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Duties and Liabilities of Directors in Ireland Introduction Initially, the roles of directors have been used in a variety of common law and legislation. The Company Act codifies the fiduciary responsibilities of directors in common law, but the Companies Act did not affect many of the other formal duties of…
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SCA: Abu Dhabi Stock Exchange- Rules, Regulations, and Procedures Introduction The Abu Dhabi Securities Exchange (ADX) as of now, lists 73 companies. The listed companies include those from the banking, insurance, services, industry & hotels sectors. They include First Abu Dhabi Bank and Etisalat. The following article will cover the…
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When it comes to your legal rights, you should never take them for granted. This is especially true in Riyadh, Saudi Arabia, where the law system can be quite complex or different from what you might be used to back home. To make sure that your rights are protected and…
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Compensation in a Force Majeure Event Introduction Before considering any remedies, contractors might have steps, they may take to mitigate costs, it is necessary to first understand the definition of force majeure as defined by UAE jurisprudence and the different elements attached to it. When it comes to force majeure,…
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Anti-bribery compliance in Turkey Introduction Corruption is a global phenomenon that affects international commercial dealings. Corruption is a worldwide issue that costs money and lives. It is frequently regarded as a problem that mostly affects poor nations. However, while the harm it causes is magnified in poorer countries, corruption knows…
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Bahrain Investment Wharf Introduction The Bahrain Investment Wharf (BIW), worth US$1.3 billion, is the Kingdom's largest privately owned and operated industrial park. This ground-breaking proposal is a mixed-use manufacturing, enterprise, logistics, commercial, and residential construction estate that spans 1.7 million square meters in the recently built Al Hidd Industrial Development…
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Rail Infrasructure Projects in the GCC Rail Projects are always an ambitious and expensive affair every country hopes for, not to mention the long time periods required to complete and establish such projects as operational. While providing extensive environmental benefits, reducing the pollution created by cars and other heavy operational…
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Smart Contracts and Blockchains Smart Contracts, the anchored scripts on blockchains, permit the transparent execution of predefined processes. Using smart contracts, assets like money become programmable, which opens up previously inaccessible application potential. Smart contracts are exceptionally effective and control billions in value. Popular now, however, invented in 1994, when…
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FAQs - Project Finance in Israel Introduction In Israel, project finance is a well-established financing method that has been commonly used in the last 15-20 years. It is used for debt financing in a variety of industries, particularly in public-private partnership projects. Project financing is used in a number of…
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The Legality of Backdating Contracts Introduction The “contract date”, seemingly a very basic concept, can contribute to some problems and confusion among parties contracting therein. The main issue that parties may face is regarding the interpretation of the dates mentioned in the contract. There are essentially three types of dates…
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Q&A Bahrain Banking Regulatons 2020 1. What are the main laws regulating the banking sector Bahrain and what do they cover? Laws relevant to the Banking sector in the Kingdom of Bahrain include – - The Central Bank of Bahrain and Financial Institutions Law 2006 Bahrain Stock Exchange Law 1987;…
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Company setup in the Kingdom of Saudi Arabia Introduction: The Kingdom of Saudi Arabia (KSA) is the Middle East's largest economy, with a history of oil production as its primary source of revenue. And it is one of the Arab countries that is a member of the G20. It is…
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IT: Future of digital forensics Introduction The IT industry is constantly evolving, and as a result, many people are becoming victims of malware, corporate spearfishing and whaling exploits, mobile devices, and the theft of confidential private data. The collection, storage, study, and presentation of evidence from digital media are all…
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Leasing Law in the DIFC “But land is land, and it’s safer than the stocks and bonds of Wall Street swindlers.” …
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