SME Times is powered by   
Search News
Just in:   • Biden administration forgives $4.7 billion loans to Ukraine  • Women entrepreneurs driving innovation, growth in gem & jewellery sector: Smriti Irani  • India’s export outlook brighter as manufactured goods gain share: RBI  • India’s consumer durable makers to log 11-12 pc growth in FY25  • SEBI’s proposal on SME IPOs: striking a delicate balance 
Last updated: 27 Sep, 2014  

Eversheds Opens Seventh Middle East Office in Kurdistan Region

PR Newswire | 21 Oct, 2013
LONDON: Global law firm Eversheds has announced today an expanse of its Middle East operations with the opening of a second office in Iraq, located in Erbil, Kurdistan Region.

The opening of the Erbil office will mark the opening of Eversheds' seventh office in the Middle East. The firm already has a strong foothold across the region with existing offices located in Amman (Jordan), Abu Dhabi and Dubai (the United Arab Emirates), Baghdad (Iraq), Doha (Qatar), and Riyadh (Saudi Arabia).

The decision to open in Erbil follows a real demand from  Eversheds clients, as the Kurdistan Region becomes an increasingly important hub for international business. In the first half of 2012 alone, the Kurdistan Region drew in $3.4 billion worth of foreign investment. Since the region's Investment Law was passed in 2006, the Kurdistan Region has attracted $21 billion in foreign and domestic private sector investment, $12.5 of which has gone to Erbil. 

The new Erbil office will operate in association with highly experienced local lawyers. 

Nasser Ali Khasawneh, Managing Partner Middle East, comments:

"Eversheds is the only global law firm to have offices in both Baghdad and Erbil; a real testament to the firm's investment in the Middle East. As a client centred law firm, we are keen to be able to service the demands of our clients wherever in the world they want to do business. The opening of an office in Kurdistan is a real response to client demand as we continue to set precedents across the globe."

Tawfiq Tabbaa, managing partner of the firms Iraq practice, comments:

"Our operations in this region have seen exponential growth over the last 12 months with many of our major global multinational clients looking to move into this emerging market. Opening an office in Erbil, will allow us to deliver high quality services on the ground to the large number of major global companies looking to invest in the region."

Notes to editors

About Eversheds LLP

Eversheds LLP and its world wide offices have over 4,500 people who provide services to the private and public sector business and finance community. Access to all these services is provided through 44 international offices in 26 jurisdictions. Eversheds combines local market knowledge and access with the specialisms, resources and international capability of one of the world's largest law firms.

http://www.eversheds.com

 

SOURCE Eversheds LLP

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter