Insight Category: News
The Capital Markets Authority (CMA) in Oman, the financial regulator, has released the new mandated medical insurance Law, Unified Health Insurance Policy and the Health Insurance Rules under Decision No.78/2019 through Resolution No 34/2019 – For the Issue of Unified Healthcare Insurance Policy Form. The Health insurance market embraces itself for another mandated health insurance… Continue reading New Mandated Health Insurance Law in Oman...
Introduction In April 2019, the new Commercial Companies Law (the “New CCL”) entered into force and repealed the previous Commercial Companies Law (Law No. 4/1974) in its entirety. Although the New CCL will not have a significant bearing on the corporate sector, we do believe that the changes brought forward will bring Omani corporate legislation… Continue reading New Commercial Companies Law: Modernising Corporate Legalisation in Oman...
Developers will be responsible for fixing faults in individual units for a year, and for building structures for a decade A law governing jointly owned properties was passed in Dubai with the aim to “boost competitiveness and enhance investment in the real estate sector”. A Dubai government statement issued on Tuesday evening stated Law No… Continue reading Dubai Issues New Law Covering Jointly Owned Properties...
Dubai issued in September a new pertaining to the joint ownership of real estate in the emirate. Law No. (6) of 2019 outlines the procedures concerning the maintenance of buildings and common areas in addition to what share of costs each owner should pay. One of the key changes under the new law is the… Continue reading Interpreting Dubai’s New Law Governing Jointly Owned Properties...
It is a quarter past nine on a Tuesday morning and while motion in the lobby of the decades-old Dubai Land Department building is still slowly coming to life, two floors up, the offices of Dubai’s Real Estate and Regulatory Authority (RERA) is already a whirlwind of activity, the atmosphere abuzz with ringing phones and… Continue reading Tech Used to Entice Global Investors to Dubai’s Property Market...
The Prime Minister of UAE His Royal Highness Shaikh Mohamed Bin Rashid Al-Maktoum issued law number 4/2019 for Dubai International Financial Center (DIFC) on November 21, 2019, “DIFC IP LAW”. With the help of this new law, we believe the UAE, and Dubai in particular, has advanced one step more in progressing its regional position… Continue reading The DIFC has Enhanced Its Regulations with a New Intellectual Property Law...
UAE FOREIGN INVESTMENT LAW Following the enactment of the UAE Federal Law No. 19 of 2018 on Foreign Direct Investment (“FDI LAW”), the UAE Cabinet has announced the positive list of activities covered by and benefiting from Article 7-3 of the FDI Law. The UAE cabinet has approved 122 economic activities across 13 sectors that… Continue reading 100% Foreign Ownership For 13 Sectors in the UAE...
BSA Ahmad Bin Hezeem & Associates LLP offer specialist legal services to the healthcare sector through a dedicated legal team of experts. With extensive experience of working with many healthcare clients, we understand the key issues and obstacles faced by organisations today. The skills and expertise offered by a team of four specialists allows us… Continue reading The Experts in Healthcare Law...
To ensure efficiency and streamlining with international best practice, namely in trademark prosecution and the enforcement of registered rights, theUAE Ministry of Economy has issued an administrative order to decrease and waive some of the core official fees associated with their trademark registration and enforcement services. Following an increase to such fees in 2015, the… Continue reading UAE Ministry of Economy Update Official Fees for Trademark Enforcement and Registration...