The Chairman of the Abu Dhabi Judicial Department, H.H Mansour Bin Zayed Al Nahyan issued Decision No.25 (the “Decision”) on the 27th of September 2018 to regulate tenancy committees, disputes and procedures in the Emirate. The purpose of the Decision is to expedite tenancy dispute proceedings and to provide speedy resolutions: Under the Decision, the…
The Legal 500 & The In-House Lawyer Comparative Legal Guide UAE: Fintech This country-specific Q&A provides an overview to Fintech law in UAE. It will cover open banking, regulation of data, cryptocurrencies, blockchain, AI and insurtech. This Q&A is part of the global guide to Fintech and was contributed to by Nadim Bardawil and Tala Azar Read full…
The Legal 500 & The In-House Lawyer Comparative Legal Guide UAE: Arbitration This country-specific Q&A provides an overview of the legal framework and key issues surrounding arbitration law in United Arab Emirates . This Q&A, written by Partner, Antonios Dimitracopoulos, is part of the global guide to Arbitration. Read the full chapter here
Introduction Real property development in the United Arab Emirates (“UAE”) is often undertaken on a joint venture basis. The reasons are not dissimilar to other jurisdictions, and include the sharing of risk, specific development expertise, ownership restrictions of the real property and the increase in public private partnerships. It is vital that the joint development…
Earlier this year Saudi Arabia issued a historic new Bankruptcy Law (Saudi Arabia Royal Decree No. M5/1439 and Saudi Arabia Cabinet Decision No. 264/1439), the Kingdom’s Council of Ministers has adopted the new law’s Implementing Regulations in Saudi Arabia Cabinet Decision No. 622/1439 which was published in the Official Gazette, Issue 4744 on September 4,…
This country-specific Q&A, written by Jimmy Haoula and Tyne Hugo, provides an overview to bribery & corruption law in the UAE. The Guide covers the definition of bribery, regulation, compliance, liability and enforcement as well as insight and opinion and any upcoming legal changes planned for their respective country UAE_-Bribery-Corruption
Abstract The implementation of VAT in the UAE left many registrants under the VAT laws asking questions, especially when it first came into operation. Now, several months down the line there are still some key issues that are not easily deciphered. Luckily, there is an avenue to answer some of these issues where clarity is…
Oman laws reflect the fact that it is an Islamic country. Local traditions, customs, laws and religions shall be respected at all times and it is important to be aware of your actions to ensure that they don’t offend. The new Oman Penal Code, promulgated by the Royal Decree No. 7/2018, came into effect recently…
A new anti-harassment law in Saudi Arabia has significant implications for employers in the Kingdom. Marc Saroufim, Head of Corporate in Saudi Arabia at BSA Ahmad Bin Hezeem & Associates LLP examines key considerations. Read full article here
Brexit was a decision that shook the financial world. On June 23rd 2016, a sliver of a majority voted for the United Kingdom to exit the European Union (EU). The schism caused consternation, and the possible impacts of such a move saw the GBP plummet 10% the day the news came to light. Clarity has…
