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Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy.

Article 201 of the UAE Bankruptcy Law also entitles a court to order imprisonment in certain circumstances, including where there has been a failure to share information with a bankruptcy trustee.

The years 2019 – 2020 saw the real estate market being impacted across the world due to the negative impact of Covid-19.

What is the current business climate in your jurisdiction including major political, economic and/or legal activities on the horizon in your country that could have a big impact on businesses?

The Emirate of Dubai is currently experiencing a period of unprecedented economic growth and prosperity. There is much interest from investors who wish to establish a presence in Dubai to take advantage...

In 2023, the Emirate of Ras Al Khaimah, in the United Arab Emirates ("UAE"), made a significant leap in the digital and virtual assets landscape by launching the RAK Digital Assets Oasis ("RAK DAO")...

With a large number of recent IPOs in Oman caused by amendments to the Oman Insurance Companies Law, Ms Catherine Jaskiewicz of BSA looks at the various provisions of the new legislation and the regulatory framework

The UAE is celebrating its golden jubilee (50 years as a unified nation), and the ‘Projects of the 50' initiative is a series of social and economic development projects that the UAE will announce to celebrate the milestone.

This article considers certain issues that may arise as a result of a lack of proper corporate and succession planning, and the challenges that local businesses, including family businesses, may face as a result.

Federal Law No. 3 OF 2022 Regulating Commercial Agencies (the "Commercial Agencies Law"), which came into effect on 15th June 2023 (the "Effective Date")...

In the current era of competition and innovation, keeping your intellectual property (IP) safe has never been more crucial.

For the third year in a row, the NBA came to Abu Dhabi in 2024.

The Dubai government has recently allowed the companies in free zones to expand in the mainland Dubai.

In a bid to fortify the growth and sustainability of family-owned businesses in Dubai, the Dubai Centre for Family Businesses, operating under the Dubai Chambers...

As a generation growing up on science fiction, AI vs. homo sapiens always seemed like a near possibility. (hint – The Matrix). Will this be the next big face-off?

In our experience, a "sleeves rolled up" implementation mindset is critical when executing a successful turnaround.

On January 2, 2021, the UAE will bring into effect a series of significant amendments (the "Amendments") to the main law governing business activity in the country — Law 2 of 2015...