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Criminal Law System in the UAE The United Arab Emirates (UAE) boasts a criminal law system that is a unique blend of Islamic law, or Sharia, and modern civil law principles. This system is designed to address a wide range of criminal offenses, ensuring order and justice within the diverse…
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Saudi Arabia Civil Transactions law The Kingdom of Saudi Arabia (KSA) Civil Transactions Law enacted on 19 June 2023, by Royal Decree M/191, has now been published in the official gazette. It will come into effect 180 days from the date of publication, i.e. around 16 December 2023. The Law…
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Bahrain Labour Law Bahrain's labor law serves as the cornerstone for regulating the employment relationship between employers and employees, ensuring fair treatment, and fostering a healthy work environment. This article provides an overview of key aspects within Bahrain's labor law, emphasizing the rights and responsibilities it establishes for both parties.…
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Cryptocurrency Market in UAE The United Arab Emirates (UAE), known for its dynamic economy and technological advancements, has been making significant strides in embracing the world of cryptocurrencies. This article delves into the current state of the cryptocurrency market in the UAE, exploring regulatory developments, market trends, and the evolving…
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Overview of the Current Indirect Taxes in GCC The Gulf Cooperation Council (GCC) has undergone significant economic reforms in recent years, with a particular focus on the introduction and development of indirect taxes. This article provides an overview of the current state of indirect taxes in the GCC region. VAT…
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Priorities of India’s G20 Presidency India gathered the G20 leaders' Summit for the first time in 2023, as 43 Heads of Delegations the biggest ever in the G20 participated in the last New Delhi summit in September. As a nation focused on democracy and multilateralism, India's presidency has been a…
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New Saudi Civil Law On June 19, 2023, the Kingdom of Saudi Arabia enacted the Civil Transactions Law proclaimed by Royal Decree M/191 dated 18 June 2023 (Dhul-Qi'dah 29 1444 AH). The Code, which goes into force on December 16, 2023 (Jumada II 3, 1445 AH), marks a significant step…
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New Commercial Agencies Law in the UAE The Old law was seen to be more in favor of the agents; giving a better legal stance for agents compared to that of principals. Notwithstanding, the New law comes with the spirit of striking harmony among principals and agents. Furthermore, the New…
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Income Tax Amendment in Qatar The purpose behind the amendments is to adjust the Income Tax Law with worldwide standards and best practices. It is expected that amendments to the Executive Regulations (ER) will be published soon, which will incorporate further insights about the new amendments to the Income Tax…
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GCC Trade Marks Law Qatar has marked a significant development in trademark practice and become the fifth Gulf Cooperation Council (GCC) country to implement the GCC Trade Marks Law in the region. The provisions of Ministerial Decree No 56 of 2023 were published in the Qatar Official Gazette on 9…
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UAE’s New Digital Assets Law In the rapidly evolving world of finance and technology, digital assets have emerged as a transformative force, reshaping the way we perceive and interact with value. From cryptocurrencies to non-fungible tokens (NFTs), the realm of digital assets is expansive and diverse, bringing forth a myriad…
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India- UAE trade pact I do believe that international trade agreements benefit both nations, always. Phil Knight India - UAE have agreed on a Comprehensive Economic Partnership Agreement. (CEPA) is the most significant bilateral trade pact between the two largest economies. The main objective of this agreement is to bring…
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Oman's New Securities Law (Decree 46 of 2022) "We have seen a systematic erosion of liberty and democracy in Hong Kong. Since the National Security Law was imposed, authorities have cracked down on free speech, the free press, and free association. - Liz Truss, British Foreign Secretary Oman Sultani Decree No.…
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Enforcing Foreign Judgments in Bahrain “To invoke alien law when it agrees with one's own thinking, and ignore it otherwise, is not reasoned decision making, but sophistry.” ― Antonin Scalia, The enforcement of foreign judgments is the acknowledgment and enforcement in one jurisdiction of judgments delivered in another/foreign jurisdiction. Foreign judgments may be acknowledged based on bilateral or multilateral treaties or understandings,…
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