Middle East Insights – Knowledge, insight and perspective on doing business in the Middle East

Saudi Arabia reforms its Competition Law

May 14, 2019 by David Monnier, George Sayen and Abdulrahman AlAjlan Leave a Comment

On 5 March 2019, the Council of Ministries approved a new Competition Law (the New Law) which was issued by Royal Decree No. (M/75) dated 6 March 2019 and was published in the Official Gazette on 29 March 2019. It will come into force 180 days following its publication date (i.e. towards the end of September 2019).Read more…

Baker McKenzie International Arbitration Yearbook 2018-19 now available

April 29, 2019 by Dr. Habib Al Mulla and Andrew Mackenzie Leave a Comment

The 12th edition of the Baker McKenzie International Arbitration Yearbook is now available. This new edition focuses in particular on diversity in international arbitration and considers the historical position, the present landscape and what the future might hold for this important topic.Read more…

Baker McKenzie advised Al-Nouran on an Islamic Istisn’a facility and working capital facility in Al Sharqia Governorate of Egypt

April 29, 2019 by Mohamed Ghannam and Lamyaa Gadelhak Leave a Comment

Baker McKenzie advised Al Sharkiyah Sugar Manufacturing Company (Al-Nouran) as borrower in connection with the restructuring and top up of a senior Islamic Istisn’a facility and working capital facility to finance the operations of its beet sugar factory in Al Sharqia Governorate of Egypt. The financing was provided by a banking consortium led by Banque Misr.

Baker McKenzie Cairo grows its transactional practices with the appointment of Senior Counsel Mohamed Barakat

April 29, 2019 by Mohamad Talaat and Mohamed A. Barakat Leave a Comment

Mohamed Barakat has joined Baker McKenzie Cairo’s Corporate/Mergers & Acquisitions practice as a Counsel, bringing more than 14 years of experience advising companies on a wide range of complex corporate, mergers and acquisitions and global joint venture transactions.

Baker McKenzie Middle East Tax Newsletter – Issue 2

April 28, 2019 by Reggie Mezu, Bastiaan Moossdorff and Laya Aoun-Hani Leave a Comment

Financial services VAT in Bahrain. KSA Transfer Pricing regulations. Tax Disputes Resolution Committees in the UAE. Oman Excise Tax Law. Read on for the most recent tax-related developments from across the Gulf Cooperation Council (GCC).Read more…