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The rise in the number of companies facing severe financial distress is an unavoidable fact of today's economic market.

Whether it is for employment, buying/selling or leasing a property, construction of a building or applying for financial assistance from a bank, having a legal contract in such situations are inevitable.

At the beginning of December, the UAE legislator issued Federal Decree-Law 20/2025, amending key provisions of Federal Decree-Law 32/2021 on Commercial Companies.

A historic deal has been signed between UAE and Israel. Business between these two countries is finally open.

Nexdigm implemented a structured and proactive approach to assist the client during entire closure process...

MOHRE has expanded the labor market testing requirement to companies of all sizes and introduced an alternate labor market test, causing employers in mainland United Arab Emirates to experience delays ...

Two Dubai trading companies (the "Claimants") filed a commercial action against another local company (the "Defendant").

MiCA institutes uniform market rules for crypto-assets in the European Union.

"Return to normalcy," the slogan with whichWarren Harding won the US presidential election after World War I, perhaps best describes Dubai today. Property and rental prices are reasonable now (you can find a four bedroom villa centrally located for €2000 a month), the taxis are plentiful, and the traffic jams are largely gone.

Queen Elizabeth II is frequently regarded as the owner of one of the world's largest real estate portfolio with properties in the United Kingdom...

The Gulf Cooperation Council ("GCC") countries, traditionally known for their low-tax environments, have undergone significant transformations in their tax regimes...

The Dubai Financial Services Authority has introduced temporary regulatory relief measures for firms operating in or seeking authorisation within the Dubai International Financial Centre. These measures provide operational flexibility across authorisation processes, governance arrangements, and regulatory reporting while maintaining unchanged regulatory standards and supervisory expectations.

This case, in which Al Tamimi successfully represented the Defendant at all stages of the proceedings, is significant because the Court of Cassation established a new legal precedent with respect to Contracts of Adhesion.

In October, Fitch Ratings reported a decline of 14.4% (quarter-on-quarter) in total Sukuk issuances from the core markets of the GCC, Malaysia, Indonesia, Turkey and Pakistan during the third quarter (Q3) of 2022.

As dealmaking becomes more complex and fast-paced in the competitive business world, traditional due diligence models often fall short of their expectations.

Find below the list of required information that is needed for the business and for each shareholder, in order to open a bank account in Dubai:

The expansion of multinational companies is always either through incorporating a subsidiary or associating with a local distributor or a commercial agent in any jurisdiction.

Cultural sensitivity should be factored in to Middle East business dealings at any time of year, but particularly during the Muslim holy month of Ramadan.