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A Year-End Insight into Energy & Climate Law
This special edition of Law Update, marking Al Tamimi & Company’s 35th anniversary, explores the evolving legal landscape of energy and climate law across the region.
As the Middle East prioritises sustainable growth, this edition examines key developments shaping the future of the sector. From the UAE’s Federal Law No. 11 of 2024 to advancements in green hydrogen, solar financing, and carbon capture technology, we spotlight the innovative strides and challenges defining this critical area.
We also go into Saudi Arabia’s initiatives to integrate carbon capture into its industrial expansion and Egypt’s AFRICARBONEX platform, which underscores the region’s commitment to a sustainable and inclusive future.
Join us as we celebrate 35 years of legal excellence and forward-thinking insights, paving the way for a more sustainable tomorrow.
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A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Effective as of 21 January 2024: Foreign companies do not need a local agent to do business in Kuwait
Following the Kuwait law alert we issued last week, Law No.1 of the year 2024 (“Law 1/2024”), amending Article 24 of Decree No. (68) of 1980 promulgating the Commercial Law (“Commercial Law”) and Article 31 of Law No. (49) of 2016 promulgating the Public Tenders Law (“Tenders Law”) has been officially published in the Kuwait Official Gazette dated January 21 2024 and shall take effect from the date of its publication.
We anticipate that each Ministry will issue resolutions relating to Law 1/2024 and provide practical guidance to its implementation in due course.
Please see here for an informal translation of the amendments and the explanatory memorandum.
We are available to offer additional information on this recent development and can assist your organization in navigating the new regulatory landscape.
To learn more about the details of this alert, please reach out to one of our key contacts.
Key Contacts
o.saab@tamimi.comSpread the news
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