Eversheds Opens Seventh Middle East Office in 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 inAmman (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.