LONDON, October 21, 2013 /PRNewswire/ --
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.
SOURCE Eversheds LLP