Measures to attract FDI is changing business pattern of the Middle East

DUBAI — A wave of liberalisation, privatisation and other measures designed to attract and retain foreign investment is rapidly changing the way business is carried out across the region.

By Moushumi Das Chaudhry

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Published: Sat 13 May 2006, 10:36 AM

Last updated: Sat 4 Apr 2015, 3:44 PM

Middle Eastern markets while presenting enormous opportunities are becoming increasingly regulated.

To provide a full range of legal services across different industry sectors including Islamic finance, corporate finance, banking, real estate, technology, media and projects in the Middle East, DLA Piper Rudnick Gray Cary (DLA Piper), the second largest global law firm, plans to open its first office at Emaar Business Park.

This was announced at a Press conference by the officials of the firm. A team of international lawyers will provide clients with a wide range of legal services in line with the firm's full service approach and this office will be fully integrated into DLA Piper's global network and support clients across the Middle East, India and Africa.

George J Mitchell, DLA Piper Chairman and former US Senator said: “Our business was created in recognition of the growing global needs of businesses and demand for high-value services across several disciplines in every major market in the world. Our global footprint would not be complete without an office in Dubai and we very much see this as the first step in our expansion strategy for the UAE and the Middle East." DLA Piper also offers advice on a wide range of international jurisdictions and offers a diverse range of language capabilities including English, Arabic and French.

The firm provides advice based on local expertise, international experience and long-standing relationships throughout the Middle East.

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