Insight Category: Reports
On 04 April 2018, the Minister of Human Resources and Emiratization issued a groundbreaking Ministerial Decision No. 212 of 2018 on the regulations relating to the employment of UAE nationals in the private sector. This decision replaced Ministerial Decision No. 293 of 2015 which set the rules and procedures for the employment of UAE nationals… Continue reading New Rules Regulating the Employment of the UAE Nationals in the Private Sector...
It all started when Federal Law No.2 of 2015 was enacted, amending the legal regime that governs local and foreign companies under Federal Law No.4 of 1984. These changes have impacted on several corporate practices including the governance of private and public companies, their legal structure, dissolution, liquidation, mergers and acquisitions, and applicable penalties. As… Continue reading UAE Corporate Law: A shifting Landscape...
Overview The article examines the material legal process involved when undertaking a corporate acquisition transaction in Saudi Arabia (Acquisition Transaction). The general process an Acquisition Transaction undergoes shares several similarities with similar types of transactions in other jurisdictions. Notwithstanding, the prevalent regulations and overriding legal system unique to KSA must be taken into consideration and… Continue reading Introduction to Company Acquisitions in Kingdom of Saudi Arabia...
Introduction Real property development in the United Arab Emirates (“UAE”) is often undertaken on a joint venture basis. The reasons are not dissimilar to other jurisdictions, and include the sharing of risk, specific development expertise, ownership restrictions of the real property and the increase in public private partnerships. It is vital that the joint development… Continue reading Joint Property Development Agreement...
The Legal 500 & The In-House Lawyer Comparative Legal Guide UAE: Fintech This country-specific Q&A provides an overview to Fintech law in UAE. It will cover open banking, regulation of data, cryptocurrencies, blockchain, AI and insurtech. This Q&A is part of the global guide to Fintech and was contributed to byNadim BardawilandTala Azar Read full… Continue reading Comparative Legal Guide on Fintech: UAE Chapter...
Partner, Jimmy Haoula and Associate, Tyne Hugo contribute to the UAE Chapter of the Legal 500: Bribery & Corruption Comparative Guide. This country-specific Q&A provides an overview to bribery & corruption law inUAE. It will cover the definition of bribery, regulation, compliance, liability and enforcement as well as insight and opinionand any upcoming legal changes… Continue reading Legal 500: Bribery & Corruption Country Comparative Guide...
This Chapter is the cornerstone for claims for professional negligence in the United Arab Emirates (UAE). Gross negligence is not defined in the UAE Civil Code; however, the wording of Article 383 of Federal Law No. 5 of 1985 on the Civil Transactions Law of the United Arab Emirates (UAE) indicates if the conduct is… Continue reading Professional Negligence Law Review – UAE Chapter...
Global commerce depends, to a very great extent, on the relationships between manufacturers and suppliers on the one hand and their distributors and commercial agents around the world on the other. These relationships are the linchpin to moving goods and services to new markets around the world and they are governed, not only by the… Continue reading Getting The Deal Through – Distribution and Agency 2018...
ICLG’s Real Estate 2018guide covers common issues in real estate laws and regulations – including ownership, real estate rights, system of registration, the registry/registries, real estate market and liabilities of buyers and sellers in real estate transactions – in 27 jurisdictions. John Peacock, a Senior Associate in our Dubai office, has contributed the United Arab… Continue reading ICLG UAE Real Estate 2018 – A practical cross-border insight into real estate law...