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We have already highlighted in a previous article1 the fact that the Federal Law no. 18 of 19812 , also known as UAE Commercial Agency Law (the Law), has a protectionist approach favoring the Agent, defined therein as “A natural person holding the nationality of the state, or a juridical…
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UAE Commercial Agency Law - A Detailed Insight An agency agreement is a legal contract which creates a fiduciary relationship between two parties, whereby the first party (the Principal) agrees that the actions of the second party (the Agent) binds the Principal to later agreements made by the Agent, as…
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