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This insight examines precautionary attachment (الحجز التحفظي/أمر الحجز) as a means of securing a debtor’s assets: whether an attachment can be obtained before a judgment is issued, what the court requires, how a court-appointed expert’s report can strengthen the application, whether the creditor must provide security, and the deadlines on which attachments are most often lost.

Real estate is a major sector of the Dubai economy and thus requires a comprehensive and transparent legal framework to regulate the complex relationship between landlord and tenant.

The claimant purchased two residential units from a single shareholder LLC for approximately AED 458,000. The project was later placed under the "Cancelled Projects Committee" and eventually sold...

Force majeure roughly translates to 'superior force' and is used when referring to unforeseeable events taking place.

The legal framework of real property transactions in the Emirate of Dubai is set out in Law No. 7 of 2006 Concerning Real Property Registration in the Emirate of Dubai, as amended by Law No. 7 of 2019. A fundamental prerequisite for institutional and individual capital deployment is recognising the statutory distinction between absolute property rights available to UAE and Gulf Cooperation Council (GCC) nationals and the regulated real property rights accessible to foreign investors

The United Arab Emirates (UAE) introduced ‘Economic Substance Regulations' (ESR or the Regulation) in April 2019.

As expected, United Arab Emirates (UAE) have announced the introduction of Corporate Income Tax on 31 January 2022. As a signatory to the Two Pillar package driven by the Organization...

The Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) has developed two significant regulatory drafts regarding software...

On 27 August 2020, Cabinet Resolution No. 58/2020 on the Regulation of Procedures Related to Real Beneficiaries (the "Resolution") was published, which has introduced new record keeping and...

The Saudi Arabia company law recognized four types of business entities: the joint stock company, the limited liability company (LLC), the partnership as well as the branch of a foreign company.

Over the last five years, companies worldwide have endured a series of global disruptions. It all started with the pandemic, and then global inflation due to war disrupted the momentum.

Oportunidades bilaterais de negócios devem levantar voo seguindo a normalização do relacionamento entre os dois países...

The outbreak of COVID-19 is impacting businesses; this includes effects on commercial and employment contracts..

A supplier misses a delivery date. A customer refuses to pay for completed work. A contractor walks away halfway through a project. In each case, the immediate problem is obvious, but the financial damage can spread: replacement costs, disrupted operations and lost sales.

Market participants are always looking for the optimal economic conditions for their activities.

The growing increase in international travel and trade has led to a parallel emergence of global threats such as disease and other health risks.

The outbreak of COVID-19 has massively impacted the global economy.