Real Estate | 22 February 2018

The Public Contracts Regulations 2015 (PCR) (which implemented the 2014 Public Procurement Directive) created a new procedure known as competitive procedure with negotiation (CPN). For those bidding on complex infrastructure projects or other government contracts, the implications of CPN may not be immediately apparent. For a contracting authority, CPN provides an additional procurement option giving more flexibility (than a restricted procedure), more control over bidders (than an open procedure). A contracting authority developing an innovative product, services or works may consider that an innovation partnership is more suitable.

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Dispute Resolution | 24 January 2018

A is for award! It is essential to start with the end result in mind; the purpose of any arbitration is to secure an award that you can ratify and enforce against the respondent’s assets. An unenforceable award is worthless and unfortunately in the Gulf you have a greater chance of ending up in this position than in other parts of the world. It is therefore important to take legal advice at the outset about where you want to get to at the end of the arbitration and whether there is a clear road to the money! This will include advice on any issues in the contract documents which could affect the enforceability of an award that you secure at the end of arbitration such as the requisite authority of the person who signed the contract containing the arbitration agreement or the validity of the arbitration agreement. [Continue Reading]

Finance, TMT | 18 May 2017

It is difficult to work in financial services and not hear the word ‘fintech’ on a daily basis. But what is fintech and why the hype? In its purest form fintech is the fusion of financial services and technology. There is also ‘insurtech’ (the use of technology in insurance) and ‘regtech’ (the use of technology which enables financial services organisations to comply with their regulatory obligations).

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