UAE’s New Telemarketing Law The United Arab Emirates (UAE) has introduced new regulations aimed at enhancing consumer protection and maintaining market integrity in telemarketing practices. Effective from August 27, 2024, these regulations, under Cabinet Resolutions No. 56 and No. 57 of 2024, seek to regulate telemarketing activities by imposing stringent…
Read moreIraq’s Green Hydrogen Revolution: A Path to Sustainable Energy and Economic Diversification Iraq, a country traditionally reliant on its vast oil reserves, is embarking on a transformative journey towards sustainable energy. The recent announcement by Iraq’s Minister of Oil, Hayan Abdul-Ghani, about initiating a green hydrogen project along with a…
Read moreUAE’s new Decree to Regulate Public and Private Partnership The Ministry of Finance in the UAE recently announced a pivotal development with the issuance of Federal Decree-Law No. 12 of 2023, focusing on public-private partnerships (PPPs). This legislation, effective from December 1, 2023, lays down the groundwork for collaborations between…
Read morePriorities of India’s G20 Presidency India gathered the G20 leaders' Summit for the first time in 2023, as 43 Heads of Delegations the biggest ever in the G20 participated in the last New Delhi summit in September. As a nation focused on democracy and multilateralism, India's presidency has been a…
Read moreNew Commercial Agencies Law in the UAE The Old law was seen to be more in favor of the agents; giving a better legal stance for agents compared to that of principals. Notwithstanding, the New law comes with the spirit of striking harmony among principals and agents. Furthermore, the New…
Read moreQatar's Commercial Companies Law Qatar possesses a business-stimulating environment that instigates investors to invest in different business entities. Setting up a business in Qatar was not restricted to any specific kind of business. The region has expanded itself to encourage various company incorporations in Qatar. As per the law, a…
Read moreLegal Issues Concerning a FATF Mutual Evaluation Report Introduction The Financial Action Task Force, also known as the Groupe d'action financière in French, is an intergovernmental organization created in 1989 on the initiative of the G7 to establish Anti-Money Laundering Measures. Its mandate was broadened in 2001 to encompass terrorism financing. The…
Read moreDubai Production City Freezone 2022 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free…
Read moreBusiness Closure in the UAE, and How it Must Be Pursued When you decide to close your business in the UAE, you must cancel your business license as well as any related permits. Pretext It is imperative that the relevant government bodies are aware that you are no longer in…
Read moreA Closer look at Bankruptcy law in China post - 2022 The Bankruptcy Law in China consists of 136 articles apply to any or all types of insolvent enterprises. That is whether it is state-owned, privately owned, or by the foreign investment enterprises and other financial institutions. China enacted the…
Read moreDubai Science Park City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone Companies…
Read moreEconomic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
Read moreIncorporation of a Business (Legal Impediments) Introduction The formal method of forming a corporation or a company is called incorporation. The resulting legal body, a corporation, is responsible for separating the firm's assets and profits from its owners and investors. Corporations can be formed in virtually every country on the…
Read moreE Gaming and its Overarching Legality in the UAE The term "e-Gaming" refers to the entire computer gaming market, which includes everything from video game consoles to PC and smartphone games, as well as internet entertainment platforms and the eSports industry. Likewise, first-person shooter (FPS), multiplayer online battle arena (MOBA),…
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