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A first of its kind NFT in the MENA region

DUBAI, United Arab Emirates, Nov. 15, 2022 (GLOBE NEWSWIRE) — The first NFT by a law firm in the Middle East and North Africa (MENA) has been launched. The collection, titled NFTamimi, provides a unique perspective of the region's evolution across key sectors, such as healthcare, education, real estate and retail. NFTamimi is the creation of Al Tamimi & Company, the leading law firm in the MENA region.

The inspiration behind this NFT is Al Tamimi & Company's monthly legal publication, Law Update. It launched in 1991 and over the last 30 years it has become a valuable source to both the legal and business community. The NFTamimi collection pays homage to the publication by creating digital assets of its most popular illustrations. The launch features 950 pieces of art, each one capturing a story that closely aligns with the region's vibrant economies.

"The NFT marketplace has captured the imagination of both the business community and consumers across the MENA region. We launched NFTamimi to provide us with a unique and innovative way to connect with our audience, and create a community that celebrates Law Update and the achievements of our region". Said Samer Qudah, Managing Partner at Al Tamimi & Company.

"As a law firm we strive to keep a pace with the evolving technological landscape, and this is a mindset we have fostered across the entire organisation. We have a culture of innovation within the firm and this continues to enhance and improve the experience of our clients and our people. This culture can be tracked back through our 30–year history, to when we created Law Update as a resource for fellow professionals. Today, the same publication is the inspiration behind NFTamimi." Concluded Samer Qudah.

NFTamimi is divided into sixteen distinct categories, including: Building A Better Future; Embracing Change in a New World; When healthcare – Life Sciences Imitate Art; Our Planet, Our Responsibility; Painting the Ever Evolving; Education – To Infinity and Beyond; and finally, the Hall of Fame.

The NFT from Al Tamimi & Company is a completely free digital asset, and those acquiring the artwork have a unique opportunity to unlock a special golden frame. This will provide the owner of the golden frame with exclusive access to resources, such as free legal advice. This is only applicable if you mint a cover with a golden frame, which is randomly distributed.

ENDS

Notes

You can find more about NFTamimi here

Attachments


GLOBENEWSWIRE (Distribution ID 8697062)

Sudden regulatory changes are “challenging” but will develop the region into a first-class business destination, say experts

DUBAI, United Arab Emirates, May 31, 2022 (GLOBE NEWSWIRE) — According to a report released this week, "challenging" or "extremely challenging" is how 51% of legal decision–makers surveyed describe sudden changes to regulatory policy in the Middle East and North Africa (MENA). The new report also highlighted, that it is not just the pace at which new regulation is being introduced that provides a challenge, but decoding and then enforcing it.

The report, entitled "Legal Leaders in MENA," was commissioned by Al Tamimi & Company to investigate, and lift the lid, on what is keeping the region's legal decision–makers awake at night, and what are the emerging risks and priorities challenging the legal sector across the region. The report captured the views of 700 legal decision–makers across nine countries and 13 industry sectors in the MENA region.

The Legal Leaders in MENA report acknowledges that, while the regulatory environment continues to evolve at a rapid pace, the initiatives being put in place will continue to develop the region into a first–class business destination. The report further identifies that the frequent introduction of new regulatory policy has challenged businesses to stay abreast of legal change. This is reflected by the emphasis businesses are placing on the role of legal decision makers within their organisations, with 54% of respondents stating they now have a seat on their board of directors, or equivalent. Furthermore, 90% of legal decision–makers surveyed revealed that they are now advising on corporate strategy.

The report examines a number of pertinent areas that are high on the legal agenda, including the rise of Environmental, Social and Governance (ESG). The growing importance of ESG is highlighted within the report, with a massive 94% of legal decision–makers occasionally, or regularly, assessing ESG risk and compliance within their role. Unsurprisingly, 80% of legal decision–makers expect ESG considerations to become more important to their work in the coming years. As ESG transitions into the realm of legal and compliance, the report makes it clear that legal decision–makers will play a central role in the implementation of future ESG policies.

"We welcome the progress being made in the regulatory landscape across the region," said Samer Qudah, Managing Partner at Al Tamimi & Company. "The Legal Leaders in MENA report has highlighted a fast–changing environment, implementation of modern technology, and prominence of ESG as key factors to which the legal community must pay close attention. We will act on this information and ensure our legal teams are regularly upskilled to handle the progressive legal landscape in the region. This will in turn ensure we are equipped to meet the growing demands of our clients and fulfil our evolving role as advisors."

