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Enforcing Foreign Awards in Qatar Arbitration has seen a tremendous increase in popularity in Qatar in recent years, including both national and international clients. The number of arbitration cases held in Qatar is on the rise, with many of them being international, with at least one party headquartered outside the country. To…
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Insolvency Regulations in Kuwait Kuwait is the most recent GCC nation to alter its bankruptcy laws. Kuwait modified its insolvency code in October 2020, enacting the long-awaited Bankruptcy Law (Kuwait Law No. 71/2020). This legislation emphasizes bankruptcy processes designed to maximize a debtor's worth for the profit of creditors and…
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Inheritance Law in the UAE “A leader’s lasting value is measured by succession.” …
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ADGM Regulations for SPVs and Foundation “Regulation needs to catch up with innovation” The ADGM's Registration Authority published a consultation document in October proposing a regulatory regime for the use of CSPs in the ADGM. The public consultation began against the backdrop of rising interest in and success with incorporating…
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ADGM Data Protection Rules 2021-2022 “Availability of protection ensures reliability and timely access to data and resources to authorized individuals.” Organizations must emphasize educating about their responsibilities under the new ADGM Data Protection Regulations, conducting a disparity test to find whether their current systems are vulnerable or appropriate, considering any…
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Decree Number 34 of 2021 and Arbitration in Dubai “Arbitration is justice blended with charity.” – Nachman of…
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KSA Data Protection Law and Recent Updates The Mid East's safety regulatory process is complex, and it generally is becoming fairly more so with the publication of Saudi Arabia's (KSA) Personal Data Protection Law (PDPL). Whereas the PDPL integrates the primary functionality of contemporary records safety laws, it mostly is…
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Evolution of Fintech in the Middle East “The major winners will be the financial services companies that embrace technology.” With a population of about 600 million people, the Middle East is one of the world's most diverse areas, covering three continents and 21 countries. It is a culturally, politically, and…
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Buy Now, Pay Later (BNPL) offerings in the UAE and Legalities Surrounding them In these times of economic instability, and as the coronavirus continues to wreak havoc worldwide, buy-now-pay-later (BNPL) solutions are eclipsing credit cards more conveniently and transparently to fund transactions. E-commerce has developed over the last two years,…
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Play to Earn and NFT Gaming War – Key Legal Considerations There has been a significant Collison between the worlds of crypto and video games. The amalgamation of the two is called "play to earn"; it is further a part of the "web3" movement. The collision of the two could…
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NFTs and Intellectual Property Non-fungible Tokens (NFTs) have been extremely popular recently, following the significance garnered with the cryptocurrency community in 2017, with some selling for substantial amounts at auctions. They possess multiple uses, from the ability to enhance innovation as well as generate significant proceeds for both creators and…
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Dealing with Counterfeit in the UAE Introduction Businesses engaging with counterfeit items in the UAE now risk significantly harsher sanctions, again for legitimate brand owners. The maximum punishment for counterfeiting has been increased from AED 10,000 (about USD 2,700) to AED 1 million (approximately USD 275,000) for pharmaceutical and food…
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Enforcing Foreign Judgments in Qatar "Law is the embodiment of the moral sentiment of the people." - William Blackstone. During recent years, the expansion of international commercial transactions has increased the disputes involving foreign elements. Some conflicts are settled amicably, and some arguments are settled in courts. In both cases,…
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Foreign Direct Investment in Qatar: A Guide The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. - John Maynard Keynes. Foreign direct investment in Qatar has shown an upward trend during the past years. The country's political stability,…
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