On August 28, 2012, the Special Tribunal related to Dubai World (the “Tribunal”) formally approved the restructuring of more than US$2 billion of debt of Drydocks World LLC and Drydocks World – Dubai LLC (together, “Drydocks”) under a syndicated term
Al-Mirsal
Insights and commentary on legal developments in the Middle East
Al-Mirsal, published by Latham & Watkins LLP, focuses on legal developments and regulatory trends primarily in the Middle East and North Africa (MENA) region. The blog covers topics such as data protection laws, artificial intelligence and digital infrastructure regulations, healthcare and life sciences sector growth, biotechnology strategies, and financial technology governance. It addresses cross-border data transfer issues, compliance with emerging data privacy frameworks, and the establishment of sovereign data centers. The blog also discusses regional initiatives to foster innovation in healthcare, biotech, and digital assets, reflecting the evolving legal landscape impacting businesses and governments in the MENA region.
Latest from Al-Mirsal - Page 10
UAE’s New Investment Funds Regulation Adopted
The final text of the UAE’s long-awaited new Investment Funds Regulation (the Regulation) has been approved by the Board of the UAE Securities and Commodities Authority (the SCA). The Regulation will take effect as SCA Board Resolution No. 37 of…
Key Expected Changes to the UAE’s Draft Commercial Companies Law
Reforms to Banking Disputes in Saudi Arabia
Several new laws have taken effect in recent months in the Kingdom of Saudi Arabia from arbitration to the establishment of a centre for registration of lien and the long awaited mortgage law. As part of the restructuring underway…
Middle East and Africa Technology, IP and Sourcing Focus – Volume 4
Latham & Watkins’ Middle East Technology, IP and Sourcing team has just published the fourth edition of Middle East and Africa Technology, IP and Sourcing Focus.
This edition includes articles on the importance of due diligence in an outsourcing…
New Markets Law Regime Takes Effect in the DIFC
Middle East and Africa Technology, IP and Sourcing Focus – Volume 3
The April edition of Middle East and Africa Technology, IP and Sourcing Focus, a newsletter from Latham’s Middle East Technology, IP, and Sourcing team, is now available. The new issue considers several topics, including the challenges that organisations looking…
Japanese Tax Law Reforms Facilitate Issuance of Sukuk by Japanese Companies
The Japanese Financial Services Agency has issued a document (see Taxation of J-Sukuk Q&A) highlighting reforms to Japanese tax laws implemented in 2011 that facilitate the issuance of sukuk by Japanese companies (J-Sukuk).
Following these reforms, distributions paid on…
Oxford University Press Publishes Comprehensive Guide to Islamic Finance
Islamic Finance: Law and Practice, co-edited by Latham partner Craig Nethercott, was recently published by Oxford University Press (click here to view). Nethercott, global co-head of Latham’s Islamic finance practice and one of the editors of Al-Mirsal, also…
Current Trends in Islamic Finance on Agenda at Kuala Lumpur Conference
In a session on “Current Trends in Islamic Finance” at the In-House Counsel Congress today in Kuala Lumpur, Latham partners Bryant Edwards and Craig Nethercott discussed the opportunities for Shari’ah compliant debt issuance in the United States capital markets.
“US…
