country where roads change, buildings rise and shops and restaurants open daily. In order to attract foreign investment, Emirates of the UAE have been establishing economic free zones, usually aimed at businesses operating in a specific sector, e.g. commodities trading (Dubai Multi Commodities Centre), eco- friendly enterprises (MASDAR City, Abu Dhabi), healthcare (Dubai Healthcare City). As part of the strategic plan 2015 […] read more