Commenting on the launch of the 2022 Legal Leaders in MENA report, Essam Al Tamimi, Chairman, Al Tamimi & Company, said:
"The regulatory changes and updates being implemented are positive and will align the region with international standards. It is clear, that against a challenging backdrop our role as legal decision–makers is growing in importance, and this can be seen by our increasing influence on corporate strategy. As we navigate our way through a rapidly developing legal landscape, clients will look to us for guidance, answers, and advice more than ever before. We will ensure we are prepared and stand ready to support our clients."

Legal Leaders in MENA – Other key findings:

  • Covid fails to deter investment
    • 43% of legal decision–makers say their companies are planning to increase future investment in the growth of their company, with another 35% holding investment firm.
  • Africa is the investment destination of choice
    • legal decision–makers we surveyed looking to enter new geographies, 81% are looking to expand their operations in Africa.
  • Technology and innovation will underpin growth
    • 48% of the legal decision–makers surveyed have increased their investment in digital capabilities in 2021 compared to the year before.
    • 69% see business model innovation as important, while 39% of legal decision–makers see innovation as core to their business.
  • Legal under the spotlight
    • The top three most pressing risk and compliance issues that legal decision–makers need to address in 2022 are – new financial standards and taxation, changing ownership regulations and new health and employee welfare/employment standards.

A copy of the 2022 Legal Leaders in MENA report can be downloaded here

Amit Joshi
Al Tamimi & Company
A.Joshi@tamimi.com
+971 (0) 525581217

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/c17bb6e7–544c–4430–b7ea–71b595ba01d9

https://www.globenewswire.com/NewsRoom/AttachmentNg/3b39f69b–facd–4473–827a–1f514d98d5f1


GLOBENEWSWIRE (Distribution ID 8562820)

17 offices across 10 countries; the region’s leading law firm expands its operations

DUBAI, United Arab Emirates, March 18, 2022 (GLOBE NEWSWIRE) — Al Tamimi & Company, the leading law firm in the Middle East and North Africa (MENA), has announced that, on 1 April 2022, it will open a new office in Casablanca, Morocco. The expansion will see the law firm grow its footprint in the MENA region to 17 offices across 10 countries.

Al Tamimi and Company's move into Morocco builds on its strategic expansion plans for the African continent and follows a successful 2021 office opening in Port Said, Egypt. The new office in Casablanca is the firm's third office in Africa (Cairo, Port Said and Casablanca) and will play an important role in realising Al Tamimi & Company's long–term vision.

Morocco was identified as a destination due to its position as a gateway for investment into Africa, and it acts as a strategic base for law firms and international businesses that are looking to operate in the region. These factors combined with a well–deveoped market, and the opportunity to support clients across a variety of African territories made Morocco an attractive location for Al Tamimi & Company to set up its new office.

As of 1 April 2022, Nesrine Roudane, Managing Partner of Roudane & Partners Law Firm, will become a partner of Al Tamimi & Company and act as Head of the Morocco office.

Commenting on the opening of the Casablanca office, Samer Qudah, Managing Partner at Al Tamimi & Company said:

"This marks an important moment for us, and we are delighted to expand the Al Tamimi & Company brand and grow our footprint in Africa. Establishing an office in Casablanca moves us a step closer to achieving our vision, which is to be the leading law firm in the Middle East and North Africa. Opening the new office at a time like this is an indicator of our ambition to continue to expand our presence, particularly in Africa, as it remains a strategically important region for our clients and the firm."

"As the firm enters its 33rd year, expanding further into Africa is a timely reminder of how far we have come. As one of Africa's largest economies, Morocco is an exciting market for the firm and we look forward to building our practice, working with our clients, and offering them the high standard of expertise and service they would expect from Al Tamimi & Company." Commented Essam Al Tamimi, Chairman, Al Tamimi & Company.

Nesrine Roudane, Partner and Head of the Morocco office at Al Tamimi & Company said:

"I am excited to become a partner of Al Tamimi & Company and to lead the team in Casablanca. I look forward to offering our clients the unrivalled capability and experience that Al Tamimi & Company will bring to the Moroccan market. We are here to ensure our clients have access to the best legal services in Morocco."

