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Oct 2017

TECHNICAL ASPECTS OF AIRCRAFT LEASING

TECHNICAL ASPECTS OF AIRCRAFT LEASING (Part 1 of 2) In the first issue of this two-part series, aviation lawyers at STA discuss the types of aircraft leasing and the legal aspects therewith. Our attorneys have on many occasions advised clients on the legalities surrounding different types of aircraft leasing and…

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Oct 2017

Guide to Off Plan Property Laws in Abu Dhabi

GUIDE TO OFF-PLAN PROPERTY LAWS IN ABU DHABI Previously, laws concerning off-plan property sales in Abu Dhabi was a legal blind-spot that caused ambiguity and failure in securing the interests of the investors. However, the establishment of Law Number 3 of 2015 on the Regulation of Real Estate Sector in…

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Oct 2017

New Copyright Laws in Kuwait

New Copyright Law in Kuwait Creativity is the work of art stimulated by the human mind. Every song ever listened to, every movie ever watched and every article ever read (irrespective of the level of creativity) is the work of art of a lyricist, screenwriter, and an author, respectively. Although…

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Oct 2017

VAT Registration in the UAE

VAT REGISTRATION in the UAE ‘The Federal Tax Authority has announced the time-limit for companies to register for VAT in the UAE.’ Companies should register for VAT before 31 October 2017. The Federal Tax Authority (the Authority) recently announced that companies and MNCs with a turnover exceeding UAE Dirhams one…

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Company Formation in Dubai Media City
Sep 2017

Appiness

hAPPINESS  ‘If opportunity does not knock, build a door’ {C}-        Milton Berle Yes, Appiness. The time I used to spend on reading, cooking, playing sports is all a thing of past! What do I do these days, you may ask? Apps, apps and apps. They give me appiness. From technology…

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Sep 2017

Da Ta Da - Fair Dealings & Copyright Laws

Da Ta Da - Fair Dealings & Copyright Laws Have you ever bumped into someone when walking on the street because you were using your phone? Or maybe you tried to stifle your laughter when you saw someone else hit a pole or a glass window because they were so…

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Sep 2017

Mr. DEBT’s hello to Mr. DAMAGE: Case Analysis on Freight Industry

Mr. DEBT’s hello to Mr. DAMAGE: Case Analysis on Freight Industry Suppose an individual has borrowed a specific sum of money against an asset of a reciprocal value as security. However, the debtor fails to fulfill his obligation; and subsequently, the creditor exercises his lien and disposes of the former’s…

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Sep 2017

Boarding Complete: An Islamic Rendering

Boarding Complete: An Islamic Rendering Part II of II In our previous issue, we discussed the Shariah principles of ijara, simple ijara, ijara wa iqtina, ijara mawsufa fi al dimmah, istisna’a, and how ijara and mawsufa fi al dimmah work. Our attorney’s had detailed the different types of leasing provided…

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Sep 2017

The Dubai International Financial Centre & Its Jurisdiction

DIFC: A Jurisdictional Overview The DIFC courts exist as a jurisdictional island within the Dubai panorama. The Dubai International Financial Centre (the DIFC) Courts were established back in 2004 by His Highness, Dubai's ruler at the time, Sheikh Maktoum bin Rashid Al Maktoum. Providing an independent administration of justice in…

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Lawyers in Bahrain
Sep 2017

Tackling Post Dated Cheques in Bahrain

Tackling Post-dated Cheques in Bahrain Can an instrument of payment be offered that ensures complete safety? The reality of the latter statement is an unlikely one. The law, however, does attempt to provide security where a payment transaction fails to do so. The nooks and crevices of such law must…

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Sep 2017

MAN, the Law, and Algorithms!

MAN, the Law, and Algorithms! “Computers will overtake humans with Artificial Intelligence within the next 100 years. When that happens, we need to make sure that computers have goals aligned with ours.”         Stephen Hawking A few years ago, I used to take the morning bus to reach…

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Sep 2017

Diplomacy and International Court of Justice: An Analysis

DIPLOMACY AND INTERNATIONAL COURT OF JUSTICE: AN ANALYSIS (Part I of II) ‘Peace comes at a price. And that price is diplomacy. We may all know who is paying the price, but sometimes, we cannot comprehend the amplitude of the price paid.’ {C}-        International Relations Department, STA Law Firm The…

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Sep 2017

Keeping it Simple: Federal Law Number (8) of 2017 on Value Added Tax

Keeping it Simple: Federal Law Number (8) of 2017 on Value Added Tax   The UAE governing law regarding VAT is the Federal Decree-Law Number (8) of 2017 (the Law). According to Article (1) of the Law defines Value Added Tax as ‘tax levied on import and/ or supply of…

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Company Formation in Dubai Airport Free Zone
Aug 2017

Company Formation in Dubai Airport Free Zone

Company Formation in Dubai Airport Free Zone In its early years, the renowned Emirates airlines had to lease aircraft(s) from its counterparts in Pakistan to meet the growing demand in the aviation industry in the Middle East.[i] Although, the global airline sector back then was not the same as it…

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