The new UAE Commercial Companies Law No. 2 of 2015 ('New CCL') is expected to enter into force on 30 June 2015.

There have been some important changes to the way in which auditors are appointed, removed and their duties in relation to UAE companies.

Travelex was acquired in January 2015 by a consortium of shareholders with the majority stake held by Centurion Investments, a leading UAE investment firm and Dr. B. R. Shetty, a well-known entrepreneur and philanthropist .

The UAE's commercial agency regime has gone through significant reform, including the Federal Law No. 3 of 2022 Regulating Commercial Agencies, effective 15 June 2023.

I owe a friend of mine some money and I told him that I would pay him back after I sold my car.

A noteworthy amendment in the Commercial Agency Law (Federal Law 18 of 1981) in UAE is currently the talk of the town.

On 24 August 2020, the UAE Cabinet published Cabinet Decision No. 58/2020 on the Regulation of Procedures Related to Real Beneficiaries (the "New Cabinet Decision").

Headquartered in India, ABC Group (Client) is present in diversified businesses with a strong foothold in pharmaceuticals, biotechnology, and packaging industries.

Bribery refers to the offence of promising, offering or granting, either directly or indirectly, a person to either perform or to omit an act that is included in their duties or constitutes a violation of their duties.

As UAE is increasingly characterized as an economical hub, economic security is regarded as one of the most important issues in an ever-growing economic hub of the middle east.

The UAE is set to undergo a substantial transformation in handling end-of-service gratuity for employees in the private sector where employers will soon have the option to select from several schemes for their employees.

Nexdigm partnered with an IT platform provider as an implementation partner to provide portfolio reporting and data management services to Ultra-High Net Worth family offices.

2020 has been the year of wait and see for many of us. But not for the UAE!...

The UAE, with the aim to strengthen national framework for boosting trade and investment in the Middle East's most advanced economy,...

The new federal decree-law no. 35 of 2021 amending the provisions of federal decree-law no. 9 of 2016 regarding bankruptcy and its amendments has been introduced in the United Arab Emirates...

The Central Bank of UAE (CBUAE) has issued Circular 1/2025 on the Representation Offices of Foreign Insurance Companies and Foreign Reinsurance Companies Regulation...

I owe a friend of mine some money and I told him that I would pay him back after I sold my car

Other risks in this category include natural and political disasters and major macroeconomic shifts.

Dubai Multi Commodities Centre (DMCC) was established in the year 2002 as flagship hub for global commodities trade providing state-of-the art physical, financial and market infrastructure.

Ras Al Khaimah Free Trade Zone (RAK FTZ) is a free zone based in RAK and was established in 2001. The free zone has over 5,000 companies as its members cover various fields and economic activities.