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Financial Lawyers in UAE
10 Oct 2019

Does the UAE real estate market need new financing rules?

Does the UAE Real Estate Market Need New Financing Rules? - Jui Dongare, Shubham Mishra, and Tulika Kaul The United Arab Emirates (UAE) property market has experienced quite a few major developments within the past decade, with a host of new laws, initiatives, and real estate projects being announced. Moving…

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Property Lawyers in Dubai
29 Aug 2019

Off Plan Contract Termination

The decision of the Land Department to Cancel the Registration In the Decision of Court of Cassation in Dubai and Law 19 of 2017 Due to the importance of the real estate market in Dubai, especially the sales system on the map, which allows the investor to buy through installments…

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construction Lawyers in Dubai
26 Mar 2019

EPC vs Design-Build Delivery: English Law Vs GCC Law

Differences between EPC and Design-Build delivery- English Law compared with GCC Any manufacturing company primarily delves on the basics of production efficiency, innovation, cost management and time to market which are the critical factors for achieving a competitive advantage. The company needs to achieve its business strategy, and thus a…

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Lawyers in Dubai
31 Oct 2018

Project Financing: GCC Overview

Examining Project Financing issues and Regulations Introduction Driving through Dubai one is inundated with the view of cranes and construction sites, however, if a closer look is taken it becomes increasingly more evident that many, if not most of these sites are inactive and the buildings are left skeletons of…

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Lawyers in Abu Dhabi
05 Sep 2018

Law Surrounding Mortgages in the Emirate of Abu Dhabi

The Enforcement of Mortgages in Abu Dhabi Mortgages- The Basics Mortgages are a type of loan banks provide for those looking to purchase a property. The purchasing of a property is a highly important part of the modern world, with everyone potentially being under that umbrella, from the most prominent…

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Property Lawyers in Abu Dhabi
24 Apr 2018

Securitization: UAE and Global Overview

Securitization: An Overview Introduction Securitization is a powerful financial tool that renders possible the profitability of illiquid assets. We all agree that securitization contributed to the 2008 Financial Crisis, demonstrating how this powerful business instrument is a double-edged sword: it is capable of both boosting and devastating an economy. The…

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Law Firms in Dubai
16 Feb 2018

Contracts Law - Extension of Time

Preventive Principle and Extension of Time Time and again we have discussed the level of dynamicity in the sectors and industries such as construction, maritime, cryptocurrency and the like. Today, we are going to analyze why these areas in specific are comparatively more dynamic than others – mainly because projects…

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Lawyers in Baharain
04 Jan 2018

Oil and Gas Guide: Bahrain

Oil and Gas Country Guide: Bahrain 1. What department/agency regulates oil and gas extraction? What are the primary laws which apply? Several government agencies regulate the oil and gas sector in the Kingdom of Bahrain. The National Oil & Gas Authority (the NOGA) regulates and develops Bahrain’s hydrocarbons sector. NOGA also…

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NEC4
30 Dec 2017

The Emerging Role of NEC Form of Contracts

GOOD FOURTUNE- NEC4 “It’s not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” - Charles Darwin Introduction Biological evolution has been “creating” lives on this earth for almost three billion years, constantly adapting everything to an ever-changing environment. It is…

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Real Estate Lawyers in Dubai
26 Nov 2017

Under the Radar

Under the Radar “Real estate investing, even on a very small scale remains a tried and true means of building an individual’s cash flow and wealth”  -        {C}{C}Robert Kiyosaki It is not strange to find Dubai to be investors’ favorite choice when it comes to real estate investment. Earning the…

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Banking Lawyers in Dubai
18 Nov 2017

Mortgage of Movable Assets in Dubai and the UAE

Mortgage of Movable Assets The enactment of UAE Federal Law Number 20 of 2016 Concerning Mortgaging of Movable Properties as Security for Debts (the New Law) is a milestone towards the UAE government’s initiative to bring positive changes in UAE’s mortgage law. In parallel to the recent laws on commercial…

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Law Firms in Abu Dhabi
30 Oct 2017

Demurrage Payments in Kuwait

Demurrage Payments in Kuwait What is the mindset of an entrepreneur looking to dip his toes in a new venture? Profits? Maybe, certainty? Certainty is a factor that all entrepreneurs look for in a business opportunity. However, certainty is also the factor that is least available to them; primarily, if…

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Lawyers in Abu Dhabi
16 Oct 2017

Guide to Off Plan Property Laws in Abu Dhabi

GUIDE TO OFF-PLAN PROPERTY LAWS IN ABU DHABI Previously, laws concerning off-plan property sales in Abu Dhabi was a legal blind-spot that caused ambiguity and failure in securing the interests of the investors. However, the establishment of Law Number 3 of 2015 on the Regulation of Real Estate Sector in…

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Construction Law Firms in Dubai
22 Aug 2017

FIDIC and ENAA: Comparison (Part II of II)

FIDIC AND ENAA: COMPARISON Part II of II In our previous issue, we discussed FIDIC and ENAA forms which are an internationally recognized and utilized form of contracts and the general comparisons between them. Our attorneys had also detailed the requirements of data accuracy, and other conditions of companies. Although,…

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