Staying Connected in KSA

A review of the legal and regulatory framework governing the licensing and importation of telecoms equipment in Saudi Arabia. The telecommunications sector is a vital component of any economy and has gained further significance in this digital era where commercial and financial transactions of all sorts rely primarily on effective and efficient telecommunications networks, infrastructure and equipment.…

Contract Watch: Forfeiture Clauses

Forfeiture’ or ‘liquidated damages’ clauses feature in many commercial agreements, and more commonly in joint venture contracts in the oil and gas exploration and construction sectors. They are common in GCC contracts but the approach differs to common law jurisdictions. Most construction contracts contain a provision for liquidated damages to be paid in the event of…

Strengthening Ties between The UK and Dubai

New Memorandum Of Guidance On Reciprocal Enforceability of Judgments Enhances Trade And Investment Links Between UK and Dubai promoting DIFC Courts as Leader in International Commercial Dispute Resolution. 23 January 2013 the Dubai International Finance Centre Courts (DIFC Courts) and the English Commercial Court of the Queen’s Bench Division, England and Wales (Commercial Court) signed…