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Lawyers in Abu Dhabi
02 Feb 2022

NFTs and Intellectual Property

NFTs and Intellectual Property Non-fungible Tokens (NFTs) have been extremely popular recently, following the significance garnered with the cryptocurrency community in 2017, with some selling for substantial amounts at auctions. They possess multiple uses, from the ability to enhance innovation as well as generate significant proceeds for both creators and…

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Criminal Lawyers in Dubai
02 Feb 2022

Dealing with Counterfeit in the UAE

Dealing with Counterfeit in the UAE Introduction Businesses engaging with counterfeit items in the UAE now risk significantly harsher sanctions, again for legitimate brand owners. The maximum punishment for counterfeiting has been increased from AED 10,000 (about USD 2,700) to AED 1 million (approximately USD 275,000) for pharmaceutical and food…

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Lawyers in Abu Dhabi
01 Feb 2022

Enforcing Foreign Judgments in Qatar

Enforcing Foreign Judgments in Qatar "Law is the embodiment of the moral sentiment of the people." - William Blackstone. During recent years, the expansion of international commercial transactions has increased the disputes involving foreign elements. Some conflicts are settled amicably, and some arguments are settled in courts. In both cases,…

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Lawyers in Abu Dhabi
01 Feb 2022

Foreign Direct Investment in Qatar

Foreign Direct Investment in Qatar: A Guide The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. - John Maynard Keynes. Foreign direct investment in Qatar has shown an upward trend during the past years. The country's political stability,…

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Lawyers in Abu Dhabi
01 Feb 2022

Enforcing Trademarks in Kingdom of KSA

Enforcing Trademarks in the Kingdom of Saudi Arabia “A great trademark is appropriate, dynamic, distinctive, memorable, and unique.”  – Primo Angeli Introduction Common law rights are not recognized under Saudi Arabian law. Trademark rights can only be obtained through registration. The only exception is well-known trademarks that are recognized as…

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Lawyers in Abu Dhabi
01 Feb 2022

Enforcement of Arbitral Awards in Bahrain

Arbitration in Bahrain and Enforcement of Arbitral Awards in Bahrain Arbitration rules enacted by The Kingdom of Bahrain In 2009 make it the primary united states within the globe to create the equal of a loose exchange quarter for arbitration. That rules, Legislative Decree No. 30(The Decree), offers events to…

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Law Firms in Dubai
01 Feb 2022

Decree 34 of 2021 its impact on arbitration

Decree 34 of 2021 and its impact on arbitration Decree No. 34 has been issued on Sept. 14, 2021, and took effect on September 20, 2021. The Decree canceled two arbitration organizations in Dubai: I the Arbitration Organization of the Dubai International Financial Centre ("DIFC"), which included the DIFC-LCIA arbitration…

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Financial Lawyers in UAE
05 Jan 2022

Factoring and Transfer of Civil Accounts Receivable

Federal Decree-Law Number 16 of 2021 on Factoring and Transfer of Civil Accounts Receivable The Government of the United Arab Emirates has recently brought in the Federal Decree-Law Number 16 of 2021 to deal with issues regarding the Factoring and Transfer of Accounts Receivable within the country. The New Law…

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Lawyers in Dubai
05 Jan 2022

Crypto Asset Regulation in the UAE

Crypto Asset Regulation in the UAE - A Guide The sphere of crypto assets is continuously evolving in all spheres in the global area. The terminology is simultaneously advancing with terms such as crypto assets, cryptocurrencies, security tokens, etc. The regulation of these crypto-assets is a matter of frequent discussion…

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Lawyers in Abu Dhabi
05 Jan 2022

UAE to Join Madrid System in December 2021

UAE to Join Madrid System in December 2021, Understanding the implications The Government of the United Arab Emirates has declared its move to join the Madrid Protocol System, which will come into force on the 28th of December 2021. The move indicates the UAE becoming the 109th country globally and…

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Lawyers in Abu Dhabi
05 Jan 2022

Land Register in Emirate of Ras Al Khaimah

Law Number (11) Of 2021 on Land Register in Emirate of Ras Al Khaimah Introduction The UAE government has issued Federal Law Number (11) of 2021, which supersedes the former Industrial Property Law Number (31) of 2006 on the Regulation and Protection of Patents, Industrial Drawings, and Designs... The new…

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Lawyers in Dubai
04 Jan 2022

Qatars Commercial Companies Law

Qatar's Commercial Companies Law Qatar possesses a business-stimulating environment that instigates investors to invest in different business entities. Setting up a business in Qatar was not restricted to any specific kind of business. The region has expanded itself to encourage various company incorporations in Qatar. As per the law, a…

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Lawyers in Dubai
04 Jan 2022

Enforcement of Arbitral Awards in UAE

Enforcement of Arbitral Awards in UAE Enforcement is agreeing with a contract with an appropriate dispute resolution mechanism. The UAE introduced federal Law No.6 of 2018 on Arbitration in 2018. It clarifies the procedures to challenge the enforcement of an arbitral award before the onshore UAE courts. The arbitration law…

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Law Firms in Dubai
03 Jan 2022

Federal Law 6 of 2021: Introduction of Mediation Law in UАE

Federal Law Number 6 of 2021: Introduction of Mediation Law in UАE Introduction А process where an unbiased third party helps the disputing party to resolve their disputes or conflicts by the use of specialized techniques and methods of negotiations is referred as mediation. It is an аlternаtive dispute resolution mechanism…

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