ArticlePayment Token ServicesThe UAE's Payment Token Services Regulation (PTSR), issued by the Central Bank in 2024, establishes a robust framework for regulating payment tokens like stablecoins.United Arab EmiratesFinance and BankingHadef & Partners
ArticleThe Risk Of Mortgage Invalidity For Lenders In The UAE: A Legal AnalysisLenders in the UAE face significant risk when a property owner's title is annulled or deemed defective, potentially rendering mortgages invalid. United Arab EmiratesFinance and BankingHadef & Partners
ArticleBankruptcy LawFederal Law Decree No 51 of 2023 concerning Financial Restructuring and Bankruptcy (the New Bankruptcy Law) came into effect in the UAE on 1 May 2024 and repealed the previous bankrupcty law...United Arab EmiratesInsolvency/Bankruptcy/Re-StructuringHadef & Partners
ArticleSCA Decision On The Regulation Of SPVsThe Securities and Commodities Authority issued Decision No.25/RM/2024 on the Regulation of Special Purpose Vehicles on 19 July 2024 (the Decision). The Decision, which applies "onshore" UAE... United Arab EmiratesFinance and BankingHadef & Partners
ArticleResolution of the Chairman of the Executive Council No. 64/2010 on the Provisions of Real Estate OwnershipArticle 5 states "The Registrar shall register all dispositions properties or any real estate right (principal real right, right of land development lease, usufruct and right of long term lease) inside and outside investment zones in the real estate register, including mortgage contracts in respect to properties or any real estate rights and direct contracts that are concluded with banks and financers of projects." United Arab EmiratesReal Estate and ConstructionHadef & Partners
ArticleWhat Has Become Of The "City Of Dreams"?The economic events of 2008 sent shock waves around the world and even Dubai was not immune to the effects of the resulting financial turmoil. United Arab EmiratesStrategyHadef & Partners
ArticleCorporate Governance Committees Mandatory for UAE Listed CompaniesA significant number of new requirements were placed on companies listed on the Abu Dhabi Stock Exchange and Dubai Financial Market when the SCA corporate governance guidelines became effective on 30 April 2010. United Arab EmiratesCorporate/Commercial LawHadef & Partners
ArticleGuide For Foreign Companies Setting Up In The UAEThere are a variety of corporate structures available to foreign companies seeking to set up in the UAE. United Arab EmiratesCorporate/Commercial LawHadef & Partners
ArticleNew Banking Regulations For The UAE Retail Banking SectorThe UAE Central Bank issued new Regulations No.29/2011 Regarding Bank Loans & Services Offered to Individual Customers effective as of 1 May 2011 (the Regulations). United Arab EmiratesCorporate/Commercial LawHadef & Partners
ArticlePersonal Liability Of Managers, Board Members And Shareholders In Bankruptcy: When The Law Rescues - And When It Is MercilessIn this article Ghalib Mahmoud, Partner, Dispute Resolution – Restructuring & Insolvency together with Abdallah Doudin, Associate, Dispute Resolution – Restructuring & Insolvency...United Arab EmiratesCorporate/Commercial LawHadef & Partners
ArticleImport Restrictions And Commercial Agency Disputes: How The Uae Is Levelling The Playing FieldBy revamping its commercial agency law, the UAE has levelled the playing field when it comes to import restrictions and commercial agency disputes.United Arab EmiratesInternational LawHadef & Partners
ArticleAre Real Estate Foreclosures A Viable Option For Lenders In Dubai?The concept of foreclosure is a common law concept which is not applied in the same way in the UAE as it is in common law jurisdictions. United Arab EmiratesReal Estate and ConstructionHadef & Partners
ArticleADGM Whistleblowing Framework – A Coordinated Initiative To Promote Transparency, Accountability And Market Integrity In ADGMThe Abu Dhabi Global Market ("ADGM") Whistleblowing Framework now protects good faith ‘protected disclosures', provides a right to anonymity to the whistleblower and offers protection from reprisals.United Arab EmiratesEmployment and HRHadef & Partners
ArticleUN Security Council Resolution 1929 – Implications For UAE Companies Doing Business With Iranian CompaniesUAE authorities have the power to shut down businesses and freeze funds/assets of UAE companies which violate United Nations sanctions in the course of doing business with entities in Iran. United Arab EmiratesInternational LawHadef & Partners
ArticleRegistration Of Real Property Rights And The Abu Dhabi Strata DilemmaIn this article, Walter Robinson explains the difficulties posed by the absence of certain laws pertaining to real estate in Abu Dhabi and in particular the inability of foreign nationals to acquire freehold ownership of land within the investment zones as well as the dilemma which is faced as regards the implementation of an effective strata title regime.United Arab EmiratesReal Estate and ConstructionHadef & Partners
ArticleUsing Islamic Wakalas In Islamic FinanceIn 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.United Arab EmiratesCorporate/Commercial LawHadef & Partners
ArticleRamadan In The UAE – A Short Guide For EmployersRamadan is regarded as a holy month by Muslims as it is the month in which the Quran was revealed by Allah to the Prophet Muhammad PBUH.United Arab EmiratesEmployment and HRHadef & Partners
ArticleRegulation of the UAE Insurance Sector – an Environment of Expanding and Deepening OversightBefore 2007, the UAE insurance sector did not have its own dedicated regulator. United Arab EmiratesInsuranceHadef & Partners
ArticleThe Impact Of The Jointly Owned Property Law On Hotels And Branded Operators In Dubai - UpdateBrent Baldwin explains the practical implications of the Dubai JOP Law on hotel developers and branded property operators.United Arab EmiratesReal Estate and ConstructionHadef & Partners
ArticleThe Powers That Be ̶̶ Granting Powers Of Attorney In The UAEA Power of Attorney, or POA as it is commonly referred to, is a form of authorization from a person or entity for a third party to act on their behalf.United Arab EmiratesCorporate/Commercial LawHadef & Partners