The Mining Industry in the United Arab Emirates The mining industry has for centuries been the driving force behind economies. Whether it is the mining of minerals or metals or precious stones, each mining industry plays a crucial role in the economic activities of many states globally. This principle is…
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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 DUBAI INTERNET CITY Free economic zones have made the Emirate of Dubai, in the United Arab Emirates, a popular destination for investment. The particularity of free zones is that they allow foreign nationals to own 100% of the shares in a company, in contrast to the general…
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TECHNICAL ASPECTS OF AIRCRAFT LEASING (Part 1 of 2) In the first issue of this two-part series, aviation lawyers at STA discuss the types of aircraft leasing and the legal aspects therewith. Our attorneys have on many occasions advised clients on the legalities surrounding different types of aircraft leasing and…
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Company Formation in Dubai Airport Free Zone In its early years, the renowned Emirates airlines had to lease aircraft(s) from its counterparts in Pakistan to meet the growing demand in the aviation industry in the Middle East. Although, the global airline sector back then was not the same as it is…
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JAFZA COMPANY FORMATION Construction of the Arc De Triomphe Paris took nearly thirty years until its inauguration by the French King, Louis-Phillippe in 1836. How much time in your view would it take to construct a metropolitan city that boasts international investors into the heart of desert barren lands? From…
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Company Formation in Sharjah International Airport Free Zone (SAIF Zone) 1. What law established this Free Zone? Sharjah Emiri Decree Number 2 of 1995 established both the Free zone at Sharjah International Airport and the Sharjah Airport International Free Zone Authority. 2. What are the main internal regulations governing this…
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Diageo, a company more commonly associated with alcoholic beverages Smirnoff, Guinness and Johnnie Walker in the United Kingdom- held almost 27.8 percent stakes in a company called United Spirits Limited, one of the leading spirits company in the Indian market by volume. A series of share pledges by United Spirits…
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LEGAL FUNCTION AND FRAMEWORK IN ADGM What a year to be investing in the United Arab Emirates! According to statistics published by the International Monetary Fund (IMF), the nation’s GDP hit USD 419,000,000,000 (US Dollars four hundred and nineteen billion) in December 2014 – a 4.8 percent increase on…
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