Chris Burke for The National
Chris Burke for The National

Faraj Ahnish: Libya's legal champion in the UAE



Faraj Ahnish is one of the UAE's sharpest and busiest legal minds.

The prominent lawyer advises the Government on legislation, and as managing partner of Hadef & Partners in Abu Dhabi, he oversees day-to-day operations at one of the biggest Emirati local firms. More recently, he has begun to help to arrange aid for Libya and draft a constitution for a new government in the country where he grew up.

Biobox: Faraj Ahnish Managing partner of Hadef & Partners

Since 1990, he has been the managing director of Hadef, managing day-to-day operations at the law firm.

Wrote a book, The International Law of Maritime Boundaries and the Practice of States in the Mediterranean Area, published in 1993 by Clarendon Press.

Is licensed to appear in the UAE's federal courts.

With his strong ties to Libya, Mr Ahnish has long been involved with causes there. He got his first law degree from Benghazi university before studying international law in Britain at Hull and Cambridge universities. He is also a trustee of World For Libya, a UK-registered charity founded soon after popular unrest began in February.

In another of his many roles in law and business, he is a senior adviser to the Mercantile Group, a London-based investment company that has offices in Tripoli. The company was founded by Mohamed Moussa, who formed Libya's home and immigration departments and the Libyan Social Security fund after independence from Italy in 1951 but left politics before Muammar Qaddafi took over in the late 1960s.

The Mercantile Group last year said it was building Libya's largest private hospital, and has made numerous investments across the region, including in Arqaam Capital, an investment bank in Dubai. It is also a large shareholder in Mediterranean Bank, one of Benghazi's largest banks.

Mr Ahnish has been practising law in the Emirates virtually since Hadef's founding in 1980, when it was called Hadef Al Dhahiri & Associates after its founder, the UAE's Minister of Justice. Back then, Mr Ahnish recalls, it was a boutique firm with just a few support staff. But he and the other partners have transformed it into a firm with about 80 full-time lawyers.

Hadef added 10 more lawyers this summer, partly to address growing demand for legal services after the global financial crisis.

"The legal landscape in the UAE continues to evolve and we experience a growing demand for our specialised legal service and depth of knowledge of local law and practice," Mr Ahnish said after the additions. "Our large litigation and arbitration teams are also very busy as the volume of disputes continues to develop."

In his tenure at Hadef, Mr Ahnish has both championed and helped to shape legal reforms, including laws that set the stage for the public listings of some of the country's biggest companies. Many companies seeking listings on UAE markets still use the legal procedures and prospectus formats Hadef pioneered. As part of his contribution to the development of local markets, he also played a role in the founding of Aldar, Abu Dhabi's biggest property company, in 2005.

He has also had a hand in other laws and reforms. Two years ago, he praised the decision to scrap minimum capital requirements for limited liability companies. That move was meant to remove barriers for business start-ups.

"It's a step forward towards streamlining and opening the environment in the UAE for investments," he said after the minimums were removed. "There's a lot that needs to be done, but this shows the decision-makers are aware of the importance of improving the investment environment."

Mr Ahnish has also had a role in foreign court cases involving Abu Dhabi Government interests. In one case in 2009, he submitted a brief to a Texas court considering a case against a member of the Abu Dhabi Royal Family. The brief was instrumental in securing a dismissal of the case on the grounds that the defendant was not properly served with legal documents in the UAE.

The brief provided "a sufficient basis for dismissing the claim for lack of jurisdiction without having to consider other motions for dismissal as brought by the defendant", Mr Ahnish wrote in a summary of the case.

Hadef's expansion comes as many law firms in the Emirates look to broaden their footprints in the region after a period of contraction during the crisis. A litany of disputes springing from the financial crisis and a number of major company restructurings have meant more business for many of the country's law firms.

In addition to his role at Hadef, Mr Ahnish is a sponsor and legal adviser to the Abu Dhabi branch of Jasper Capital, an investment banking and management consulting company based in the UK.

He also serves on the human resources advisory committee to the board of Green Crescent Insurance, a company listed in Abu Dhabi.

These days, though, Mr Ahnish is spending much of his time on Libya. Rebels are still fighting for full control of the country as the National Transitional Council - the country's de-facto government - tries to stabilise Tripoli and other cities they have overtaken.

Doctors and medical supplies are needed, something charities such as World for Libya are trying to address. Other needs are likely to emerge, including legal and constitutional matters, in which prominent lawyers such as Mr Ahnish will have a key role.

UAE currency: the story behind the money in your pockets
The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

Naga
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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

ALRAWABI%20SCHOOL%20FOR%20GIRLS
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NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Top%2010%20most%20competitive%20economies
%3Cp%3E1.%20Singapore%0D%3Cbr%3E2.%20Switzerland%0D%3Cbr%3E3.%20Denmark%0D%3Cbr%3E4.%20Ireland%0D%3Cbr%3E5.%20Hong%20Kong%0D%3Cbr%3E6.%20Sweden%0D%3Cbr%3E7.%20UAE%0D%3Cbr%3E8.%20Taiwan%0D%3Cbr%3E9.%20Netherlands%0D%3Cbr%3E10.%20Norway%0D%3Cbr%3E%3C%2Fp%3E%0A
SUZUME
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The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia