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Lawyers in Dubai
19 Aug 2022

Company Formation in Dubai World Central Freezone

Dubai World Central Freezone 1. What law established this freezone? Dubai World Central (DWC) freezone was established under Dubai Law No. 8/2006, amended by Dubai Law No. 10/2015. 2. What are the main internal regulations governing this freezone? DWC is regulated by the DWC Free Zone and Administration Rules and…

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Financial Lawyers in UAE
16 Aug 2022

Federal Decree-Law Number 16 of 2021 on Factoring and Transfer of Civil Accounts Receivable

Federal Decree-Law Number 16 of 2021 on Factoring and Transfer of Civil Accounts Receivable The Government of the United Arab Emirates has recently brought in the Federal Decree-Law Number 16 of 2021 to deal with issues regarding the Factoring and Transfer of Accounts Receivable within the country. The New Law…

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Financial Lawyers in UAE
02 Aug 2022

Evolution of Fintech in the Middle East

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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Law Firms in Dubai
16 Jul 2022

Whistleblowing Regime introduced by DFSA

Whistleblowing Regime introduced by DFSA “Whistleblowers form a key part of a firm’s ability to detect, identify and escalate issues of misconduct, and the required Whistleblower policies and procedures play an important role in encouraging appropriate disclosures                                                     - F. Christopher Calabia, Chief Executive of the DFSA The Regime defines a…

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Financial Lawyers in UAE
29 Jun 2022

Establishing a Foundation in the UAE

Setting Up a Foundation in the UAE “Reliable structure needs a strong foundation and strong foundation requires investment” ― Guru Z.S. Gill UAE Foundations are an integral part of the country’s wealth management system. It is an independent legal entity. Foundations are usually created to protect the desires of the Founder…

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Lawyers in Abu Dhabi
19 May 2022

International Registration of Trаdemаks

Madrid System for the International Registration of Trаdemаks Introduction Two independent treaties govern the registration of trademarks around the world and they are Madrid Agreement and Madrid Protocol. Combining the agreement and protocol is the Madrid System for International Registration of Marks. Countries that are part of the Convention and…

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Law Firms in Dubai
16 May 2022

Digital Technology and Copyright

Impact of Digital Technologies   Introduction A copyright is a legal protection given to original works, but it does not cover an idea in and of itself; instead, it covers the representation of an idea in a fixed or physical form. The author has the only right to reproduce or sell…

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Property Lawyers in Abu Dhabi
11 May 2022

Force Majeure Events and Contract Clauses in GCC

Force Majeure Events and Contract Clauses in the GCC Force Majeure is a French word that means a greater force in English. It is connected to the concept of the Act of God, where there is an unexpected happening of event.  Although, Force Majeure is an exception as it includes not…

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Lawyers in Abu Dhabi
04 May 2022

Impact of Artificial intelligence on Legal Sector

Impact of Artificial intelligence on Legal Sector The stimulation of human intelligence process by a machine is termed as Artificial intelligence. Mostly this is done by the computer systems. The Specific applications of Artificial intelligence include natural language processing, speech recognition and machine vision. In simple words it is programming a…

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Lawyers in Abu Dhabi
21 Apr 2022

ADGM Regulations for SPVs and Foundation

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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Law Firms in Dubai
12 Apr 2022

Federal Law Number 6 of 2021: Introduction of Mediation Law in UАE

Federal Law Number 6 of 2021: Introduction of Mediation Law in UАE Introduction А process where an unbiased third party helps the disputing party to resolve their disputes or conflicts by the use of specialized techniques and methods of negotiations is referred as mediation. It is an аlternаtive dispute resolution mechanism…

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Lawyers in Abu Dhabi
07 Apr 2022

Inheritance Law in the UAE

Inheritance Law in the UAE “A leader’s lasting value is measured by succession.”                                                                          …

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arbitration lawyers in Dubai
04 Apr 2022

Decree 34 of 2021 and its impact on arbitration

Decree 34 of 2021 and its impact on arbitration Decree No. 34 has been issued on Sept. 14, 2021, and took effect on September 20, 2021. The Decree canceled two arbitration organizations in Dubai: I the Arbitration Organization of the Dubai International Financial Centre ("DIFC"), which included the DIFC-LCIA arbitration…

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Law Firms in Dubai
13 Mar 2022

Understanding Censorship Across the GCC

Understanding Censorship Across the GCC Censorship is one method of the government to control media. Censorship is characterized as concealment or forbiddance of speech or composing that is considered subversive of the benefit of everyone. It happens in all manifestations of power in some degree, yet in present day times…

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