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Earlier in August 2020, the UAE made a retrospective amendment to its Economic Substance Regulation (ESR). The amended law (also referred to as ‘New ESR') made significant changes to the ...

Our client, a successful entrepreneur from Italy, had lived in Dubai for over 7 years.

A CNBC article noted, "With the Stock market bland and the bond market bubbling, investors may have to search elsewhere in the months ahead for return."

Writing at the end of last year, I noted that a delegation from Guernsey was attending the SuperReturn Middle East conference in Abu Dhabi.

In Islamic Finance, the term wakala describes an agency or a delegated authority where a muwakkil (principal) appoints the wakil (agent) to carry out a specific job on behalf of the muwakkil.

The successful recovery of outstanding debts is critical for the financial health and stability of any business operating in the UAE. However, this process can be both time-consuming and complex

Until recently, the Kingdom of Bahrain was the only choice for domiciling a collective investment vehicle within the Middle East and North Africa.

As the finance sector in the GCC continues to boom, service providers in the region are playing a critical role in that success.

As announced by the Dubai International Financial Centre ("DIFC") on 14 December 2014, His Highness Sheikh Mohammed bin Rashid Al Maktoum has enacted the DIFC

SCA has issued two draft Directors’ Decisions, the first concerning the regulation of investment funds (Fund Decision), the second covering the activity investment managers (Manager Decision).

Fund administration in the UAE is booming. In 2024, AUM in DIFC surged by 58% to $700 billion, while ADGM recorded a 226% increase in the first half of the year. As global investment activity rises, fund managers increasingly choose ADGM and DIFC for structuring and scaling their funds.

With UAE's emergence as a global business hub, owing to its flexible economic structure and numerous free zones, financial bankruptcy

Running a business involves taking risks in order to continue to scale new grounds. Sometimes, these risks may not be successful, leading to debts.

On 2 October 2024 the UAE's Federal Tax Authority (FTA) published an amended version of the VAT Executive Regulations which incorporates changes introduced by Cabinet Decision No. (100) 2024.

The UAE has long positioned itself at the forefront of innovation in the region and is now strengthening its status by becoming the hub for crypto investors in the Middle East.

Europe is the world's biggest economy. It is threatened, however, by bank and government debt defaults.

The guarantee is considered a fundamental legal tool to ensure the fulfillment of financial obligations in commercial and personal transactions.