Insight Category: News
The United Arab Emirates has made substantial updates to its employment laws with the introduction of Federal Decree-Law No. 9 of 2024. These changes underscore the UAE’s commitment to fostering a balanced and transparent employment market. The amendments aim to enhance employees’ protections, streamline dispute resolution processes, and impose stricter penalties for non-compliance. Key Highlights… Continue reading UAE introduces new amendments to its Employment Law...
The United Arab Emirates has unveiled a sweeping overhaul of its residency laws for 2025, solidifying its position as a global hub for talent, investment, and family life. These comprehensive reforms reflect the nation’s commitment to progressive governance and sustainable growth, fostering an environment that attracts and retains top talent while enhancing the quality of… Continue reading UAE ushers in a new era of residency with transformative 2025 reforms...
This is originally published in Arabian Business. What types of intellectual property licenses are recognized under UAE law, and how does the licensing framework differ for trademarks, patents, and copyrights? UAE law recognizes licenses for various forms of intellectual property, including trademarks, patents, and copyrights. Key types include: 1. Trademark Licenses Governed by Federal Decree-Law… Continue reading UAE Intellectual Property laws explained: Are your business assets protected?...
The Dubai Land Department (DLD) has recently introduced an update allowing the owners of 128 plots in Sheikh Zayed Road (from the Trade Center roundabout to the Water Canal) and 329 plots in Al Jaddaf to convert their property status to freehold. Accordingly, the Dubai Land Department amended Article 3 of Regulation No. (3) of… Continue reading Timely decision by Dubai government to expand freehold areas creating new joint venture opportunities...
In a business situation, particularly in cases involving the sale or purchase, or partial sale or purchase, of an asset, a party may seek to secure future rights to acquire something which still vests in the other party. In such cases the rights may come in the form of an option or a right of… Continue reading Heads or tails – Two sides of the same coin: A look at the fundamental differences between an option and a right of first refusal...
This article analyses a significant ruling issued by the Dubai Court of Cassation in Case No. 445 / 2024 / 208, which involved a financial claim arising from a subcontract dispute. The case sheds light on the need for clarity in drafting arbitration clauses in commercial contracts and the requirement for such clauses to exclude… Continue reading Successful Challenge of Ambiguous Arbitration Clause...
In a recent judgment issued by the Dubai Court of Cassation in Case Number 440-2024-329, key principles regarding the statute of limitations applicable to promissory notes were clarified. The court’s decision addressed the proper interpretation of the limitation period for claims arising from promissory notes, emphasising the importance of distinguishing between negotiable instruments subject to… Continue reading Dubai Court of Cassation Clarifies Limitation Periods for Promissory Notes in UAE Commercial Transactions...
In a recent judgment (Case No. 440 of 2024, Civil Arbitration), the Dubai Court of Cassation has confirmed the position on the enforceability of arbitration clauses embedded in general terms of insurance policies. This ruling highlights critical considerations for insurers, policyholders, and legal practitioners dealing with arbitration clauses in the UAE. Factual Background The dispute… Continue reading Dubai Court of Cassation Ruling Nullifies Arbitration Clauses within UAE Insurance Policies...
