This page contains a Flash digital edition of a book.
86


investing and doing business in the arab world PinSEnt MASonS


As more and more foreign nationals look to the UAE for investment and business opportunities, Finance Monthly takes the opportunity to learn more about this rapidly expanding market. Here, we speak to Sachin Kerur, head of international law firm, Pinsent Masons UAE. This is a well-established firm that can boast 30 years of experience working within the Gulf region, making Sachin more than well-placed to comment on the issues that surround investing and doing business in the Arab world.


Q


Please introduce yourself, your areas of specialism and your firm profile?


I specialise in advising government departments and the private sector on privatised and publicly procured infrastructure and development works, with particular attention on the Gulf and India. Our firm handles challenging and complex legal


business needs across a wide variety of market sectors and jurisdictions and were proud to be named ‘UAE Full Service Law Firm 2010’ by ACQ Magazine. A particular feature of Pinsent Masons is our sector


approach. Clients value our knowledge and ability to deliver legal solutions from an industry perspective. Bringing together all our experience of working in these sectors and markets on a wide range of legal matters ensures we apply our technical expertise to the best commercial effect within the context of our clients' strategic and operational needs. In the Gulf we focus on construction, real estate, energy, technology and retail and leisure.


Q


What expertise do you offer local and foreign clients?


Our international and regional experience enables us to support international and local companies on their business activities within the Gulf as well as their ventures outside the region, particularly in Europe and Asia. We offer the full range of legal services including construction and infrastructure (we have the largest single team of construction specialists in the Gulf); corporate and commercial services, including offering advice on doing business and setting up in the region; dispute avoidance and resolution; Islamic finance; real estate and technology, as well as media and telecommunications.


Q


What recent transaction(s) have you been working on?


Much of our work is confidential. However, recent examples include advising corporations who are contracting for construction projects, involving university campuses, rail systems and airports and


fi MONTHLY MARCH 2011 Sachin Kerur


company asset disposals, acquisitions and listings on capital markets. We are also currently advising on telecommunications licensing and regulatory work.


What are the main challenges and complexities for you and your company regarding business in the Arab World (UAE)?


Q


This is a relatively young legal market where the interpretation of laws can sometimes be a challenge. There are a variety of jurisdictions which all have their own nuances. Corporate structures can also be quite different to structures seen elsewhere.


Q


How will the UAE/ Arab World business environment develop over the next 3-5 years and what should foreign investors be aware of?


We will see a raft of legislation directed at increasing foreign direct investment. There will be an emphasis on corporate governance and an increase in regulation in key sectors of the economy. There will also be more opportunity for the private sector to take lead in public infrastructure development. fi


visit www.finance-monthly.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128