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The 2025 Healthcare Odyssey
Welcome to the first edition of Law Update for 2025. As we begin this exciting year, we are pleased to turn our attention to one of the most dynamic sectors in the UAE and the broader GCC region – healthcare. Over the past several years, the region has seen unprecedented growth in this sector, driven by legislative advancements, technological innovations, and the increasing focus on sustainability and AI. As such, healthcare is set to be one of the most important sectors in the coming decade.
In this issue, we explore key themes that are significantly shaping the future of healthcare in the UAE, such as recent changes in foreign ownership laws. These reforms present a major opportunity for foreign investors, opening up new avenues for international collaborations and improving the overall healthcare infrastructure. The changes in ownership laws are an important milestone, and we provide an analysis of what this means for the industry and the various players involved.
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Biography
Omar Alhumaid is a Partner in the corporate practice in Riyadh.
Omar is a Saudi qualified lawyer, prior to joining Al Tamimi and Company Omar has completed his training with a leading international law firm. He was part of the Corporate team involved in advising national and multinational companies and foreign investors.
Recent Experience
- Advising foreign investors on the proposed corporate structure for their operations in KSA and incorporating the same.
- Advising a semi governmental entity in Jubail, In respect of a due diligence report for telecommunication infrastructure project.
- Advising the Ministry of Municipal & Rural Affairs (MoMRA) in relation to developing their investment contracts.
- Representing multinational optical company in the acquisition of a stake in a Saudi optical group.
- Represented a US company on a multi million sale and purchase agreement, also involved on drafting the agreement and the promissory note.
- Advising Platinum Equity Advisors in relation to the acquisition of Johnson & Johnson’s LifeScan business in Saudi Arabia.
- Assisting on reviewing and drafting the articles of associations for one of Aramco’s largest JV in the Eastern Province.
- Assisting multinational Information Technology Company in the acquisition of a KSA based IT company and assisting in carrying out the legal due diligence work.
- Advising UK educational institutions on the restructuring of their JV in KSA.
- Assisting McAfee on their spin off from Intel and representing them in KSA.
Language(s)
- Arabic
- English
Education
2016 – International Commercial Law LLM, University of Leicester
2014 – Business Law LLB (Hons), De Montfort University
Admission
Ministry of Justice Practicing License
Practice(s)
Insights
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