32 results found

Foundations and Trusts are both legal entities that are used to manage assets and provide financial support for specific individuals or organizations.

With the number of foundations registered in the UAE surpassing 350, the structure is increasingly being used as an ‘off the shelf product', rather than a bespoke wealth solution...

Whether it's at a mall or a hotel, at some point, most drivers in the UAE will have handed over their keys to get their automotive pride and joy valet parked.

When working with family businesses, it's sometimes surprising to see the gap between the founder and the next generation, particularly when the next generation do not see the importance of the business.

Dominic de Mariveles has relocated from London to the UAE in his role as Chief Commercial Officer at Praxis, reflecting the independent professional services firm's commitment to both the Middle East and Southeast Asia as key growth regions.

In addition, the term fraud is often confused with breach of trust and used interchangeably.

In late 2020, the Federal Decree-Law No. 19 of 2020 on Τrusts was enacted in the United Arab Emirates by President Sheikh Khalifa bin Zayed.

With the number of foundations registered in the UAE surpassing 650, the structure is increasingly being used as an ‘off the shelf product', rather than a bespoke wealth solution, explains Nina Auchoybur...

As a business owner, it is quite likely that a significant portion of your personal wealth is tied up in your business and, at some stage, every family owned business must be transferred.

Health Insurance is by far the largest line of risk, alongside motor insurance in the Middle East. Both lines of insurance tend to be mandatory in several of the GCC countries, save that health insurance...

Time is an unchanging constant throughout our world. Forever moving in one direction, pushing us all into the hazy future.

BLK Partners is a multi-jurisdictional law firm operating across Saudi Arabia, UAE, Lebanon, and Egypt, providing comprehensive legal services under a unified trademark while maintaining independent registrations in each jurisdiction. The firm's newsroom showcases expertise spanning maritime law, fintech regulation, corporate governance, real estate, employment law, and public-private partnerships, with particular focus on Middle Eastern legal developments and Vision 2030 initiatives.

Dubai Multi Commodities Centre has introduced new Foundations Regulations, creating a separate legal entity structure for private wealth holders and family offices. The framework enables long-term asset holding, succession planning and wealth preservation, with flexible governance arrangements and reserved powers for founders starting from USD 100 in initial assets.

ADGM’s 2026 commercial law changes introduce new requirements for nominee arrangements, foreign company branches, beneficial ownership records and certain cash transactions. Businesses should review their ownership information and compliance procedures to determine which changes apply to them.

Foundations, a unique legal entity blending aspects of private companies and trusts, have gained significant traction in the United Arab Emirates (UAE).

In September 2026, the Dubai Multi Commodities Centre Authority (“DMCCA”) introduced its new Foundations Regulations, adding another private wealth and succession planning structure to the UAE landscape.

BLK Partners is a multi-jurisdictional law firm operating across Saudi Arabia, UAE, Lebanon, and Egypt, providing comprehensive legal services under registered trademarks in each region.