In this issue: New Maritime Law Awaited; Increased Private Sector Involvement in Dubai Water and Electricity Sector; Pro Bono initiative: Women’s Rights and the Convention on the Elimination of All Forms of Discrimination against Women; Why Arbitration?; The Bribery Act 2010: Its Relevance in the Middle East - Update; and Corruption and Anti-Corruption Initiatives.
Welcome to the latest edition of our newsletter from the Middle East. I commend it to you and believe that its articles will be of interest to all. I have recently returned from meetings in both Europe and East Africa where it has been interesting to view the Middle East in the way that others see us. The picture is an optimistic one, borne out by our own experience.
There is much focus on the United Arab Emirates and the beneficial consequences of the Arab Spring. Interest and investment in Abu Dhabi and Dubai are increasing as we are rightly perceived to be an oasis of stability. Business opportunities abound as domestic expenditure in the region as a whole increases to meet social demands. This applies to the UAE and other Gulf states, including Oman and Bahrain, and to the wider Middle East. Egypt and Tunisia are now focussing on attracting the investment necessary to meet economic discontent.
All of that is our region. We are at the centre of it and we are delighted to promote the immense opportunities which it offers and, of course, the fact that the UAE in particular is well and truly open for business, as well as being your window on a wider market of a billion plus people.
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