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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 renowned for its best quality healthcare facilities, which has led to a rise in medical tourism over the past decade.

World Health Organisation (WHO) have officially declared COVID-19 as a pandemic. BSA have already received several instructions regarding coverage advice related to matters arising from the coronavirus.

As of the 01 January 2017, employers in the Emirate of Dubai can expect to receive fines and be subject to severe visa sanctions for non-compliance with Dubai Law No. 11 of 2013.

World Health Organisation (WHO) have officially declared COVID-19 as a pandemic. BSA have already received several instructions regarding coverage advice related to matters arising from the coronavirus

Traditionally, construction and engineering insurance covers for onshore projects seek to provide property or income protection.

In our Legal Briefing dated May 4, 2020 we provided an overview of legal updates introduced by the Dubai Multi Commodities Center Authority ("DMCCA").

In a promising step to promote foreign investment, innovation and stability in the economy of the UAE, on 20 May 2018, the UAE Cabinet announced that by the end of 2018 it will grant long-term residency visas...

Falling behind on mortgage, loan, or credit card payments can have serious repercussions such as penalty charges, damage to one's credit score, and even loss of property

On 13 June 2021 the UAE Central Bank issued a circular with reference no. CBUAE/BSD/N/2021/3148 ("the Circular") addressed to all financial institutions operating in the UAE...

Amy Choudhary considers how the Qatar sanctions might affect the contractual obligation(s) of entities and whether performance can be discharged on the grounds of frustration.

Following the publication of Resolution No.6 of 2017, employers or sponsors of dependants and domestic workers have been given until 31 March 2017 to comply with Dubai Law No. 11 of 2013 (the Dubai Health Insurance Law).

A few manage to attract you and subsequently, millions of mobile applications are available to offer insurance policies, compare insurance prices and provide you with tailor-made insurance products.

The UAE Cabinet has issued Cabinet Resolution No. (42) of 2009, which came into force on 31 January 2010, increasing the minimum required paid up share capital of an insurance company to AED 100 million.

The United Arab Emirates Central Bank (CBUAE) have issued Notice No. CBUAE/BSD/2022/4708, dated 22 November 2022 in respect of "Activating the Requirements of Escrow Account for Funds & Premiums of Insurance Companies" (the "Notice").

The approach of many insurers, reinsurers and other entities operating in the insurance sector to compliance with anti-money laundering (AML) regulations and rules needs to be readdressed.

Welcome to the latest edition of Law Update for April 2025. As we move into the second quarter of the year, we are seeing rapid changes in both the insurance and transportation sectors...