Regulations and Requirements for setting up a Company through SAGIA It was challenging to set up business in Saudi Arabia until 2018 brought a new era by bringing about many changes to the rules and regulations of the country making it easier for people to set up their businesses. The…
Read moreEffect of Recent Bankruptcy Legislation on Those Businesses Facing Difficulties on Account of Cash Flow Issues The recent overhaul in the laws governing insolvencies of domiciled companies in the United Arab Emirates (UAE) vide the new UAE Bankruptcy Law (December 2016) ensures that most corporate insolvencies are resolved through the…
Read moreSecurities Lending and Borrowing Regulations as per Dubai Financial Market The Securities Lending and Borrowing (SLB) refer to a temporary arrangement of a loan of securities by a lender or a borrower. In this arrangement, the borrower is entitled to return securities at any time, and the lender may recall…
Read moreReal Estate Developments in Abu Dhabi and Dubai The United Arab Emirates is continuously witnessing positive developments in the real estate market. The market is adapting to the changing terms of the scenario around the choices of the investors willing to invest in the real estate market. Abu Dhabi and…
Read moreBusiness Setup in Dubai Internet City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and…
Read moreInitial Public Offering - Saudi Arabia Introduction In the early 1930s, capital markets were given a platform in Saudi Arabia but regulations were put in place only post 1980s through the Ministerial Committee, Tadawul and the Capital Market Authority (CMA). These were established to ensure fairness and efficiency in the…
Read moreParallel 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…
Read moreCompany Formation in Nigeria "Business opportunities are like buses, there's always another one coming." – Richard Branson Richard Branson's Virgin proved that be it record labels or airlines, where there is a will there is definitely a way. The door might not always be open, but sometimes it's ajar or…
Read moreE- Commerce Law in Saudi Arabia Introduction Due to the advance of internet across the globe and in the age of technology, e-commerce has found unprecedented support and flourished greatly during the past decade bringing about a major change in the retail industry, especially during these trying times. Most businesses…
Read moreTrade Secret Protection Introduction The prowess of a company depends on its ability to work smarter than their competitors. This can be achieved through specifically designed operational workflows, specialized technologies or structural control practices that enable a firm to stand out within a particular market or industry. Such intellectual knowledge…
Read moreInitial Public Offering- Kingdom of Bahrain Securities and Assets Securities is a financial instrument that is negotiable and holds some type of monetary value. It is equivalent to an ownership position in a corporation through stock. Securities can be categorized into three types: Equities Debts Derivatives Securities are defined in…
Read moreDesign Rights in the United Arab Emirates Imagine waking up one morning to a flood of notifications from loyal followers who tip you off that an X Brand T-shirt design they believed was a copy of one of your designed tees. What's worse is that the X Brand T-shirt is…
Read moreCompany Formation in Iraq The Companies Law Number 21 of 1997 (amended by CPA Number 64 in 2004) (the "Companies Law") permits various types of corporate entities to be registered in Iraq (including the Kurdistan Region of Iraq). The foreign investors who intend to enter the Iraqi market can use…
Read moreThe Abu Dhabi Global Markets (ADGM) Litigation Funding Rules The Litigation Funding Rules 2019 (the "Rules") of the Abu Dhabi Global Markets Courts ("ADGM Courts") were enacted on 16 April 2019. The Rules are issued by the Chief Justice of the ADGM Courts under Article 225 of the ADGM Courts,…
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