With the participation of a number of key players leading entrepreneurial ecosystem in IRAQ and based on the invitation address to our firm by The Station Workplace, a team of our firm has participated the first round of the Roundtable discussions held at The Station Place in December 2020, that aims to specify an agreed definition for start-ups and entrepreneur projects which represents one of the top challenges facing start-ups and entrepreneur projects in Iraq (based on the questionnaire conducted with 105 persons and start-ups projects in addition to individually conducted interviews with 21 experts in different sectors) and an essential starting point for setting related laws and activating the law drafts concerning the same (if any) to comply with the current start-ups volume, orientation and capabilities. The session has monitored and discussed the fundamental criteria governing the definition of these projects taking on consideration those adopted in other countries, and the possibility to apply these criteria or reform them in suggesting and implementing customized criteria that fits the needs and unique nature of IRAQ.

It has also discussed other challenges facing start-ups in the country and suggested solutions to reduce/eliminate these challenges under the current circumstances, such as the registration of a start-up project, as well as privileges and support could be obtained from official authorities.

The session was attended by participants representing multiple institutions and companies such as ZAIN, UNITAR, UNDP, DOINC, CIPE, The Station, KAPITA, as well as independent experts, and volunteers.

Other sessions are scheduled to take place later on to complete the discussions and researches regarding the session objectives to come up with a list of recommendations to be shared with the concerned authorities in the IRAQI state aiming to get these recommendations officially considered to correspond to the current needs.

Picture from the session are attached.

Al Muhamoon Al Mutahidoon firm and in cooperation with KAPITA company, in issuing the updated version of the Roadmap Start-up Iraq Guide prepared in cooperation with the Embassy of the Netherland and Orange Corners Iraq. The Guide highlights the types of companies permitted under the Iraqi Law, companies’ registration procedures, required documents in addition to identifying the main features of registering start up projects from legal and commercial point of view, allowing start-up projects to have an integrated picture and setting a sustainable roadmap for their projects resulting in a long-term success.

Full English guide could be downloaded from below link:

Kapita_roadmap guide_english_v1

As a part of our firm endeavors in supporting Business Start-Ups and SME’s in Iraq for transforming entrepreneurial ideas into reliable projects within a legal framework, our firm has played an effective role during the Business meet-up organized by KAPITA in their office in Baghdad. Where several reputable companies, besides Al Muhamoon Al Mutahidoon, has attended the event such as Asiacell, General Electric, Pfizer as well as an elite of entrepreneurs in different sectors and from different ages. Further the meet-up was attended by a group of investors keen on to know about the new projects and ideas brought up by entrepreneurs.

The Meet-up has discussed the importance to support business start-ups environment for growing and taking its role towards achieving its endeavors and objectives in maintaining and developing its projects, and for expanding its role in backing up the private sector economy and enlarging its role in the society through the services it provides as well as job opportunities created by such projects. The participants have also discussed the challenges confront both entrepreneurs and investors financing the projects, and the means to reduce/eliminate these challenges for more smooth communication between the main parties in this process (investors & entrepreneurs) for achieving the optimum outcomes with less cost and time.

Al Muhamoon Al Mutahidoon played an effective role to simply spotlight the significance of the legal aspect in activating and strengthen Business Start-ups and regulating the relation between the investor and the entrepreneur in the correct legal manner that would support the sustainability and development of a project on the long term and through its different stages. And further discussing the optimum legal solutions available for registering the new businesses and related activities, and legal means to protect the intellectual property for the entrepreneurs through holding diversified panel discussions with the participants.

Al Muhamoon Al Mutahidoon is always keen on to to providing its support for Business start-ups with all available means aiming to contribute to rebound the Iraqi economy and back up entrepreneurs in all fields.

Below are some photos from the Meet-up.

Our firm (represented by its Managing Director Esq. Muqdad Sami Al Juboori) has recently attended the First Sports Arbitration conference organized by the International Academy for Mediation and Arbitration.
The conference discussed different topics related to intellectual property and sports clubs and was attended by an elite group of experts in this sector.

The conference came up with a list of recommendations that could be accessed through below link:

Sports arbitration conference_recommendations list

It is our great pleasure to announce concluding a Cooperation Agreement with Emara & Soliman International Law Firm/Egypt. Where signing this agreement comes in line with our firm endeavors exchanging experiences with international and regional firms. whereas Emara & Soliman Firm is considered one of the featured legal firms in Egypt with unique and modern vision in the legal sector. For more information about Emara & Soliman services and experiences, please visit their website at https://emarasoliman.com/home/