Insight Category: News
A Tenant’s legal remedy when an apartment goes up in smoke After the recent spate of fires in Dubai, questions arose regarding tenant rights when an apartment suffers damage. It is difficult times when tenants have to find alternate accommodation after a fire, while advance rent has been paid and the landlord holds postdated
rent cheques… Continue reading Measuring the Damage...
A Rundown of the most important things to know about home financing in the UAE With property prices easing and an abundance of new properties available, more people are choosing to purchase property either as an investment or to reside in. It is true that it is often cheaper to purchase property than to rent,… Continue reading Mortgage Basics When Building a Home...
During the last couple of years, several towers in Dubai have burst into flames. Tamweel Tower in Jumeirah Lakes Towers in November 2012, The Torch in Marina in February 2015, Address Hotel in Downtown on New Year’s Eve 2015, Sulafa Tower in July 2016: just to name a few, big enough to make the news.… Continue reading Tenants Rights In The Event Of Fire...
The UAE is moving ahead with its planswith respect to the development of theIslamic economy. 2016 started with theannouncement of a number of Islamiccompliant transactions that furtherfoster Dubai’s objective to become aglobal Islamic capital. Islamic products are getting morepopular and in a recent study byBloomberg, it has been noted that UAEresidents are inclined to choose… Continue reading The UAE Islamic Finance Industry Hits The Ground Running In 2016...
The lifting of sanctions in Iran could give a major boost to what is already Mena’s dominant Takaful market – but a lack of transparency and fragmentation in the global Takaful industry is clouding the true extent of its potential. Iran The easternmost country of the Middle East with a population of almost 80 million… Continue reading Takaful in Iran: New Frontier or False Dawn?...
Speaker at the Women entrepreneurs seminar in Stockholm. Hosted by Swedish International Development Cooperation Agency (Sida), held in Sweden, on 14 April 2016. Topic: Women’s economic empowerment – Stories of Success and Failure Speaker: Estelle Rami, Head of Iraq office The conference gathered business women from about 16 countries. Estelle was among the speakers sharing… Continue reading Women entrepreneurs seminar in Stockholm...
Après plusieurs années de négociation entre l’Iran et les membres permanents du Conseil de Sécurité de l’ONU plus l’Allemagne (P5+1), la levée des sanctions contre l’Iran est désormais acquise avec quelques limitations de personnes listées sur une liste dite «SDN» et contrôle par l’Agence Internationale de l’Energie Atomique (AIEA). Cet accord a été défini dans… Continue reading Porte Ouverte Sur l’Iran...
Mergers and acquisitions, whether from the perspective of the Seller or the Buyer entail considerable preparation, research, adjustment, and due diligence. In most jurisdictions, including the UAE, in spite of the market’s relatively small size, only a minority of mergers and acquisitions successfully conclude without snags. While the legal considerations are varied, there are many… Continue reading Mergers and Acquisitions – The Legal Considerations...