The United Arab Emirates (UAE) has emerged as a hotspot for real estate investment, attracting both local and international buyers. Its booming economy, appealing tax benefits, and stable political environment make it an attractive destination. However, delving into the real estate market in the UAE comes with its complexities. In this guide, we will explore...Read More
Understanding and securing comprehensive liability coverage is a fundamental aspect of risk management. Commercial General Liability (CGL) policies, often regarded as a standard in the UAE, play a pivotal role in safeguarding businesses against various liabilities. In this guide, we will explore the key components of CGL policies, shedding light on essential legal aspects to...Read More
Dubai, UAE – In a ground-breaking move, Dubai has recently unveiled a new set of laws that are set to redefine property rights in the city. These laws, specifically related to “Mustaha Rights,” are creating waves in the real estate sector and sparking discussions among both investors and residents. What Are Mustaha Rights? Mustaha Rights,...Read More
In a bid to fortify its financial sector against the menace of money laundering, Dubai has introduced a series of ground-breaking changes to its Anti-Money Laundering (AML) regulations. These proactive measures signal Dubai’s commitment to maintaining a robust and transparent financial ecosystem. The New AML Landscape in Dubai Dubai’s revised AML framework encompasses several key...Read More
Timing is everything. Imagine a scenario where a legitimate claim, otherwise strong and just, is dismissed merely because it was not presented within the prescribed time frame. The concept of the limitation period in the UAE legal system is akin to the ticking clock. Let’s delve into the intricacies of this temporal dimension, exploring its...Read More
Weathering storms is a part of life, but when those storms bring more than just rain, questions about insurance coverage start pouring in. In this legal exploration, we delve into the intricacies of insurance policies in the face of rain-induced havoc, including rain damage claims in the UAE, deciphering the legal nuances to help you...Read More
In the ever-evolving landscape of dispute resolution, the United Arab Emirates (UAE) has taken a significant stride with the introduction of the DIAC Mediation Rules 2023. This marks a pivotal moment for the UAE’s legal framework, offering parties an innovative and streamlined approach to resolving disputes. Let’s delve into the key features of these rules...Read More
The Dubai Court of Cassation recently rendered significant decisions, shedding light on the scope of arbitration clauses in construction contracts, specifically regarding subsequent purchase orders. In Case No. 828 of 2023, the Court clarified that an arbitration clauses in the original contract extends to cover disputes arising from subsequent purchase orders related to the same...Read More
Q1: What is a Joint Venture, and Why Should I Consider It in the UAE? Answer: A joint venture (JV) is a business arrangement where two or more companies come together to collaborate on a specific project or goal while remaining independent entities. In the UAE, it’s a popular choice for foreign investors looking to...Read More
Dubai, a city known for its futuristic skyline and bustling streets, has always been at the forefront of innovation. In a bid to enhance road safety, reduce accidents, and improve the overall traffic flow, Dubai’s authorities have recently implemented several key amendments to Dubai traffic laws. In this legal news blog, we will explore these...Read More
