Unmanned Aerial Vehicles – Dealing with Drones - Global Overview From the printing press to the atomic bomb, humankind reveals an inclination to innovate first and plan later. It is a simple truth that technology develops faster and further than law. Cars and hi-tech smartphones are everyday examples of techniques…
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The ICC International Court of Arbitration STA's Dispute Resolution Team discusses the role of International Chamber of Commerce in dispute resolution and specifically in cross-border disputes, dispute that pique unique challenges and address the moot question as to why is the ICC today a preferred choice to settle disputes. Introduction:…
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Abu Dhabi Global Markets: Rising to the challenge Historically, finance has always been ‘international’ in character; capital has rarely been mobile. Money has moved freely across borders for all of the civilization with gold and silver being global currencies for millennia. With the passage of time, money has been reverting to its…
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In this interesting Article, Surbhi questions the legal standing of the cryptocurrency Bitcoin and the challenges it has posed for both financial institutions and regulators at large. Historically, finance has always been international in character; capital has rarely been mobile. Money has moved freely across borders for all of the…
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The Abu Dhabi Government has implemented numerous laws and regulations regarding the real estate sector lately. The Emirate of Abu Dhabi has experienced an exponential growth in the past few years. The new real estate law – Number 3 of 2015 Regulating Real Estate Sector in the Emirate of Abu…
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Trade Finance - Letter of Credit in UAE Context A documentary credit or a letter of credit is usually used to finance international trade. Judges have referred to documentary credits as the “lifeblood” of global commerce. Most documentary credits in international transactions are governed by the International Chamber of…
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Dubai Data Law In October last year, Dubai introduced the new ‘data law’ which will allow the sharing of information between public sectors and for the benefit of the private sector. This Article aims to understand the concomitants of such a move. Remember that time when a dial-up icon popped…
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‘We have not inherited the planet from our fathers, we have borrowed it from our children’ The only probable reason that could bring together and unite the leaders of the world is Environmental Pollution and Global warming. These predicaments have been long discussed and debated subjects of the 21st Century.…
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“Walk where your heart leads you, there are no restrictions and no burdens.” Howsoever good you might find the above quote, the truth is that such a thing is not always a reality in this world. But international conventions, rules, and regulations such as The Universal Declaration of Human Rights…
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The due diligence is sin qua non for the purposes of investments, acquisitions, joint ventures, partnerships or such other essential investment ventures. It provides rational assurance on the investment related to assessment, financing, and purchase of assets. The mining companies, by its nature of exploration and mining, launch itself or…
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‘‘ It is of fundamental importance that justice not only be done, but should manifestly and undoubtedly be seen to be done’’. …
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INTERNATIONAL AGREEMENTS GOVERNING THE ENFORCEMENT OF FOREIGN JUDGMENTS IN THE UAE To continue with our previous article, the second part deals with the various agreements in place between the United Arab Emirates and various countries and how they are enforced. We have looked at multilateral and bilateral agreements separately…
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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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Employment in the United Arab Emirates is a frequently discussed area of law and there are several publications that have addressed various aspects of the same. In this article, we aim to discuss the legality of non-compete clauses within employment contracts. What is a non-compete clause? A non -compete clause…
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