Abu Dhabi Global Markets: Rising to the challenge Historically, finance has always been ‘international’ in character; capital has rarely been mobile. Money has moved freely across borders for all of the civilization with gold and silver being global currencies for millennia. With the passage of time, money has been reverting to its…
Read moreProject Finance as the technique of financing any development idea is rapidly increasing in developing countries due to their drive to gain industrial development and improve infrastructural amenities. The infrastructural projects or projects relating to energy industry are usually funded by the government through public funds since historical times due…
Read moreIf 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…
Read moreThere is a severe need for consistency in the market dealing with publicly traded securities as rapid advancements in the legal diaspora can add unwitting complexity to the requirements of the debtors. If the contracts between borrowers and lenders do not outline distinct covenants which comply with the local laws…
Read moreReforms in Police Cases against UAE Nationals and Foreigners If you think about it, “bounced” is a strange choice of word to apply to a failed cheque. “Bounce” implies lively, rejuvenated, excitable, energetic – a collection of adjectives which certainly wouldn’t fit your mood in the instance of a bounced…
Read moreImagine that X transfers some money to Y online. After a couple of months, X approaches Y and asks him to repay the debt. However, Y refuses, alleging that the money had been a gift and he was under no obligation to repay it. Neither X or Y is able…
Read moreCOLLECTIVE INVESTMENT SCHEMES: SKYLINING DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC) LAW “The first step towards getting somewhere is to decide that you are not going to stay where you are.” Investments require one to take a risk and it is often advised that this risk should be a calculated one. According…
Read moreLEGAL FUNCTION AND FRAMEWORK IN ADGM What a year to be investing in the United Arab Emirates! According to statistics published by the International Monetary Fund (IMF), the nation’s GDP hit USD 419,000,000,000 (US Dollars four hundred and nineteen billion) in December 2014 – a 4.8 percent increase on…
Read more“Fraud and deceit abound in these days more than in former times”1 Lord Coke could have been talking just as easily about the modern day. Hundreds of thousands of people fall victim to fraudulent activities each year. A number of these crimes go unpunished as the brains behind these…
Read moreQuestions that are generally debated these days within business and legal diasporas pertain to the recession aftermath. These questions seek to inquire matters such as i) what led to the recession, ii) could it have been prevented and; iii) what do we learn from this precedent? For instance, let us…
Read moreFrom coding a logic bomb to malicious hacking and from the formation of ransomware gangs to spear phishing, no computer in the cyber world is today immune from an electronic misdeed that continues to grow and develop and at the same time survive criminal prosecution in many instances. The year…
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