Legal Updates to DIFC’s Employment Law “Workers rights should be a central focus of development.” …
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 moreDFSA’s new regulations on Investment Tokens In a few decades, technologies have had the most significant impact on the life of people. It's not because of social media, drones & robotics, the Internet of Things, machine learning. Still, the changes are happening due to the underlying technology of digital currencies…
Read moreLeasing Law in the DIFC “But land is land, and it’s safer than the stocks and bonds of Wall Street swindlers.” …
Read moreLegal Entitlement to Interest under UAE Law, and applicability "Interest on debts grow without rain." -Yiddish Proverb Paying off the debt is…
Read moreThe Collective Investment Law (DIFC Law No. 2 of 2010) – An Overview Collective Investment Law of 2010 The Collective Investment Law (DIFC Law Number 2 of 2010) came into force on 1 July 2010, and applies in the jurisdiction of the Dubai International Financial Centre. The Collective Investment Law…
Read moreDIFC Data Protection Law, 2020 Dubai International Financial Center (DIFC), issued DIFC Law Number 5 of 2020, a new Data Protection Law ("DPL"), replacing the existing Data Protection regime, first enacted in 2007. DPL aims to strengthen its standards by providing enhanced controls for the Processing and free movement of…
Read moreA Guide on REITs Since time immemorial, real estate has been acknowledged as a historically significant investment class- one that offers increased portfolio diversification, low volatility, and optimally risk-adjusted returns. A Real Estate Investment Trust (REIT) is a financial instrument that not only allows investment in real estate but an…
Read moreDIFC Contract Law Is the Law of Contracts a complete descriptive theory, explaining what the law is? Or is it a complete normative theory, explaining what the law should be? The traditional definition of a contract is one embracing all promises that the law will enforce. However, even a theory…
Read moreGuide to International Arbitration "When will mankind be convinced and agree to settle their difficulties by arbitration?"- Benjamin Franklin A year ago, it seemed as if Brexit was finally about to happen. One year on, they are in the same position again. At one point, albeit, it seemed likely…
Read moreDIFC-LCIA Arbitration comparison with DIAC Arbitration Manchester United is playing Arsenal. In an incredibly intense contest between the two, at the 85thminute, there is a coming together between the players inside the penalty box. The referee, to understand the incident and know who the perpetrator was, uses the help of…
Read moreDue Diligence by Foreign Law Firms of UAE Entities Business transactions around the world often involve mergers, acquisitions or take-overs. Such transactions of the business organizations require thoughtful decisions which ultimately decides the future of the Company. Hence, due diligence holds the key to vital decisions of the economy as…
Read moreThe Cost of Running a Private Equity Real Estate Fund Private equity real estate is an advantage class that comprises of pooled private and public interests in the real estate market. Such contributing includes the obtaining, financing and proprietorship of property or properties utilizing a shared vehicle. Private equity real…
Read moreUAE Netting Law As announced by the Dubai International Financial Centre (“DIFC”) on 14 December 2014, His Highness Sheikh Mohammed bin Rashid Al Maktoum has enacted the DIFC Law Number 2 of 2014 (the "DIFC Law"), in his capacity as the Ruler of Dubai. This legislation came into power as…
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