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Mortgage Agreements in the Kingdom of Saudi Arabia As per the New Commercial Mortgages Law promulgated in the Kingdom of Saudi Arabia on 24 April 2018, the mortgage arrangement is anchored in a fixed debt that is promised to be amortized, or an item guaranteed under the debt or outstanding…
Read moreLegislation Number Federal Law Number 5 of 2012 Concerning Combating Information Technology Crimes (Cyber Crimes Law) Date of publication in the Official Gazette 13 August 2012 Jurisdiction The United Arab Emirates Related Legislation Federal Law Number 12 of 2016 amending Federal Law Number 5 of 2012 on Combating…
Read moreSohar Free Zone What law established this free zone? A Ministerial Committee to was set up by His Majesty Sultan Qaboos bin Said establish a new Port in SOHAR in 1995 and to develop the Port of Salalah, formerly called Raysut. The Government of Oman and Port of Rotterdam signed…
Read moreUmmal Quwain Freezone 1. What law established this freezone? The law establishing this freezone are as follows: Ummal Quwain Emiri Decree No. 2/1987 concerning the Incorporation of a Freezone in Ahmed Bin Rashid Port; Ummal Quwain Free Trade Zone Ordinance 1987; Ummal Quwain Law No. 1/2013 concerning ports, Customs, and…
Read moreTECOM Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone Companies Regulations…
Read moreHamriyah Free Zone 1. What law established this freezone? The Hamriyah Free Zone was established under Sharjah Emiri Decree No. 6/1995 issued in 12 November 1995 as amended by Sharjah Executive Council Decision No. 1/2000 (the Decree). 2. What are the main internal regulations governing this freezone? The principle regulation…
Read moreFujairah Creative Freezone 1. What law established this freezone? Fujairah Emiri Decree No. 4/2007 established Fujairah Creative City (FCC). 2. What are the main internal regulations governing this freezone? The Fujairah Free Zone Authority sets the regulations governing FCC Free Zone. 3. Does this freezone have any reciprocal arrangements with…
Read moreFujairah Free Zone 1. What law established this free zone? Fujairah Free Zone was established by Emiri Decree on 28 November 19987 and is located next to the Port of Fujairah which offers total unique access to all Arabian Gulf Ports, the Red Sea, India and Pakistan. 2. What are…
Read moreDubai World Central Freezone 1. What law established this freezone? Dubai World Central (DWC) freezone was established under Dubai Law No. 8/2006, amended by Dubai Law No. 10/2015. 2. What are the main internal regulations governing this freezone? DWC is regulated by the DWC Free Zone and Administration Rules and…
Read moreDubai Sceience Park City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free…
Read moreDubai Production City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone…
Read moreDubai Media City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone…
Read moreDubai Internet City Freezone 1. What law established this freezone? This freezone was established by Dubai Law No. 1/2000 issued on 29 January 2000. 2. What are the main internal regulations governing this freezone? The regulations governing the Dubai Creative Clusters (DCC) were the Dubai Technology and Media Free Zone…
Read moreAjman Freezone Authority 1. What law established this freezone? The Ajman Free Zone was established in 1988 and was granted autonomous status in 1996, by the Ajman Emiri Decree No. 3/1996. 2. What are the main internal regulations governing this freezone? The Ajman Free Zone Authority has issued an "Integrated…
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