CLA Malta signs MoU with leading Libyan firms, Tumi Law Firm and Ahmed Ghattour & Co

CLA Malta, a distinguished Maltese corporate and advisory firm, has entered into a Memorandum of Understanding (MOU) with two of Libya’s leading firms: Tumi Law Firm and Ahmed Ghattour & Co. Certified Public Accountants and Auditors. This MOU reflects the intent to collaborate strategically and explore joint initiatives to strengthen business relationships between Malta and Libya.

This agreement establishes a preliminary framework for future cooperation, focusing on facilitating corporate advisory services and mutual representation between the two nations. Through this MOU, CLA Malta, Tumi Law Firm, and Ahmed Ghattour & Co. aim to provide enhanced support to businesses seeking to navigate both the Maltese and Libyan markets.

“This MOU marks an important milestone in developing closer ties between businesses in Malta and Libya,” said Dennis Mark Gauci, Partner at CLA Malta. “By combining our advisory expertise with the local insights of Tumi Law Firm and Ahmed Ghattour & Co., we are laying the groundwork for future opportunities that will benefit both Maltese and Libyan enterprises.”

The MOU outlines various areas of cooperation, including providing businesses with office space in both countries, offering corporate and legal advisory support, and facilitating exchange visits between companies. It also highlights the development of joint marketing strategies and networking platforms designed to foster long-term partnerships between Maltese and Libyan businesses.

Mazen M Tumi, Managing Partner at Tumi Law Firm, commented: “This understanding opens the door for new collaborations that will encourage investment, provide access to essential advisory resources, and help businesses from both countries succeed in today’s competitive environment.”

Ahmed Ghattour, the Founder and Managing Partner of Ahmed Ghattour & Co Accounting, Tax, and Advisory firm, is pleased to announce the signing of a memorandum of understanding between three companies. This agreement aims to strengthen trade and economic relations between the countries of Libya and Malta.

Ahmed mentioned that “The collaboration between accounting, consulting, and legal companies in both countries will create investment opportunities and provide comprehensive banking, tax, and accounting consulting services. These services are designed for those interested in fostering economic cooperation and safeguarding the rights of investors in both nations.”

The MOU positions all three firms as the go-to partners for companies engaging in trade with Libya and vice versa, ensuring that businesses from both nations receive top-tier advisory and support services for seamless cross-border operations.