Guide on Initial Public Offerings in the GCC 2018-2019 Introduction The Initial Public Offering (IPO) is the first occasion on which a company will have shares put up on a stock market. An investment bank will underwrite the IPO and will arrange for the listing of the shares on one…
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Acquisitive Limitation Period Introduction "The right is not going to be lost if someone behind is demanding it” which means that one will not lose his right as long as there is a request. Hence, the legislators derived the Statute of Limitation, which says that the parties must adhere to…
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Tender and Procurement Law of Abu Dhabi What are Tender and Procurement processes? Tender and procurement are two processes that go hand in hand. You cannot have one without the other, and these processes are ones which occur in a multitude of countries and jurisdictions around the world. In a…
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ADGM Civil Court Proceedings Abu Dhabi Global Markets (ADGM) located in the capital of UAE in the city center of Abu Dhabi is an international financial center for local, regional and international organizations. ADGM is a channel that connects UAE with the world with its essential hub for global commerce.…
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Agency Laws in the GCC Countries - An Extensive Guide Introduction The extension of the multinational partnership is either setting up its subsidiary in remote purview or to tie up with the local organization in a foreign jurisdiction. United Arab Emirates (UAE) is one of the distant locals where international…
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Company Incorporation in Kuwait Free Trade Zone Kuwait, also known as the Fruitful Land of the Gulf is considered to be a land of opportunities. The country’s richness lies in the natural resources like oil and gas but also the real wealth of the nation lies in its human capital…
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COMPANY FORMATION IN RAK MARITIME CITY The hidden gem of UAE, the emirate of Ras Al Khaimah (RAK) is a mesmeric stretch of golden beaches, terracotta desert, backed up by the wild mountains of Hajar and an ocean of Bedouin Oasis is just out of the shadow of Dubai’s extravagant…
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A Global analysis of franchise agreement “Isolation is not possible. Globalization is inevitable and beneficial.” Introduction Do you wish to establish an attractive business model to distribute goods and services globally? Does your company have a brand image in the market and hopes to expand? Do you have a unique…
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The Fine (and Hazy) Line between Tax Avoidance and Tax Evasion ‘The difference between tax avoidance and tax evasion is the thickness of a prison wall.’ - Denis Healey Keeping in mind the contradiction between the heading of this article and the quotation above, I wish to draw your attention to…
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NEW BANKRUPTCY LAW IN THE UAE Since the time of its promulgation in the year 2016, the Bankruptcy Law has been widely discussed and deliberated on. The enactment of Federal Law Number 9 of 2016 (the New Law) has been critical in light of the volatile oil market across the…
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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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Pharmaceutical Industry in the UAE 1. What are the primary laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical…
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PHARMACEUTICAL INDUSTRY IN THE UAE What are the main laws and regulations governing pharmaceutical companies in the United Arab Emirates? The primary piece of legislation governing pharmaceutical companies in the United Arab Emirates is Federal Law Number 4 of 1983 concerning the Pharmaceutical Profession and Pharmaceutical Institutions (the Pharmaceutical Law).…
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Liability of Franchisors You cannot bring the Canadian winters to the UAE, but you can enjoy the warm coffee of Tim Hortons in the UAE. UAE has the answer to most of your cravings from back home, whether you are missing the butter chicken or chicken and waffle. This…
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