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Financial Lawyers in UAE
01 Mar 2020

Public Procurement Law in Kingdom of Saudi Arabia

Public Procurement Law in Kingdom of Saudi Arabia Though it is noteworthy that public procurement is a national activity, it is keenly gauged by international bodies like World Bank, World Trade Organization (WTO) that approximates the contribution of public procurement in GDP up to 10 to 15% signalling public procurement…

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Lawyers in Dubai
01 Mar 2020

Investors’ Due Diligence Real Estate

Investors’ Due Diligence Before Purchasing Real Estate in Dubai Numerous authors, legal professionals, bankers and jurists have written papers on the increased foreclosure rates preceding 2008 in the United States' real estate market. This predicament led to a domino effect of issues on mortgages, (the infamous) collateral debt obligations and other…

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Lawyers in Abu Dhabi
02 Feb 2020

Musataha Agreement

Musataha Agreements in the UAE Introduction The Rights of Musataha is a vital tool for real estate development in the United Arab Emirates (UAE). It enables the investors to establish stable and safe investment projects whilst achieving the adequate balance between the rights of the proprietor and those of the…

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Contracting Lawyers in Dubai
04 Jan 2020

Liquidated Damages upon Contract Termination

Liquidated Damages upon Contract Termination Liquidated damages while not present in every contract, there will arise occasions where liquidated damages are mentioned within contracts and provide necessary assurance and security. There are numerous benefits, though also some drawbacks to this type of clause. The method of awarding damages also differs…

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Lawyers in Dubai
02 Jan 2020

Abu Dhabi Land disposal

Granted Commercial and Residential Land in Abu Dhabi and its Disposal Land has been a bone of contention since times immemorial, wars have been fought for controlling the land. Similarly, in modern times as well as in almost all the countries of the world with well-developed legal systems codified or…

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Property Lawyers in UAE
10 Dec 2019

Defective Handed Over Real Estate

  Defective Handed Over Real Estate Units As Winston Churchill once said: “Land monopoly is the mother of all monopoly”. Decades later, this statement has still proven to be accurate as real estate is a booming industry all over the world. Real estate in the United Arab Emirates (UAE) in…

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Financial Lawyers in UAE
10 Oct 2019

real estate market financing rules

Does the UAE real estate market need new financing rules? The United Arab Emirates (UAE) property market has experienced quite a few major developments within the past decade, with a host of new laws, initiatives, and real estate projects being announced. Moving into 2019, the UAE real estate market has…

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Property Lawyers in Abu Dhabi
06 Aug 2019

off-plan contract termination

The decision of the Land Department to cancel the registration In the judiciary of cassation in Dubai and Law 19 of 2017 Due to the importance of the real estate market in Dubai, especially the sales system on the map, which allows the investor to buy through installments and allows…

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construction Lawyers in Dubai
23 Mar 2019

EPC and Design-Build delivery

Differences between EPC and Design-Build delivery- English Law compared with GCC Any manufacturing company primarily delves on the basics of production efficiency, innovation, cost management and time to market which are the critical factors for achieving a competitive advantage. The company needs to achieve its business strategy, and thus a…

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Lawyers in Dubai
02 Oct 2018

Project Financing

Examining Project Financing issues and Regulations Introduction Driving through Dubai one is inundated with the view of cranes and construction sites, however, if a closer look is taken it becomes increasingly more evident that many, if not most of these sites are inactive and the buildings are left skeletons of…

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Lawyers in Abu Dhabi
05 Sep 2018

Обеспечение Ипотечных Заемов в Абу Даби

Обеспечение Ипотечных Заемов в Абу Даби Ипотека – Основы Ипотека – это вид банковских кредитов, предназначенных для тех, кто хочет приобрести недвижимость. Покупка недвижимости – очень важная часть современной жизни, причем все потенциально находятся под одним зонтом – от самых известных компаний, покупающих недвижимость под новые проекты, до обычных покупателей…

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Asset Protection Laws in UAE
24 Apr 2018

Securitization

SECURITIZATION: AN OVERVIEW Introduction Securitization is a powerful financial tool that renders possible the profitability of illiquid assets. We all agree that securitization contributed to the 2008 Financial Crisis, demonstrating how this powerful businessinstrument is a double-edged sword: it is capable of both boosting and devastating an economy. The United…

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Law Firms in Dubai
18 Feb 2018

Contracts Law - Extension of Time

Preventive Principle and Extension of Time Time and again we have discussed the level of dynamicity in the sectors and industries such as construction, maritime, cryptocurrency and the like. Today, we are going to analyze why these areas in specific are comparatively more dynamic than others – mainly because projects…

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Oil and Gas laws in Bahrain
04 Jan 2018

Руководство по нефти и газу: Бахрейн

Oil and Gas Country Guide: Bahrain 1. What department/agency regulates oil and gas extraction? What are the primary laws which apply? Several government agencies regulate the oil and gas sector in the Kingdom of Bahrain. The National Oil & Gas Authority (the NOGA) regulates and develops Bahrain’s hydrocarbons sector. NOGA also…

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