Evidential Law-United Arab Emirates
The United Arab Emirates (UAE), which is a federation of seven Emirates i.e., Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain (UAQ), Ras Al Khaimah (RAK) and Fujairah, has promulgated laws which are progressive in content and application. These have, over the years, served ends of justice well. Towards this end, the Federal Government of …
New Family Business Law: Regulates the benefits, incentives and work of family businesses, governance, management, transfer of shares and dispute resolution in order to enhance their role in the national economy
On 10 October 2022, Decree-Law No. (37) on Family Businesses was issued and published in the Official Gazette and it will come into force three months after the date of publication, i.e. from 10/01/2023. The law has identified the family companies as any company established in accordance with the provisions of the Companies Law and …
UAE – Regime to encourage innovation through new Patent law
One of the important aspects of intellectual property law is regulating the regime of prosecution and protection of Patents, and Industrial Designs. This encourages innovation thus leading to advancement in technology.
Dubai – Virtual Assets are accorded statutory recognition
The Emirate of Dubai in the United Arab Emirates (UAE) is rapidly developing into as being one of the global centers for setting up of operations and dealing in virtual assets and cryptocurrencies. There are new startups in this digital space which encourage innovation in technology and digital assets. With such interests developing comes the …
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The effect of recent English Supreme Court judgments on GCC-based arbitration
Over the past six months there have been two important judgments in the Supreme Court of England and Wales which are likely to influence GCC-based arbitrations where they are based on common law procedures and rules. They may also impact arbitrations seated in the Dubai International Finance Centre (DIFC), the Abu Dhabi Global Markets (ADGM) …
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