ENDS

About Al Tamimi & Company

Al Tamimi & Company is the leading law firm in the Middle East and North Africa (MENA) with 17 offices across 10 countries. The firm has unrivalled experience, having operated in the region for over 30 years. Our lawyers combine international experience and qualifications with expert regional knowledge and understanding.

We are a full–service firm, specialising in advising and supporting major international corporations, banks and financial institutions, government organizations and local, regional and international companies. Our main areas of expertise include arbitration and litigation, banking and finance, corporate and commercial, intellectual property, real estate, construction and infrastructure, and technology, media and telecommunications. Our lawyers provide quality legal advice and support to clients across all of our practice areas.

Our business and regional footprint continues to grow, and we seek to expand further in line with our commitment to meet the needs of clients doing business across the MENA region.

About Nesrine Roudane

Nesrine Roudane has been a lawyer with the Casablanca Bar since 2002 and the Managing Partner of Roudane & Partners Law Firm since 2008. She is also a trained mediator and a commercial arbitrator. A former member of the Order Council of the Casablanca Bar, she currently acts as the Coordinating Officer of the International Bar Association's Arab Regional Forum (IBA/ARF) and also chairs the Start–Up and Venture Capital Commission of the Union Internationale des Avocats (UIA) and the Legal and Tax Commission of the French International Chamber of Commerce and Industry in Morocco (CFCIM). She is also a legal commentator and analyst for several Moroccan news organisations.

For more information, please visit www.tamimi.com.

Attachments


GLOBENEWSWIRE (Distribution ID 8505861)

17 offices across 10 countries; the region’s leading law firm expands its operations

DUBAI, United Arab Emirates, March 18, 2022 (GLOBE NEWSWIRE) — Al Tamimi & Company, the leading law firm in the Middle East and North Africa (MENA), has announced that, on 1 April 2022, it will open a new office in Casablanca, Morocco. The expansion will see the law firm grow its footprint in the MENA region to 17 offices across 10 countries.

Al Tamimi and Company's move into Morocco builds on its strategic expansion plans for the African continent and follows a successful 2021 office opening in Port Said, Egypt. The new office in Casablanca is the firm's third office in Africa (Cairo, Port Said and Casablanca) and will play an important role in realising Al Tamimi & Company's long–term vision.

Morocco was identified as a destination due to its position as a gateway for investment into Africa, and it acts as a strategic base for law firms and international businesses that are looking to operate in the region. These factors combined with a well–deveoped market, and the opportunity to support clients across a variety of African territories made Morocco an attractive location for Al Tamimi & Company to set up its new office.

As of 1 April 2022, Nesrine Roudane, Managing Partner of Roudane & Partners Law Firm, will become a partner of Al Tamimi & Company and act as Head of the Morocco office.

Commenting on the opening of the Casablanca office, Samer Qudah, Managing Partner at Al Tamimi & Company said:

"This marks an important moment for us, and we are delighted to expand the Al Tamimi & Company brand and grow our footprint in Africa. Establishing an office in Casablanca moves us a step closer to achieving our vision, which is to be the leading law firm in the Middle East and North Africa. Opening the new office at a time like this is an indicator of our ambition to continue to expand our presence, particularly in Africa, as it remains a strategically important region for our clients and the firm."

"As the firm enters its 33rd year, expanding further into Africa is a timely reminder of how far we have come. As one of Africa's largest economies, Morocco is an exciting market for the firm and we look forward to building our practice, working with our clients, and offering them the high standard of expertise and service they would expect from Al Tamimi & Company." Commented Essam Al Tamimi, Chairman, Al Tamimi & Company.

Nesrine Roudane, Partner and Head of the Morocco office at Al Tamimi & Company said:

"I am excited to become a partner of Al Tamimi & Company and to lead the team in Casablanca. I look forward to offering our clients the unrivalled capability and experience that Al Tamimi & Company will bring to the Moroccan market. We are here to ensure our clients have access to the best legal services in Morocco."

ENDS

About Al Tamimi & Company

Al Tamimi & Company is the leading law firm in the Middle East and North Africa (MENA) with 17 offices across 10 countries. The firm has unrivalled experience, having operated in the region for over 30 years. Our lawyers combine international experience and qualifications with expert regional knowledge and understanding.

