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Legal Updates

14 May 2024

Commercial Licenses Now Recognized as Attachable Assets in Debt Recovery

Commercial Licenses Now Recognized as Attachable Assets in Debt Recovery In a landmark ruling on January 31, 2024, the General Assembly of the Dubai Court of Cassation established a new legal precedent confirming that commercial licenses can be included in the scope of an attachment order for debt recovery. The…

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08 May 2024

Dubai to Launch World's First Centralized Digital Platform for Remote Legal Proceedings

Dubai to Launch World's First Centralized Digital Platform for Remote Legal Proceedings In a pioneering move, Dubai is set to revolutionize its justice system with the introduction of a centralized, digital platform designed to streamline remote investigations and court hearings. Announced on Thursday, the Dubai Public Prosecution (DPP) has partnered…

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02 May 2024

New Regulation on Electronic Payment Services Enhances Financial Security in Iraq

New Regulation on Electronic Payment Services Enhances Financial Security in Iraq The Iraqi Cabinet has issued a landmark regulatory update concerning electronic payment services, published in the Official Gazette on April 29, 2024, aimed at bolstering efficiency, security, and transparency within Iraq's financial sector. This new regulation replaces the 2014…

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24 Apr 2024

EU Parliament Passes World's First Artificial Intelligence Act

EU Parliament Passes World's First Artificial Intelligence Act In a landmark decision, the European Union Parliament has officially endorsed the groundbreaking EU AI Act, marking a significant milestone in the regulation of artificial intelligence (AI) technologies. Ratified on Wednesday, the Act represents the world's foremost comprehensive regulatory framework aimed at…

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16 Apr 2024

Amendments to DIFC Employment Law: Recent Changes

Amendments to DIFC Employment Law: Recent Changes Recent amendments to the DIFC Employment Law, enacted through DIFC Law No. 1 of 2024, bring significant changes effective from March 1, 2024, with enforcement starting on March 8, 2024. These amendments address Qualifying Scheme contributions and end-of-service gratuity accrual, impacting UAE/GCC nationals…

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09 Apr 2024

UAE Implements Up to Dh500,000 Fine for Unlawful Fundraising

UAE Implements Up to Dh500,000 Fine for Unlawful Fundraising The United Arab Emirates (UAE) has implemented regulations governing charitable fundraising within the country, stipulating fines ranging from Dh200,000 to Dh500,000 for individuals or entities unlawfully soliciting donations. In a social media announcement on Tuesday, the Public Prosecution cautioned against soliciting…

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