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United Arab Emirates has recently annulled the rule which required 51% ownership of a UAE national for onshore companies.

The UAE's new Civil Code introduces significant changes affecting construction and Muqawala contracts, including provisions on negotiation obligations, disclosure requirements, exceptional unforeseen circumstances, and liquidated damages. Understanding these key provisions and their practical implications is essential for parties involved in construction projects operating under the new legal framework.

Greetings from the UAE! We are taking part in a series of inspiring and productive meetings whilst proudly representing Berkley Ltd.

Certainly, we all didn't imagine the most awaited 2020 to be such harsh year for health, economy and lifestyle for everyone.

Between October 4-6, 2021, Shearman & Sterling sponsored the World Hydrogen Congress. During the conference, partner Dan Feldman, Leader of Shearman & Sterling's Global Hydrogen Industry Team...

Question: I have a small company in the UAE and I signed a contract with an international company. The contract states that any dispute that arises from a breach of the contract has to be decided in the court

The Federal Cabinet issued the Cabinet Resolution No 58/2020 (the "UBO Regulations") last year. The UBO Regulations applies to...

The DIFC has launched the UAE's first Variable Capital Company (VCC) regime, offering a flexible structure that allows multiple investment portfolios to operate within a single entity while remaining legally segregated.

Typically, DED is working on the case to case basis as there is no critical guideline for them to offer a certain percentage to the foreign owner.

The new law came into force on 28 October 2017.

We have recently experienced an increase in mandates concerning disputes between shareholders and the Board of a Cayman company, which in many cases...

In an era of rapid economic and geopolitical change, companies globally and in the Middle East are increasingly adopting green and sustainable strategies. These are being integrated into broader business operations...

An audit is an independent examination of the financial report of an entity – including balance sheet, income, equity and cash flow – to form a view on whether the information presents a true and...

Question: My business agreed with a company to buy some goods in bulk and we paid the full amount owed. Later on they kept delaying delivering the goods for month after month.

Declaration of money, precious stones and metals and negotiable currencies or financial instruments in possession of inbound and outbound travellers or shipping companies...

The dissolution of a company can result in its termination.

Dubai is controlling the number of state-related entities to help support the expansion of the private sector and its economic growth.