According to data from the UAE Ministry of Economy, manufacturing contributed 14 per cent to the country’s GDP in 2014 and accounted for 53 per cent of the country’s non-oil exports. The UAE plans to attract $75 billion by 2025 into the country’s new industrial manufacturing sector. In his inaugural address at the world’s first Global Manufacturing and Industrialisation Summit, Sultan Bin Saeed Al Mansouri also said the manufacturing sector will contribute as much as 25 per cent towards the country’s GDP by 2025. This expansion will be backed by government efforts to implement an industrialisation strategy.
At Yungo we advise clients on their day-to- day operational issues as well as assisting with restructuring and sophisticated transactions that are critical to their success. We have a wealth of experience and a track-record of successfully achieving our clients’ goals, reflecting our creativity and innovation as well as our commitment to finding the right and most efficient solution for our clients, no matter what the circumstances. We understand that, in order to provide effective representation to a manufacturing client, it is imperative to fully understand its business, including its supply chain, products, markets, contracts, and trade channels. It is equally important that we develop relationships of trust with the client’s management team, so that we can be a true value-added partner that helps each client to meet the business and legal challenges of the very competitive environment in which it operates.
Our technical legal knowledge supports our desire to always understand the business from our clients’ point of view. This exceptional commercial awareness constantly shapes our legal perspective. We bring a depth of experience not often found in firms of our size, as well as a practical, cost-effective, and team-oriented approach to solving problems.
Services provided include the following:
- Restructuring manufacturing businesses or preparing them for structural change;
- Acquiring or merging competing and non-competing businesses;
- Negotiating and managing commercial supplier or distribution agreements;
- Launching products or services;
- Protecting and leveraging intellectual property;
- Assisting with financial growth;
- HR and personnel issues;
- Purchasing, selling and managing industrial and commercial property; and
- Disputes over intellectual property, shares or ownership, commercial contracts or property.
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