‘We have not inherited the planet from our fathers, we have borrowed it from our children’ The only probable reason that could bring together and unite the leaders of the world is Environmental Pollution and Global warming. These predicaments have been long discussed and debated subjects of the 21st Century.…
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“Walk where your heart leads you, there are no restrictions and no burdens.” Howsoever good you might find the above quote, the truth is that such a thing is not always a reality in this world. But international conventions, rules, and regulations such as The Universal Declaration of Human Rights…
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The prodigious and fortuitous impact (and, speed) of the global financial crisis has left a lasting legacy on many. Questions have been raised in past as to what led to the crisis, people who were instrumental in driving the downturn and people affected by same. Speed and force without direction…
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UAE Labour Law 2016 The first five days after the weekend are always the hardest! This New Year kick-started on a Friday with every eye focusing on the blazing night sky filled with Dubai's world famous firework show. The Ministry of Labour(the Ministry) gifted employees of the country with a…
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Trademark Registration in Middle East Countries Country and Applicable Legislation Length of Trademark (in years) Trademark Definition Eligible Applicants Documentation Requirement Language Requirement and Procedures Treaty/ Classification Treaty/Classification Benefits Iraq Law Number 21 of 1957 being the Iraq Trademark and Geographical Indications Law . Iraq has sought permanent membership in…
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If you do not buy the coffee I sell, I shall forbid you from buying coffee anywhere else… Many years ago, a Superman flick had the bad guy delineating monopoly in a trade as coffee mafia. Today, sophisticated legal developments recognize these practices as unfair trade practices. But the…
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Maritime trade has been carried out since ages, and it remains to be the backbone of the world economy by hauling around 80 to 90% of world trade. UAE being the place in between Asia and Europe has been a natural port. UAE is bordering the Gulf of Oman and…
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‘‘ It is of fundamental importance that justice not only be done, but should manifestly and undoubtedly be seen to be done’’. …
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Extension of Time in Construction Contracts The construction contracts are generally prepared as per Fédération Internationale des Ingénieurs-Conseils (the FIDIC) red books 1987 and 1999, yellow book and silver book contract forms specifically in UAE to deliver projects. The legal provisions applying to such contracts are UAE Civil Code, Federal…
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INTERNATIONAL AGREEMENTS GOVERNING THE ENFORCEMENT OF FOREIGN JUDGMENTS IN THE UAE To continue with our previous article, the second part deals with the various agreements in place between the United Arab Emirates and various countries and how they are enforced. We have looked at multilateral and bilateral agreements separately…
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We have already highlighted in a previous article1 the fact that the Federal Law no. 18 of 19812 , also known as UAE Commercial Agency Law (the Law), has a protectionist approach favoring the Agent, defined therein as “A natural person holding the nationality of the state, or a juridical…
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“In a world that’s changing so quickly, you are guaranteed to fail, if you do not take any risks” …
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Diageo, a company more commonly associated with alcoholic beverages Smirnoff, Guinness and Johnnie Walker in the United Kingdom- held almost 27.8 percent stakes in a company called United Spirits Limited, one of the leading spirits company in the Indian market by volume. A series of share pledges by United Spirits…
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Joint venture is an agreement between two or more parties wherein they principally agree on developing a new asset or entity by infusing equity for a term. In a joint venture transaction, parties agree to co-operate with each other and term of the joint venture may be defined or open.…
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