The financial sector has always been volatile. Yet, the increasing interest it has drawn from public sector initiatives across the globe remain noteworthy. In 2013, the Chinese government introduced the China Pilot Free Trade Zone which was speculated to provide a blueprint for reforming the financial sector. This free zone…
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“The greatness of a nation and its moral progress can be judged by the way its animals are treated.” …
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Arbitration in the UAE Any discussion on recent developments in the field of civil litigation must address the virtual revolution that has taken place with regards to alternative dispute resolution. Needless to say that the legal system has witnessed a steady growth in litigants’ recourse to Alternative dispute resolution (the…
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INDIA UAE Extradition Treaty When former Central Intelligence Agency employee and National Security Agency contractor Edward Snowden blew the whistle on the details of the secret surveillance program of the United States, he had to flee the United States under charges of espionage. But can fleeing away to another country prevent…
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The acquisition of land and off-plan purchases in Qatar It’s fascinating to see that in this age of consumerism people are so eager to keep abreast of the latest products that they are willing to pay for an item before so much as a picture or description have even…
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Where There’s A Will, There’s A Way: “We should not forget that it will be just as important to our descendants to be prosperous in their time as it is to us to be prosperous in our time.” …
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Throughout the series of Volume I, I have attempted to discuss arbitration at length. The first article gave a broad understanding of arbitration under UAE’s legal system and the second article explored technical issues relating to nullification of arbitration award and grounds available to challenge the same. In the third…
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Crash and Splash - UAE Shipping and Maritime Law 1. What is maritime collision? A maritime collision is when there is physical contact between two vessels. This can be classified as one of three categories: i) fault of one vessel, ii) fault of both vessels, and iii) force majeure (event that…
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Tippy tippy tap…what color are you? Registration of Color marks Feeling blue or are you seeing red because you are turning green with jealousy at the neighbor’s new car? Colors are not only used to describe the emotions we are feeling, but they are imperative in the world we live…
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The enactment of penal laws requires an initial policy determination as to (1) those social and individual interests which should be protected by the criminal processes and (2) the kinds of conduct that should be proscribed [i]. In determining whether a criminal sanction should be imposed on accused, the courts…
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Questions 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…
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Arbitration in Dubai and the United Arab Emirates (UAE) In our previous newsletter issue, we addressed the legal aspects of arbitration under the UAE Civil Code and further understanding legislature’s intention in developing arbitration as alternative means of resolving disputes. The article clarified that parties choosing to opt for arbitration…
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Corporate Governance Under UAE Law An ounce of prevention is worth a pound of care. The old adage holds true when principles of corporate governance and their implementation in the GCC are discussed. Implementation of good corporate governance practice perhaps is worth a battle of the ownership dispute, succession issues,…
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The current global investment climate is a ‘mixed bag’ of healthy, stable and crippling economies. The dollar continued to be the global currency for millennia but with countries deciding to introduce their local currencies to the mainstream – such news have led to a plethora of questions and debates. Introduction…
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