UAE Law(s) Concerning Dormant Bank Accounts Introduction Bank accounts are among the most critical and valuable accounts that can belong to an individual. Long past is the time when people would stash their money in hidden safes and secret location, and the concept of stashing ones valuables in a mattress…
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Guide on Tax in UAE, Saudi Arabia, Kuwait, Bahrain and Oman Introduction: Gulf co-operation council is the abbreviated form of GCC. It came into force in 1981. It is the union of all Arab state except Iraq and UAE is one of its member states. Saudi Arabia has head first…
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Short Term Contracts for Transportation of Petroleum Introduction The Oil and Gas industry has regularly witnessed extensive discussions about the decrease in the term of the natural gas contracts, and many have encountered different unforeseen results which relate to such diminishment. Usually, the best associates of long-term contracts for pipeline…
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New Regulations in Association Health Plans – United States of America Introduction Benjamin Carson once said that Healthcare is one-sixth of the economy of the United States. He went on to state that if the government can control, then they control just about everything. Thomas Vilsack supports these views by…
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Regulatory updates in Turkish Capital Markets The Turkish Capital Markets Board is the financial, regulatory and supervisory agency where the Turkish Finance Ministry appoints its board. The Capital Market Law is passed for the regulation and supervision of the capital markets for ensuring the functioning and development via the security,…
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Can artificial intelligence machines be patented or sued? Introduction Hollywood movies introduced the concept of artificial intelligence to the world. Following the portrayal of artificial intelligence, many have speculated that robots will one day take over the world and subdue humans as their subjects. For this to happen, artificial intelligence…
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Debt Collection in UAE “If you would know the value of money try to borrow some.”- Benjamin Franklin What is debt? From the ancient times of the barter system, traces of debts can be found. This was when people exchanged goods and serviced for other goods and services. But now…
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Ship Arrests and Indian Maritime Law “The safety of the people shall be the highest law” - Marcus Tullius Cicero India has a long-standing history in dealing with the sea and has had a distinguished tradition for several years with trade and commerce, both within the region and beyond its…
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Domain Name Protection in UAE Nowadays, all kinds of information can be found on the internet. As a result, Governments, companies, organizations and individuals use websites to provide information online. These websites are domain names used in URLs, for example in the URL https://www.stalawfirm.com/en.html; the domain name is stalalawfirm.com. A…
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Arbitration Proceedings in Nigeria Trade is connected with the potential for strife, and the development of globalization in business implies that the potential for conflict has also developed exponentially. Then what can be considered to resolve such disputes occurring out of these commercial proceedings? Disputes eventually need resolution, and in…
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UK Mergers Regime – The UK is moving towards Reform of National Security and Infrastructure Investment Review in The UK Introduction Generally, countries introduce merger control regimes that are assessed based on competition criteria. However, most merger regimes also allow consideration of public interest criteria when scrutinizing mergers. The most…
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Joint Operational Area Introduction The JOA is a primary legally binding system where multiple gatherings hold hands are intending to make a benefit. It includes high dangers and expenses; however once a triumph; high rewards are accomplished. This empowers JOAs in the O&G business. It is an agreement between parties,…
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Dubai Electronic Transactions Statute Introduction Dubai is a city that is globally known for its high living standard for those who reside therein, but also its flashy and highly impressive locations and attractions. It is a popular tourist destination which hosts millions of foreign visitors every year. The numbers have…
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Tenancy Law in the United Arab Emirates Introduction Tenancy law is a fundamental regulatory framework that systemizes the relationship between tenants and owners. It defines the obligations, risks, and procedural requirements to deal with disputes. In the UAE the provisions regarding tenancy law are found under Federal Law No.5 of…
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