Insight Category: Regulatory & Legal Updates
Nadim Bardawil, Senior Associate of DIFC-headquartered BSA Ahmad Bin Hezeem & Associates weighs up incubator programmes and legislative pressures chasing fintech development. The United Arab Emirates (UAE) continues to position itself as a base for businesses involved in cutting-edge technology, ranging from artificial intelligence and robotics, to blockchain integration and driver-less vehicles. The UAE does… Continue reading Fintech and The Accelerator Culture in the UAE...
Brexit was a decision that shook the financial world. On June 23rd 2016, a sliver of a majority voted for the United Kingdom to exit the European Union (EU). The schism caused consternation, and the possible impacts of such a move saw the GBP plummet 10% the day the news came to light. Clarity has… Continue reading BREXIT, Market Access and the DIFC...
Oman laws reflect the fact that it is an Islamic country. Local traditions, customs, laws and religions shall be respected at all times and it is important to be aware of your actions to ensure that they don’t offend. The new Oman Penal Code, promulgated by the Royal Decree No. 7/2018, came into effect recently… Continue reading Six Things That Can Get you Arrested in Oman...
Abdulaziz Al Rashdi, lawyer and partner of BSA Muscat, recently took part in the Oman Business Law Forum on November 26. The forum was organised by the Omani Lawyers Association and LexisNexis Middle East, in cooperation with the Omani British Lawyers Association. Held under the auspices of HE Dr. Abdullah bin Mohammed Al Saidi, Minister… Continue reading BSA Highlights Latest Updates in the Omani Penal Code 2018...
Professionals from medicine, education and technology will be major beneficiaries of the UAE’s 10-year visa policy, which will come into effect in 2019, say legal experts. “I think professional in the field of medicine, education and technology and other certain professions such as accounting will benefit from this long-term visa. The 10-year visa to investors… Continue reading Long-term UAE Visa Set To Benefit Professionals in...
The new insurance law has made it easier for insurers to issue policies in a foreign language, thus expanding their business opportunities, but there are downsides when it comes to insurance disputes, says Francois Chemaly, Head of Corporate at BSA Abu Dhabi. Insurance is an important sector that contributes to the stimulation of the United… Continue reading New Insurance Law Opens Up Opportunities...
The new insurance law has made it easier for insurers to issue policies in a foreign language, thus expanding their business opportunities, but there are downsides when it comes to insurance disputes, says Francois Chemaly, Head of Corporate at BSA Abu Dhabi. Insurance is an important sector that contributes to the stimulation of the United… Continue reading New Insurance Law Opens Up Opportunities...
Michael Kortbawi and Raghad Hammad contribute to the UAE Chapter of The Legal 500: 2nd Edition Insurance & Reinsurance Comparative Guide. This country-specific Q&A gives apragmatic overview of the law and practice of insurance & reinsurance lawin theUnited Arab Emirates (UAE). Itaddresses topics such ascontract regulation,licensing,penalties,policyholder protection,alternative dispute resolutionas well as personal insight and opinion… Continue reading The Legal 500: 2nd Edition Insurance & Reinsurance Comparative Guide...