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
Dubai, a thriving global city known for its multicultural society, is making significant advancements in safeguarding the family rights of expatriate families under its family law framework. In this legal news update, we explore the recent developments and key provisions that empower expatriate families residing in the heart of the United Arab Emirates. Recognition of...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
Are you aware of the legal intricacies surrounding bankruptcy proceedings in the United Arab Emirates (UAE)? In recent years, Dubai Courts have witnessed a surge in debtor-led bankruptcy cases, shedding light on the complex interplay between civil and criminal law, as well as the liability of company directors and managers. Let’s delve into this multifaceted...Read More
Dubai’s real estate market is attractive to many, thanks to its high standard of living and secure environment. But when buying property, the ownership structure you choose can significantly impact your investment. However, ensuring your Dubai property deal is safe requires understanding the ownership structures and legal procedures involved. Here’s what you need know: Understanding...Read More
In this series of frequently asked questions (FAQs), we delve into the diverse landscape of Sharjah Free Zones business hubs, each designed to cater to unique industries and entrepreneurial needs. From the established Sharjah Airport International Free Zone (SAIFZ) to the innovative Sharjah Media City (SHAMS), the publishing-focused Sharjah Publishing City Free Zone (SPCFZ), the...Read More
Did you know that Dubai’s South Free Zone spans 140 square kilometers, making it a logistical and aviation powerhouse? Or that it allows 100% repatriation of capital, giving your business unparalleled financial flexibility? Well, welcome to the gateway of opportunities in the heart of Dubai South! Whether you’re launching a startup or expanding your business...Read More
