Insight Category: News
On 31 July 2024, under Federal Decree Law No. 9 of 2024, the UAE legislator replaced Articles 54 and 60 of Federal Decree Law No. 33 of 2021 regulating Labour Relations (the “Labour Law”) with new provisions. These amendments reflect significant enhancements in the dispute resolution process for small employment disputes, marking a shift in… Continue reading UAE Labour Law Amendments: Enhanced Penalties and Strengthened Employee Protections in 2024...
On Sunday 11th August, 2024, the UAE introduced a new Federal Decree-Law to amend provisions of the existing law on anti-money laundering. To explain the changes and highlight new committees, Lily Eid spoke to Arabian Business to answer a series of questions regarding the UAE’s AML Laws. 1) Can you explain the legal implications of the new… Continue reading UAE tightens anti-money laundering laws, forms new committees to fight financial crime...
Under Article 104 of the Interim Constitution of the United Arab Emirates (“UAE”), each emirate maintains its own independent judicial system, except for matters specifically assigned to the federal courts. For example, the judiciary in the Emirate of Dubai operates independently from both the federal judiciary and the local judiciaries of other emirates. All courts… Continue reading Resolving a Jurisdictional Conflict in the UAE...
On 24th July 2024, the Ministry of Labour issued a statement outlining several new measures to regulate the employment sector in Oman. These decisions, set to be implemented in September 2024, are aimed at increasing Omanisation and ensuring compliance with requisite labour standards in Oman. Below are the key points from the Ministry’s decisions: i.… Continue reading Oman Ministry of Labour’s new regulations to boost Omanisation...
A routine software update by cybersecurity giant CrowdStrike recently triggered a cascading global IT outage. A flaw in CrowdStrike’s antivirus software update targeted specifically at Windows devices inadvertently disrupted critical systems worldwide. Payment systems faltered, banks struggled to process transactions, and airports faced operational disruptions. The incident serves as a stark reminder of the vulnerabilities… Continue reading CrowdStrike Incident Prompts Overview of UAE Cybersecurity Legislation...
The Executive Regulations are yet to be issued, allowing data controllers ample time to adapt to the law, but in their absence, the transition may be incomplete and counterproductive. The UAE legislator was among the first in the region to introduce a standalone data privacy law in September 2021, Federal Decree Law No. 45 of… Continue reading Data Protection in the UAE: Why are the Executive Regulations so essential?...
The new law highlights the UAE’s commitment to free market principles whilst ensuring that it remains a world class competitive market for its consumers. Recently the UAE Federal Government promulgated Federal Decree Law No. 36/2023 on the Regulation of Competition (“the New Competition Law”) which came into effect on 29 December 2023. The New Competition… Continue reading Curbing monopolistic practices under the UAE’s New Competition Law...
You can download the PDF version here. I INTRODUCTION Saudi Arabia is returning to space with a bold vision, over 37 years after Prince Sultan ibn Salman Al Saud’s space trip that made him the first Saudi Arabian citizen, Arab, Muslim, and the first member of a royal family to ever visit the final frontier. Nowadays,… Continue reading A general introduction to Space Law in Saudi Arabia...
The UAE strategic location with access to international markets and a strong legal framework that supports business operations and wealth management enhance its appeal as a premier destination for wealthy individuals seeking a dynamic and secure place to grow and protect their wealth. High net worth individuals (HNWIs) living in the UAE enjoy a favourable… Continue reading Revealed: Tax strategies for high-net-worth individuals in the UAE...
When a judgment is handed down ordering a debtor to pay compensation, it is possible for the creditor to submit a request to the Execution Judge to seize and issue circulars against the assets of the debtor, such as bank accounts and vehicles, or impose travel bans on the debtor until the full settlement is… Continue reading Lifting the Burden on Debtors: Dubai Courts Facilitate the Ease of Settling Debt...