The dramatic fall in crude prices has led to speculation that some oil-producing countries may be forced to abandon their currencies' fixed exchange rate pegs, which are typically set to the US Dollar.

In September 2024, the Securities and Commodities Authority (SCA) and Dubai's Virtual Assets Regulatory Authority (VARA) signed a cooperation agreement...

The Special Tribunal to decide the disputes related to the Settlement of the Financial Position of Dubai World and its Subsidiaries (the Tribunal) has issued its first Practice Direction.

As a key commercial hub in the Middle East region, and benefitting from continued economic growth, population expansion, and as a tourist destination for visitors from around the world...

The UAE Ministry of Finance (MoF) has released Ministerial Decision No. 261 of 2024 (MD261) on Unincorporated Partnerships, Foreign Partnerships and Family Foundations.

Leading UAE law firm Hadef & Partners, today published a report titled The cost of owning freehold property in Dubai.

According to the UAE Ministry of Economy, which was established with the goal of achieving an internationally competitive and diversified UAE economy...

Omar Al Heloo discusses the developments in UAE competition law.

Dubai Free Zones Council considers providing one licence to companies which would allow operation in multiple free zones.

Effective 1 January 2011, the DLD confirmed it will permit and accept registration of title to freehold property provided the corporate entities purchasing property are "offshore" entities registered in the "Jebel Ali Free Zone (JAFZ)".

The Corporate Governance Code issued pursuant to Ministerial Resolution No. 518 of 2009 concerning Corporate Governance and Disciplinary Measures (as amended) (the Corporate Governance Code) came into effect on 1 May 2010.

The Dubai real estate market has faced significant challenges since turmoil gripped global markets in 2008.

Monday 8 November 2010, Dubai: Leading UAE law firm Hadef & Partners, today published its What is the legal state of the Dubai real estate market report.

The newly formed Committee will be responsible for receiving applications for settling agency disputes and responsible for the process of cancelling registered agencies

Law No.27 of 2007 concerning Ownership of Jointly Owned Properties in the Emirate of Dubai (JOP Law) was issued on 10 December 2007.

On 29 July 2024, the Federal Decree-Law No. (7) of 2024 Amending Certain Provisions of Federal Decree Law-No. (20) of 2018 Concerning Countering Money Laundering Crimes...

Monthly report based on practical experience of our team of advocates in the courts of the UAE. This month, Michael Dark and Mahmoud Awad discuss foreign arbitration as an option for foreign companies facing disputes in the UAE.

Our clients frequently ask whether it is possible to pledge the shares of a limited liability company incorporated under the Federal Law No. 8 of 1984 concerning Commercial Companies (Companies Law), (UAE LLC) following a relatively recent announcement by the Dubai Department of Economic Development (DED) in which the DED indicated a willingness to record such pledges.

Despite the limited liability nature of companies, directors may incur personal liability for the debts and actions of the LLC if their behavior or corporate decisions are not within the boundaries of limitations set by UAE law.

The definition of ‘non-conventional' trade marks in the UAE has become broader and reflects the changing nature of what the marketplace considers a trade mark can be.