Middle East & International News

Middle East & International News

Hacked firms to be fined in Qatar

Qatar companies could be fined up to QR5 million (USD1.37 million) if they fail to prevent data leaks, under a new law being considered by officials. Authorities are reportedly examining a proposed data privacy law that...

News from DIFC & ADGM

The College of Law at Ajman University of Science and Technology and The Academy of Law for the DIFC today announced details of a newly signed cooperation agreement covering the development of training programmes for the...

KSA approves tax and investment rules

Saudi Arabia’s cabinet approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 percent of retail and wholesale businesses, the official SPA news agency last month. The 2.5 percent annual tax...

Public Tenders Law passed in Kuwait

The National Assembly of Kuwait passed the new public tenders law which governs the awarding of public projects worth billions of dinars every year. The new public tenders law, which was described as historic as the...

New law on foreign investment in QFC

A law governing the Qatar Financial Centre (QFC), aimed at simplifying procedures for foreign investors, will hopefully be introduced by year end, an official said last month as reported by Reuters. The draft QFC law aims to...

Hydrocarbon contracts published under open data

Tunisia officially began the publication of documents on all oil agreements signed in Tunisia, minister of energy and mining, Mongi Marzouk announced, noting that these agreements number 82, including 29 permits and 53 operating benefits governed...

Law Firm Highlights (July/Aug16)

Hogan Lovells has entered into an association with Indonesian law firm, Dewi Negara Fachri & Partners (DNFP) as of June 1, 2016. Hogan Lovells has also recruited a new corporate partner in Singapore – Noor Meurling...

First GCC Family Business Governance Code launched

The Family Business Council-Gulf has released The GCC Family Business Governance code, the region’s first bilingual governance guide for GCC family businesses. The code addresses a wide range of family business governance areas, it covers five...

RICS celebrates 40 years of Dispute Resolution Service

RICS marked 40 years of providing Alternative Dispute Resolution services to the global built environment last month with a celebratory dinner for MENA stakeholders at The Ritz-Carlton in DIFC.  With dispute practitioners and representatives of dispute...

News from the Courts June 2016

The chief executive and senior registrar of the DIFC Courts, Mark Beer, OBE, was today named President-elect of the International Association for Court Administration (IACA), where he will work to raise the standards of justice systems...

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