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FIDIC in the Middle East - The Must Knows for Industry Players
29 Mar 2017

FIDIC in the Middle East - The Must Knows for Industry Players

FIDIC in the Middle East - The Must Knows for Industry Players   The UAE industry has seldom been ignorant to internationally set standards- that in more than one ways.    Originally established as an organization by three founding countries Belgium, France, and Switzerland- today FIDIC, which is an abbreviation…

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05 Jan 2017

Who is Liable to Pay when Circumstances for Construction Change?

Who is Liable to Pay when Circumstances for Construction Change? Construction has been one of the most dynamic industrial sectors in the Middle East due to the increase in need of palatial residential and office spaces that arise from the surfeit of expatriates that flock into the region every year.…

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Dubai Courts | STA Law Firm
01 Jan 2017

Electronic Registration of Cases- Advantages and Legal Problems

Electronic Registration of Cases- Advantages and Legal Problems “The Internet is becoming the town square for the global village of tomorrow.” -Bill Gates Introduction Dubai has evolved to become the marketing and commercial hub of the Middle Eastern region. A surfeit of investors, traders and tourists flock into the Emirate on a…

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18 Oct 2016

Key Decisions on Dubai Property Laws between 2009 and 2013 by Dubai Court of Cassation (Part II)

The global economic meltdown had an adverse effect on the real estate industry of the Middle East. However, the Dubai real estate sector has been flourishing post its emergence from the unfavorable market environment of the global recession. The multitude of the different types of properties available has been attracting…

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14 Mar 2016

Musataha

There are across the world, varied different institutions of property, radically different ways of separating the land space, and developing rights in consonance with other legal, economic and social institutions. These differences get in to limelight when one pays attention to the sometimes subtle differences in policies and regulations that…

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14 Mar 2016

Project Financing -a Primer

Project Finance as the technique of financing any development idea is rapidly increasing in developing countries due to their drive to gain industrial development and improve infrastructural amenities. The infrastructural projects or projects relating to energy industry are usually funded by government through public funds since historical times due to…

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06 Mar 2016

Key Decisions on Dubai Property Laws between 2009 and 2013 by Dubai Court of Cassation

The prodigious and fortuitous impact (and, speed) of global financial crisis has left a lasting legacy on many. Questions have been raised in past as to what led to crisis, people who were instrumental in driving the downturn and people affected by same .Speed and force without direction can be…

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04 Jan 2016

Extension of Time

The construction contracts are generally prepared as per Fédération Internationale des Ingénieurs-Conseils (the FIDIC) red books 1987 and 1999, yellow book and silver book contract forms specifically in UAE to deliver projects. The legal provisions applying to such contracts are UAE Civil Code, Federal Law No. 5 of 1985 as…

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01 Dec 2015

Joint Ventures in Real Estate

Joint venture is an agreement between two or more parties wherein they principally agree on developing a new asset or entity by infusing equity for a term. In a joint venture transaction, parties agree to co-operate with each other and term of joint venture may be defined or open. Parties…

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arbitration law firms in UAE
27 Jul 2015

Закон о строительстве: требование продления в арбитражном суде

Construction Insight:     The sight of a rainbow in the middle of a desert is a rather recherché glimpse. United Arab Emirates however, is not a conventional desert panorama come true.   Take for example the construction industry in the region. There is an interesting mix of cultures and…

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10 Jul 2015

HOTEL MANAGEMENT AGREEMENTS

Agreeing with your spouse to reimburse him or her after a shopping trip? A contract. Buying a plane ticket? A contract. Signing an offer letter from an employer who has offered you a job? A contract. A multi-page complex document laying out the terms and conditions of a high-value corporate…

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08 May 2015

Hotel management agreements

While driving back from work yesterday I noticed a renowned hotel brand had popped up in my community out of nowhere. A few days back that same building was supposedly a mixed use development, but it now boasts the logo of a luxury hotel chain. As discussed in the first…

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UAEi Property Law
24 Mar 2015

Закон о собственности в Дубае - Закон о стратах

If I purchase an apartment in a communal building, what exactly do I own? Am I entitled to a section of the pool, a corner of the gym and rights over a particular elevator? Or do I only have rights over anything within the boundaries of my specific plot? Read…

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Property Lawyers in Dubai
20 Nov 2014

Отмененные строительные проекты в Дубае

Decree Number 21 of 2013 – One Year Later We’re all familiar with the story. Mr A buys property off-plan. Developer advises property will be completed by 201X. Mr A awaits handover with anticipation. 201X comes and goes, with no news on the property. Developer or sales agent contact Mr…

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