We are a full–service firm, specialising in advising and supporting major international corporations, banks and financial institutions, government organizations and local, regional and international companies. Our main areas of expertise include arbitration and litigation, banking and finance, corporate and commercial, intellectual property, real estate, construction and infrastructure, and technology, media and telecommunications. Our lawyers provide quality legal advice and support to clients across all of our practice areas.

Our business and regional footprint continues to grow, and we seek to expand further in line with our commitment to meet the needs of clients doing business across the MENA region.

About Nesrine Roudane

Nesrine Roudane has been a lawyer with the Casablanca Bar since 2002 and the Managing Partner of Roudane & Partners Law Firm since 2008. She is also a trained mediator and a commercial arbitrator. A former member of the Order Council of the Casablanca Bar, she currently acts as the Coordinating Officer of the International Bar Association's Arab Regional Forum (IBA/ARF) and also chairs the Start–Up and Venture Capital Commission of the Union Internationale des Avocats (UIA) and the Legal and Tax Commission of the French International Chamber of Commerce and Industry in Morocco (CFCIM). She is also a legal commentator and analyst for several Moroccan news organisations.

For more information, please visit www.tamimi.com.

Attachments


GLOBENEWSWIRE (Distribution ID 8505861)

Al Tamimi & Company advises Telecom Egypt to sign a reformed shareholder’s agreement with Vodafone Group

GIZA, Egypt, June 09, 2021 (GLOBE NEWSWIRE) — Telecom Egypt and Vodafone Group have signed a revised Shareholders' Agreement today, after nearly three years of negotiating a settlement. The agreement thoroughly stated certain variations to Vodafone's payment policy. Al Tamimi & Company have legally advised Telecom Egypt on renegotiating aspects of the shareholder's current agreement between Vodafone Group. The amended and restated shareholder's agreement is mainly targeting the mutual protection for the corporate domination and exit rights of both parties.

Ehab Taha, Partner and Head of Corporate Commercial, commented: "We are pleased to have advised Telecom Egypt on this amended shareholders agreement. This agreement enhances the rights of Telecom Egypt as a shareholder in Vodafone Egypt for Telecommunications and sets the way forward for a true partnership between Telecom Egypt and Vodafone Group for future years to come. The new agreement will lead to further stability and enhancement in the mobile telecommunication market in Egypt," Ehab Taha added.

Further developments after the restated signed agreement has been announced, Vodafone Egypt will have the accessibility to transfer its data within the wider Vodafone Group. TE still has its existing rights in the agreement and has obtained other superior rights, including access to information. Regarding payment terms, Vodafone Egypt already paid 2 billion EGP last March and still has to pay a dividend of 10 billion EGP to its shareholders during this year. Lastly, going forward both parties have agreed on an extra 60% of free cash flow.

For further information, please contact:

Zeina Makarem
Regional Marketing Manager, Al Tamimi & Company
E: z.makarem@tamimi.com
T: 01000484182

NOTES TO EDITORS

Al Tamimi & Company is the largest law firm in the Middle East with 17 offices across 9 countries. The firm has unrivalled experience, having operated in the region for over 30 years. Our lawyers combine international experience and qualifications with expert regional knowledge and understanding.

We are a full–service firm, specializing in advising and supporting major international corporations, banks and financial institutions, government organizations and local, regional and international companies. Our main areas of expertise include arbitration & litigation, banking & finance, corporate & commercial, intellectual property, real estate, construction & infrastructure, and technology, media & telecommunications. Our lawyers provide quality legal advice and support to clients across all of our practice areas.

Our business and regional footprint continues to grow, and we seek to expand further in line with our commitment to meet the needs of clients doing business across the MENA region.

For more information, please visit www.tamimi.com


GLOBENEWSWIRE (Distribution ID 8251592)

Al Tamimi & Company opens office in Port Said, Egypt, as it continues to invest in the MENA region

Star Capital Building), 10th Floor, Geziret El Arab Street, Mohandseen, Giza.– CAIRO, Egypt., March 31, 2021 (GLOBE NEWSWIRE) — Cairo, Egypt, 31st, March 2021 "" Al Tamimi & Company, the leading law firm in the Middle East and North Africa, builds on its strategic expansion plans in the African continent. With the establishment of the office in Port Said, one of the region's leading transhipment hubs, Al Tamimi & Company will provide critical guidance to companies navigating complex cross–border transactions in the maritime, shipping and customs sectors.

