Lebanese Law Firm Hage-Chahine and Kuwaiti Law Firm Al-Yaqout and Al-Fouzan Legal Group have announced the signing of a strategic memorandum of understanding which aims at enhancing the capabilities of firms to provide integrated legal services to their clients in the region and expand on a regional level.
The aim of this MOU is to exchange knowledge and expertise between the two firms and develop new strategies that enhance the quality of legal services provided to clients. It is expected that clients will benefit from this collaboration by receiving world-class legal support in various legal areas, including commercial and financial matters, real estate law, intellectual property rights, and more.
DrProf. Najib Hage-Chahine, the Managing Partner of Hage-Chahine Law Firm, also emphasized the importance of the agreement in expanding into the Gulf region and providing cross-border legal support to clients regarding Kuwaiti legislation and markets. This agreement also reflects the significance of trade exchange between Kuwait and Lebanon and investment in various sectors such as banking, real estate, food industries, energy, infrastructure, and tourism.
Khalifah Al-Yaqout, the Managing Partner of Al-Yaqout and Al-Fouzan Legal Group, stated that the signing of this MOU is a part of the group’s vision to expand regionally through cooperation and partnership with renowned local firms that provide legal support with international standards and quality, such as Hage-Chahine Law Firm. This partnership is expected to strategically enhance the interests of the group’s clients through cooperation in various jurisdictions.