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Artificial Intelligence: Benefits, Limitations, and UAE Government Initiatives

M&CO Legal | April 25, 2024

I. Introduction: AI has been the subject of countless news articles, trending as a key topic on social media sites as well as government concern relating to its potential misuse.

Procedural Remedies for Delayed Arbitral Awards under UAE Federal Law No. 6/2018 on Arbitration

M&CO Legal | March 27, 2024

I.                   Introduction In accordance with the stipulations set forth in Article 42/1 of the UAE Federal Law No. 6/2018 on Arbitration (the “Law”),

Navigating the Legal Framework of UAE’s New Finance Lease Legislation

| March 6, 2024

On September 25, 2023, the United Arab Emirates (“UAE”) declared the enactment of Federal Decree-Law No. 32 of 2023 on Finance Lease (“New Law”), which shall come into effect on March 29,

Overview of the Insurance Disputes in the UAE

M&CO Legal | March 3, 2023

Insurance disputes in the UAE are an increasingly common occurrence. As the number of insurance policies and claims has increased over the years, so too has the number of disputes. In this article, we will look at the causes of insurance disputes in the UAE, the legal framework governing such disputes, and the steps that …

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INTERIM MEASURES – EX PARTE APPLICATIONS: FRIEND OR FOE?

M&CO Legal | March 3, 2023

Typically, Parties undergoing disputes submit Ex Parte applications if they anticipate that giving notice could defeat the purpose of the application (for example, freezing injunctions or search orders). While Ex Parte applications are accepted by most Courts, its still fairly untrod territory during Arbitration/s.

ARBITRATION: INTERIM MEASURES IN CONSTRUCTION MATTERS EX PARTE APPLICATIONS – FRIEND OR FOE?

M&CO Legal | January 11, 2023

Typically, Parties undergoing disputes submit Ex Parte applications if they anticipate that giving notice could defeat the purpose of the application (for example, freezing injunctions or search orders). While Ex Parte applications are accepted by most Courts, its still fairly untrod territory during Arbitration/s.

The concept of Limitation Period and its application in tortious liability under the UAE Legal System

M&CO Legal | November 7, 2022

Introduction – The concept of limitation periods has been principally adopted by the UAE legislator from the doctrine or the fiqh of two (2) Islamic scholars, namely “ Al Maliki “ and “ Al Hanafi “, considering that the UAE constitution provides in its Article seven that the Islamic Shari’ah is the principal source of …

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Bank Guarantees and Employee’s Protection Insurance Schemes

M&CO Legal | October 3, 2022

On 20th September 2021, the Federal Decree Law No. 33 of 2021 (the “Federal Labor Law”) was issued, which superseded the abrogated Federal Law No. 8 of 1980 on Labor Relations. The Federal Labor Law came into force on 2nd February 2022 and currently, governs the labor/ employment relations in the UAE.

Legal Changes Impacting the Capital Market and Joint Stock Companies in UAE

M&CO Legal | August 2, 2022

Federal Law No. 32 of 2021 on Commercial Companies (“New CCL”) came into effect on 2nd of January 2022 to entirely replace Federal Law No. 2 of 2015 on Commercial Companies (“Old CCL”).  

The Future of Virtual Assets in Dubai

M&CO Legal | June 21, 2022

Introduction: Back in 2021, at “Connect 2021” conference, the Facebook founder Mark Zuckerberg had announced a new era in social media history, via his new project, named, MetaVerse (“Meta” or “MetaVerse”) that is a wide-ranging and interoperable network of 3D virtual worlds, where these worlds are presented in real time, they can be tried simultaneously …

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