Samer Qudah, Managing Partner at Al Tamimi & Company commented:

"We have ambitious plans for the future and continue to invest in the region. We see many opportunities, especially in the African continent, and expanding our service offering and building on our presence in Egypt with the opening of an office in Port Said is a logical next step for us. We look forward to helping our clients achieve greater growth and stability in this rapidly evolving market."

Omar Omar, Head of Transport & Logistics commented:

"Opening this office in Port Said is not only testament to the commitment the firm has in the region and our expansion plans in Africa, but it also shows our commitment to the transport and logistics sector and more specifically our shipping clients. We continue to be very active in the region and benefit from the many opportunities the MENA region and Egypt specifically has to offer. We are proud that we can now support our clients with their queries on the ground in one of the region's major shipping hubs."

Ayman Nour, Head of Cairo office also commented:

"Port Said and Alexandria are the main stations for shipping and customs operations in the region and Egypt respectively. Opening an office there will signify the importance of our legal presence in the customs sector. This is an exciting opportunity for us to expand our legal services to our clients in additional sectors in Egypt and the investment shows a clear commitment to our existing clients and business partners".

The office will be led by Hany Maamoon, Senior Counsel and an experienced lawyer who is actively involved in the customs, insurance and transport sectors. Prior to joining Al Tamimi, Hany worked in the legal department of Port Said Port Authority, then joined a law firm in 2005 where he became a Partner. Hany was also admitted to the High Court of Appeals in Egypt, where he specialises in shipping law.

The opening of the Port Said office follows a range of recent investments in the firm's service offering in Egypt, where they most recently welcomed five banking and finance lawyers to its Cairo team and also invested in local resource based in Alexandria.


GLOBENEWSWIRE (Distribution ID 8209230)

Al Tamimi & Company opens office in Port Said, Egypt, as it continues to invest in the MENA region

Star Capital Building), 10th Floor, Geziret El Arab Street, Mohandseen, Giza.– CAIRO, Egypt., March 31, 2021 (GLOBE NEWSWIRE) — Cairo, Egypt, 31st, March 2021 "" Al Tamimi & Company, the leading law firm in the Middle East and North Africa, builds on its strategic expansion plans in the African continent. With the establishment of the office in Port Said, one of the region's leading transhipment hubs, Al Tamimi & Company will provide critical guidance to companies navigating complex cross–border transactions in the maritime, shipping and customs sectors.

Samer Qudah, Managing Partner at Al Tamimi & Company commented:

"We have ambitious plans for the future and continue to invest in the region. We see many opportunities, especially in the African continent, and expanding our service offering and building on our presence in Egypt with the opening of an office in Port Said is a logical next step for us. We look forward to helping our clients achieve greater growth and stability in this rapidly evolving market."

Omar Omar, Head of Transport & Logistics commented:

"Opening this office in Port Said is not only testament to the commitment the firm has in the region and our expansion plans in Africa, but it also shows our commitment to the transport and logistics sector and more specifically our shipping clients. We continue to be very active in the region and benefit from the many opportunities the MENA region and Egypt specifically has to offer. We are proud that we can now support our clients with their queries on the ground in one of the region's major shipping hubs."

Ayman Nour, Head of Cairo office also commented:

"Port Said and Alexandria are the main stations for shipping and customs operations in the region and Egypt respectively. Opening an office there will signify the importance of our legal presence in the customs sector. This is an exciting opportunity for us to expand our legal services to our clients in additional sectors in Egypt and the investment shows a clear commitment to our existing clients and business partners".

The office will be led by Hany Maamoon, Senior Counsel and an experienced lawyer who is actively involved in the customs, insurance and transport sectors. Prior to joining Al Tamimi, Hany worked in the legal department of Port Said Port Authority, then joined a law firm in 2005 where he became a Partner. Hany was also admitted to the High Court of Appeals in Egypt, where he specialises in shipping law.

The opening of the Port Said office follows a range of recent investments in the firm's service offering in Egypt, where they most recently welcomed five banking and finance lawyers to its Cairo team and also invested in local resource based in Alexandria.


GLOBENEWSWIRE (Distribution ID 8209230)