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Changes to the UAE Foreign Ownership Laws

In September 2020, the UAE Cabinet of Ministers (the Cabinet) issued Law No. 26 of 2020 (the Amendment) which amended certain provisions of the UAE Companies Law No. 2 of 2015 (the Companies Law). The amendments include...more

Pharmaceutical Businesses Opening for Foreign Investment

On 15 April 2020, the Cabinet of the Kingdom of Saudi Arabia (“Saudi Arabia”) issued a resolution approving the Pharmaceutical and Herbal Establishments and Substances Regulation (the New Pharmaceutical Law), providing a...more

Impact of COVID-19 on M&A and Private Equity Transactions and Other Considerations

COVID-19 has spread rapidly across the world since it first emerged in late 2019 and has impacted everything from the way we work, to certain aspects of M&A and Private Equity transactions and the way in which they are...more

COVID-19 Update: Electronic Signatures in the Middle East

Working remotely and travel restrictions as a result of the Covid-19 outbreak present new challenges to traditional ways of conducting business, particularly when it comes to execution of documents and concluding contracts...more

Energy Newsletter - September 2018

A Texas Federal Judge Turns Up the Heat on Oil Companies Facing Climate Change-Related Securities Class Actions - On August 14, 2018, the United States District Court for the Northern District of Texas issued a...more

Abu Dhabi Global Market to licence “Oil and Gas” Activities

Abu Dhabi Global Market (ADGM) has recently announced that it has entered into an agreement with the Supreme Petroleum Council in Abu Dhabi (the SPC), pursuant to which ADGM will be able to grant entities that are...more

Energy Newsletter - July 2018

The New Midstream Transactions - A recent trend in the upstream and midstream oil and gas industry is for midstream services providers to offer certain forms of additional compensation to oil and gas lessees / operators...more

100% Foreign Ownership to be Permitted in the UAE

This article is a two-part article concerning the foreign ownership restriction (the Ownership Restriction) which is currently in force in the United Arab Emirates (the UAE) and recent announcements from the Cabinet of...more

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