The Emirate of Dubai has opened the door for European companies to invest in 'Operation 300 Billion' – CERHA HEMPEL is part of the international legal consortium.
CERHA HEMPEL is part of an international consortium of law firms engaged by his Highness Sheikh Rashid Bin Ahmed Al Maktoum to provide exclusive legal advice on investments from the CEE and SEE region in projects connected to the national program 'Operation 300 Billion'.
The 10-year comprehensive strategy of the United Arab Emirates launched in March 2021 aims to empower and expand the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to national GDP from AED133 billion at present to AED300 billion by 2031.
Legal advisor and lead partner at CERHA HEMPEL Hungary is managing partner Tamás Polauf.
Other members of the consortium are Boros Arpad Andras law firm and SOG law firm, both leading international corporate law firms in CEE and the Balkans, with offices and partners all over Europe and around the world. All consortium members have a broad network of contacts and wide-ranging experience, enabling them to represent the Emirate of Dubai's interests efficiently.