Omar Elsayed is partner in Latham’s Dubai office and a member of the Corporate Department.
Mr. Elsayed’s practice focuses on mergers and acquisitions, capital markets, inbound and outbound investments, and project development and joint ventures. Previously, he worked as a legal counsel for SETE Technical Services, a contracting arm of the Latsis Group in the Middle East and Africa, operating from Jeddah, Saudi Arabia.
Following last month’s announcement by the Saudi Arabian Capital Market Authority (the CMA) of its proposal to permit participation by qualified financial institutions directly on the Kingdom’s stock exchange (the Tadawul), the CMA has now published its Draft Rules for public consultation. The Draft Rules include detailed provisions relating to qualified foreign investor (QFI) eligibility, … Continue Reading
Digital Identity Dominates Having a digital identity for online browsing, transactions and interactions has become necessary to operate in this information age. As more and more lifestyle and business services shift to the digital platform, there has been an explosive growth in personal data capture. The “Big Data” phenomenon has the potential to transform, innovate … Continue Reading
Although some surveys of privacy law suggest otherwise, privacy requirements do in fact exist in the Kingdom of Saudi Arabia (KSA)and are very relevant to companies operating there or seeking to provide services to customers in KSA. Background The paramount body of law in KSA is the Sharīʿah. The Sharīʿah is comprised of a collection … Continue Reading