Latching onto the tide of Chinese firms going global, Beijing-based firm Anli Partners has set up shop in Dubai through a tie-up with boutique firm Sulaiman Al-Naqbi.
The development highlights the growing need for cross-border legal services as Chinese businesses invest more in the Middle East.
The Dubai office, headed by managing partner Justin Li, a former regional legal counsel at Huawei Technologies in Middle East and North Africa, has 30 lawyers, counsel, and partners.
"We cover commercial law, corporate, construction, financing, and compliance. We have already started taking on clients in Dubai," Li said to China Business Law Journal.
Key highlights:
The collaboration agreement between both companies entails mutual office space, intended to improve service provision to Chinese and international clients. Anli Partners' Dubai branch will assist Chinese businesses in conforming to UAE regulations, compliance management, and dispute resolution.
Upon China and the Middle East reinforcing their collaboration through the Belt and Road Initiative, Chinese-funded businesses are investing aggressively in nine key sectors such as infrastructure, energy, digital economy, and finance," Li stated. "These investments drive a strong demand for legal services in compliance, contracts, and dispute resolution.
Also Read: Navigating China's Economic Crossroads
The growth is in line with the UAE's growing position as a gateway for Chinese businesses. UAE Minister of Economy Abdulla bin Touq Al Marri unveiled earlier this year that almost 15,500 Chinese businesses have ventured into the UAE market. With this partnership, Anli Partners is well-positioned to be one of the lead legal advisors for the next frontier of cross-border expansion.
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