Greek legal practice Glykos, which advises on issues including property search and mortgage control, plans to open an office in the UAE.
Glykos wants to enter the UAE through strategic partnerships with companies in a host of business sectors including real estate, tourism, start-ups, and energy.
“As one of the most experienced law firms in Europe, Glykos is now seeking to expand its operations and position itself as a global law expert,” said Christina Glykou, co-owner at Glykos.
“The Middle East and its vibrant economy is ideal as it’s a perfect fit for us especially in areas that we have excelled at for decades. Through the UAE as our gateway to the expansive region, Glykos will bring best-in-class legal services that will drive businesses and in turn rejuvenate the industry.”
Glykos said it hoped strategic partnerships with UAE companies in sectors such as real estate and tourism would boost two-way trade and investment between Greece and the UAE.
"Our unrivalled expertise in business law, for instance, will help international and local companies that are looking to kick-start their expansion drive either through franchising or dealership or those that are seeking business refinement as well as national, community and international trademarks registration services,” Glykou added.
The UAE legal sector, like many other markets in the country, continues to build a strong reputation. Over 240 international law partners are now based in Dubai, with 80 in Abu Dhabi, according to the 2017 The Lawyer Global 200 report.
Upcoming construction projects across the UAE is likely to fuel demand for legal expertise, which could in turn spark in influx in international lawyers looking to provide legal counsel.
Glykou added: The UAE holds a liberal prospect. It has a modern, high quality business infrastructure, a beneficial tax plan for businesses and individuals, and a stable business climate. As for the legal companies, the strong friendship between Greece and the UAE provides a unique opportunity for further cooperation in investments between the two nations.”