The Abu Dhabi Global Market, Abu Dhabi’s new financial free zone, located on Al Maryah Island, recently issued a first wave of draft regulations and related consultation papers.
The Global Market’s general approach in the draft regulations follows
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.
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Kuwait Projects to Press Ahead Following PPP Law Publication
The financial close of the 1500 MW and 105 MIGD Az Zour North independent water and power project (IWPP) in January 2014 served as the trailblazer for the start of the public-private partnership (PPP) programme in Kuwait, representing the first…
Megatrends in M&A: 3 Key Regional Opportunities
With the rise in frequency of mergers & acquisitions (M&A) in Africa, the 26 percent growth of M&A in the Middle East this year and the global volume and value of M&A at its highest for years in the first…
Rise in Middle East IWPs as Demand for Water Increases
3 Top Legal Issues to Tackle on Solar Projects
The Middle East and North Africa region is on the cusp of a new energy revolution. US$50 billion has been set aside for investment in solar power projects by 2020, as MENA governments seek to maximise the long term value…
As Bitcoin Gains Momentum, Focus on Regulation Increases
The virtual currency market has emerged in the United Arab Emirates with Dubai’s first Bitcoin ATM introduced in April 2014. Middle East entrepreneurs have begun launching Bitcoin payment products and SMEs are beginning to realise the potential of such technology,…
Is Green Sukuk a Viable Option for Clean Energy Initiatives in the GCC?
By Harj Rai & Lee Irvine
Why International Investors are Watching the Tadawul
By Andrew Tarbuck & Harj Rai
The MSCI upgrade of Qatar and the United Arab Emirates to “emerging market’ status marked the beginning of increasingly liberalised GCC stock exchanges.
Saudi Arabia’s stock exchange, the Tadawul, is by far the largest securities exchange in the…
5 Ways to Protect your Business from a Cyber Attack
Global cyber-attack threats stand at the highest ever recorded level, jumping 14 percent from 2012 to 2013 (Cisco 2014 Annual Security Report). Furthermore, a recent Microsoft Security Intelligence Report found that operating system infection rates in the GCC…
