Managing Partner's Foreword

Welcome to this
month’s Law Update

This month we focus on the transport and insurance in the Middle East and North Africa, two sectors that are integral to the region's overall economic growth.

The transport sector is vital to the Middle East and North Africa region due to its strategic location as a hub for global trade and commerce. It is a critical component of the region's infrastructure and is essential for regional trade and commerce and plays a vital role in the growth of other key industries such as tourism, trade, and manufacturing. Additionally, the transport sector plays a significant role in the region's economic development by facilitating trade and travel and creating job opportunities for the local population.

Similarly, the insurance sector plays a crucial role in providing financial protection which is essential for economic stability, growth, business continuity and risk management. This sector plays a vital role in supporting the region's economy and it is an essential component of the region's economic landscape, contributing to its growth and prosperity.

These two sectors continue to have a significant impact on the region and our focus spotlights the latest developments in transport and insurance. In this edition, our lawyers have shared regulatory updates from across several of our jurisdictions, providing insights into new and existing legal frameworks governing these two industries in the region.

The articles provide a finger on the pulse of is happening across the region and share an insight into the what the future will look like.

Outside our transport and insurance focus we provide commentary on important regulatory developments from several jurisdictions and practice areas. For example, we cover the new Iraqi pension law, provide a contractor perspective on mitigating insolvency risk on constructions projects, and share insights on Egypt’s competition law. Our lawyers have also shared commentary on Qatar's approval of its accession to the Agreement on Liberalization of Trade in Services among Arab States and we cover what’s new in the UAE federal procurement law.

In our final section we share with you real life judgments to provide you with context to our work and the legal landscape across the region. We hope that this issue will provide you with valuable insights and help you to stay informed about the latest trends and developments. If you have any comments or questions, please do not hesitate to contact any of the lawyers who have contributed to this issue.

Thank you for your continued support, and we hope you enjoy this month's Law Update.