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Financial Lawyers in UAE
02 Aug 2022

Evolution of Fintech in the Middle East

Evolution of Fintech in the Middle East “The major winners will be the financial services companies that embrace technology.” With a population of about 600 million people, the Middle East is one of the world's most diverse areas, covering three continents and 21 countries. It is a culturally, politically, and…

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taxation lawyers in UAE
24 Jan 2022

GCC VAT Agreement

GCC VAT Agreement Introduction Globally the VAT system has been around for a long time. However, for the most part, Arab countries have been operating tax-free in that respect. Over 160 countries around the world have adopted the indirect tax method to reduce the fiscal deficit and facilitate a steady…

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Criminal Lawyers in Dubai
27 Dec 2021

Economic and Fraud Provisions in the Middle East

Economic 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…

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Lawyers in Abu Dhabi
14 Nov 2021

Family Law in the GCC

Family Law in GCC A Family is formed by considering several factors like the social, political, and monetary. Similarly, there is a legal design in framing a family. In a net shell a family law covers two fundamental fields one is the relationship between spouses and the other is the…

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Data security Laws in UAE
19 Oct 2021

Electronic Privacy Laws in the GCC

A closer look at Electronic Privacy Laws in the GCC The cooperation council for the Arab State of the Gulf is commonly known as Gulf Cooperation Council (GCC). It is a regional, intergovernmental, political and economic union that consists of all Arab states of the Persian Gulf except Iraq. The…

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Lawyers in Dubai
27 Aug 2021

Transfer Pricing Regulations in the Middle East

Transfer Pricing Regulations in the Middle East The Transfer Pricing is a common mechanism which the countries use to transfer the tax base. The transfer is often from countries with high taxation to countries with low taxation. Transfer Pricing deprives states of their fair share of taxes from global corporations. In…

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Lawyers in Abu Dhabi
05 Jul 2021

Competition 2020 Oman

Competition Law in Oman (Updated in 2020)  1. What is the name of the main regulator/ regulators governing the competition law in this jurisdiction? The Competition Protection and Monopoly Prevention Centre (The Centre) The Board of the Centre (The Board) 2. In the context of a merger acquisition in what circumstances,…

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Financial lawyers in Abu Dhabi
06 Apr 2021

The Securities Regulation in the State of Oman

The Securities and Securities Activities Regulation in the Sultanate of Oman The Muscat Securities Market (the MSM) was established on 21 June 1988 to regulate and control the Omani Securities Market. While it was a loosely regulated market in its initial stages, enactments such as Royal Decrees 80/98 and 82/98 have helped…

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Lawyers in Dubai
05 Dec 2020

Initial Public Offering - Oman

Initial Public Offering - Oman The Market The Muscat Securities Market (MSM) was established in 1988 with the aim to develop methods and measures to deal with securities, and raise awareness about the market. MSM allows trading in joint stock companies, government bonds, corporate bonds, investment funds and financial instruments…

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Lawyers in Dubai
25 Oct 2020

Intellectual Property Rights: Exhaustion of Ownership and Parallel Imports

 Parallel Imports in Middle East and India Introduction Parallel Imports  The term parallel import denotes importation of goods legitimately acquired from the owner of the goods subsequently sold in an unauthorized manner through unauthorized trade channels.  These goods may also be referred to as grey market goods, since, despite being…

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Lawyers in Abu Dhabi
05 Sep 2020

Copyright Registration in the Middle East

Copyright Registration in the Middle East  Admittedly, the Middle East has something of a "Wild West" reputation, when it comes to some business behaviors. One of the most protuberant of these is the Middle Eastern perception of copying someone as a form of flattery, rather than as theft. In this…

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Healthcare lawyers in UAE
03 Aug 2020

Oman: Health Insurance Regulations

Health Insurance in Oman The sharp sell-off in global oil prices that began in mid-2014 triggered an economic slowdown across the Gulf Cooperation Council (GCC) states, with enormous consequences for many sectors, including the health insurance industry. Despite this unexpected turmoil, however, significant changes in government health insurance regulations and…

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Lawyers in Dubai
05 May 2020

Commercial Companies Law in Oman

Commercial Companies Law in Oman N Anand The new Commercial Companies Law (CCL) in Oman was enacted by the Royal Decree Number 18 of 2019, (the Law) and published in the official gazette on 17 February 2019. The Law came into effect within 60 days of its publication, being, 17…

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Law Firms in Dubai
21 Apr 2020

Country Guide: Consumer Protection and Product Liability in Bahrain and Oman

Q&A on Consumer Protection and Product Liability in Bahrain and Oman Sources of law Q1. What are the principal legislation and regulation pertaining to product liability? The main areas of law and regulation relating to product liability are: I. Oman Product liability is regulated by the: Consumer Protection Law (Royal…

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