Clyde & Co is first international law firm to open in Libya post-Arab Spring
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Thu July 12, 2012 12:07 pm
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UAE. Clyde & Co will operate from Tripoli Tower and will be open from 1 August 2012.
 
Libyan lawyer Albudery Shariha will join Clyde & Co from the Libyan Investment Authority, where he was General Counsel, to head the Tripoli office. He will be joined by four associates on 1 August and, given the level of enquiries received, Clyde & Co will be actively recruiting both Libyan and international lawyers in the coming months.

The Tripoli-based team will be supported by dedicated multilingual Libya desks in London, Abu Dhabi and Dubai.
 
Albudery Shariha said: "Libya is embarking on an exciting new phase this month and there are significant opportunities as the country rebuilds. Clyde & Co, with its long history of Middle East and African involvement and its energy and infrastructure expertise, is perfectly placed to advise clients looking to the Libyan market.
 
Adrian Creed said: "Albudery is one of the foremost lawyers in Libya and we are delighted that he is driving forward this initiative. His expertise will be invaluable. We expect to undertake a mix of contentious and non-contentious work for Libyan government entities and international clients. A large number of companies are actively exploring opportunities in Libya and we envision a steady increase in activity."
 
Clyde & Co partner and board member Ben Knowles said: "Clyde & Co has never shied away from working in fast-moving and challenging jurisdictions. As patterns of global trade have shifted, the firm has actively invested in our emerging markets network to meet the evolving needs of our clients. We are thrilled to launch in Tripoli and to build on our existing Libyan practice. We believe the office has huge growth potential."
 
The firm has been present for nearly 25 years in the Middle East with offices in Abu Dhabi, Dubai, Doha and via an associated office in Riyadh. Clyde & Co is currently advising the Libyan Government on a number of matters.

Photo: Ben Knowles, Clyde & Co partner and board member. 
 
 
About Clyde & Co
Clyde & Co is a global law firm with a pioneering heritage and a resolute focus on its core sectors of aviation, energy, infrastructure, insurance, marine, professional practices and trade. With over 1,350 lawyers operating from 27 offices in five continents, the firm advises corporations, financial institutions, private individuals and government bodies. The firm has a particularly strong reputation for its work on complex cross-jurisdictional disputes and transactional matters.
 
The firm is renowned for its work in emerging markets, being the largest international firm in the Middle East and with a rapidly expanding network across Asia, Latin America and Africa.
 
Clyde & Co offices include: Abu Dhabi, Belgrade*, Caracas, Dar es Salaam, Doha, Dubai, Guildford, Hong Kong, London, Manchester, Montreal, Moscow, Mumbai*, Nantes, New Delhi*, New Jersey, New York, Oxford, Paris, Piraeus, Rio de Janeiro, Riyadh*, San Francisco, Shanghai, Singapore, St Petersburg*, Toronto

The firm has recently announced that it will open offices in Australia in Sydney and Perth on 1 October 2012and has alliances with Khan Lex Advocates in Mongolia and Scanlen and Holderness in Zimbabwe.

*associated offices

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 4, 2015
UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
date:Posted: August 4, 2015
EGYPT. Latest data painted a bleak picture; Business conditions worsened amid declines in output, new orders and employment, although the respective rates of contraction were only slight.
date:Posted: August 4, 2015
SAUDI ARABIA. Stronger growth of the sector as a whole was mainly driven by sharper expansions in both output and new orders, while purchasing activity also rose more quickly; However, data for employment bucked the general trend, as the rate of hiring eased to a 14-month low.
SAUDI ARABIA. Office and residential sectors are positioned for further rental growth during remainder of 2015; Hotel and retail sectors appear closer to the peak; Residential market remains mixed, with apartments seeing continued rental growth while villa rents have declined.
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