Insight Category: News
The recent news of Financial Times Stock Exchange (“FTSE”) 100 companies failing on credible climate transition plan has wider implications in the context of the current environmental, social and corporate governance (“ESG”) reporting landscape in the MENA region. This raises questions about how large firms and companies in the region compare regarding credible transition plans.… Continue reading Unveiling the Green Facade: Comparing FTSE100s and MENA’s progress in climate transition planning...
Human egg freezing (mature oocyte cryopreservation) is a medical procedure that has become increasingly popular worldwide over recent years. Individuals choose to freeze their eggs for numerous reasons including medical, social reasons or for career advancement. However, in countries such as the United Arab Emirates (UAE), the legality of human egg freezing has been a… Continue reading Egg freezing in the UAE: Law reforms and changing attitudes...
Introduction In the ongoing transformation journey under Vision 2030, the Kingdom of Saudi Arabia has strategically decided to move regional offices of international companies to the Kingdom. This major move has brought a significant influx of foreign executives and employees, thus posing a thought-provoking query regarding foreign ownership of real estate in Saudi Arabia. Until… Continue reading Foreign Ownership of Real Estate in Saudi Arabia: The Freehold Boom...
The United Arab Emirates (UAE) is one of the fastest growing economies in the world, and healthcare is one of the main areas of investment for the UAE government. The UAE has been investing significantly in cutting-edge healthcare technologies, such as artificial intelligence (AI), to enhance the patient experience and reduce operational costs. AI is… Continue reading Implications of Artificial Intelligence for the Health Insurance Sector...
Artificial intelligence (AI) is a transformative technology that is changing the world as we know it. From healthcare to the automotive industry, AI has already made inroads in numerous fields. In the life sciences sector, AI is poised to revolutionise the way we approach drug discovery, disease diagnosis, and patient care. The United Arab Emirates… Continue reading Artificial Intelligence in Life Sciences – a UAE perspective...
The Kingdom’s regulatory environment is constantly evolving in response to the dynamic global business landscape. The most recent evolution comes in the form of a new set of controls aimed at regulating the contracts between government entities and foreign companies lacking a regional headquarters within the Kingdom. These regulations mark a transformative shift in the… Continue reading Navigating the Changing Landscape of Government Procurement in KSA...
In the following article Maroun Abou Harb writes for Economy Middle East about understanding the legal aspects of education rights. Education is an essential and fundamental right for every child, and parents have the right to ensure their children receive a proper education within a safe and nurturing environment. Recognizing the importance of this right,… Continue reading The right to proper education and dispute resolution in the UAE...
The introduction of the Corporate Income Tax (CIT) in the UAE is not just a new tax policy; it’s a tectonic shift in the nation’s financial architecture. Coupled with the pre-existing VAT and Economic Substance Regulations, the terrain for mergers and acquisitions (M&A) now requires a fresh playbook. In this guide, we will navigate through… Continue reading Embracing the New Tax Era in the UAE: How CIT is Reshaping M&A Strategies...
Associate Rita Ayoub recently spoke with Al Arabiya News answering the following questions regarding rental disputes. How much have rental disputes gone up year on year? Dubai’s legal framework has continually adapted to the evolving demands of the real estate market. In 2013, the government of Dubai introduced Decree No. 43, establishing a rental increase calculator… Continue reading Tenant-landlord disputes surge amid soaring Dubai rental costs...
This country specific Q&A, written for Legal 500, provides an overview of International Arbitration laws and regulations applicable in the United Arab Emirates. The full Q&A can be downloaded here: UAE International Arbitration Q&A. LEGAL FRAMEWORK 1. What legislation applies to arbitration in your country? Are there any mandatory laws?The legislation which applies to arbitration depends on… Continue reading Legal 500: International Arbitration in the UAE...