Legal Entitlement to Interest under UAE Law, and applicability "Interest on debts grow without rain." -Yiddish Proverb Paying off the debt is…
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FAQs - Israel Aviation Laws and Regulations 2021 Introduction In Israel, the detailed law controls the security of all civil aviation. It regulates licensing of operators and service providers, including pilots, flight schools, airport inspectors, flight controllers, and manufacturers of aircraft and aviation equipment. Furthermore, the legislation specifies strict security…
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Trending type of Violation in Today's World: Using the Competitor’s Trademark as Keyword Zeynep Yağmur Kutlu Öncü Uçum Abstract In today's world, where competition between companies is intense on the Internet, as well, new protective norms are needed pertaining to trademark rights violations. Accordingly, lawmaker has included the use of…
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FAQs- Enforcement of contracts in Israel A healthy economy needs a legal system that can effectively resolve commercial disputes. Without one, businesses risk living in an atmosphere where contractual commitments are not strictly adhered to. Although there are advantages of using alternative conflict resolution mechanisms, doing Business depends on how…
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To or Not to NFT NFTs (non-fungible tokens) are a type of crypto asset that exists on the blockchain, which is a network that supports other types of cryptocurrencies. Furthermore, crypto assets in their NFT form are non-transferable, making them one-of-a-kind. Likewise, it is because of its rarity and uniqueness…
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Income Tax Law in Israel Residents in Israel are taxed on their worldwide earnings. Non-residents are entitled to income tax on income earned in Israel and capital gains tax on capital gains on properties located in Israel (subject to special non-resident exemptions). Income tax, capital gains tax, value-added tax, and…
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Part II: Listing Securities on Abu Dhabi Stock Exchange (ADX) The ADX (formerly the Abu Dhabi Securities Market) was established in the Emirate of Abu Dhabi on November 15, 2000. Its trading locations include the Emirates of Al Ain, Fujairah, Sharjah, and Ras Al Khaimah. The ADX is regulated by the…
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Part I: Abu Dhabi Securities Exchange - Investment Requirements Introduction Investing, as Warren Buffett, the legendary investor, describes, "…the process of laying out money now to receive more money in the future." It is a way to put money away when you're occupied with other things and make it work…
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Kingdom of Saudi Arabia: New Anti-Commercial Concealment Law Introduction In August 2020, a new Anti-Commercial Concealment Law was introduced by Saudi Arabia’s Council of Ministers, which will be effective on the last week of January 2021. The law is introduced for the purpose of eliminating the shadow economy or an…
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European Union: Collection of Personal Data of Hotel Guests Introduction Massive amounts of personal details are now shared online. The personalization of technology and customer service is fuelled by e-commerce and social media. As a result, consumer privacy, accountability, and data security have become hot topics around the board, including…
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Criminal - Trial in UAE Introduction The UAE penal code is not entirely based on Islamic Sharia, but it does include some components. In the UAE, Sharia law exists and is used in limited situations, such as the payment of blood money. Some Sharia punishments, such as flogging, have been…
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Insight: Can a person be married under Hindu Law in India and get Divorced in UAE? Introduction The number of expatriate Indian couples in the UAE filing for divorce in the UAE rather than in India is rising. Many couples cite the effectiveness of the court system, knowledge of the…
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Franchising 2020 1. Is there a specific law governing franchise relationships in this jurisdiction? The primary pieces of legislation with regard to franchise arrangements in Bahrain are the Commercial Agency Law, Bahrain Law No. 10/1992, as amended (the Agency Law) and its Implementing Regulation, Bahrain Regulation No. 2/1993 (the Implementing…
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Criminal Law: Theft – Provisions, remedies, and procedure in the UAE Introduction Theft may only be perpetrated on an actual movable property that has monetary or nonmonetary value and belongs to someone else. Theft is described as the physical seizure of an object that can be stolen from the owner…
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