In the dynamic commercial landscape of Saudi Arabia, where time is a critical factor, the need for swift and decisive resolution of debts is paramount.

In recent years, the United Arab Emirates ("UAE") has implemented a series of new legal reforms aimed at enhancing its investment environment and simplifying corporate operations.

On the 27th of June 2022, Dr. Abdulrahman Abdul Manan Al Awar, Minister of Human Resources and Emiratization issued Ministerial Decision No. 318/2022 concerning Bank Guarantees and Employee Protection Insurance (hereinafter referred to as "New Decision'').

Promissory notes are an important part of financing transactions in the Kingdom of Saudi Arabia as it is a relatively simple, easy to understand...

BSA's healthcare legal/regulatory practice often engages with numerous clients on the technical legal aspects of setting up and regulating ...

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

TMT and Fintech partner, Nadim Bardawil, recently spoke to Arabian Business regarding the DIFC's new Digital Assets Law, which came into effect on March 8, and defines the legal characteristics...

The new insurance law has made it easier for insurers to issue policies in a foreign language, thus expanding their business opportunities, but there are downsides when it comes to insurance disputes...

When Federal Law No.2 of 2015 was enacted, amending the legal regime that governs local and foreign companies under Federal Law No.4 of 1984, it began what was a domino effect of changes to UAE...

All UAE business owners and managers should be aware of the very recent decision of the Dubai Court of First Instance in the matter of the Bankruptcy of Marka Holdings PJSC...

When purchasing off-plan property in the UAE, buyers must be aware of several key clauses within the Sale and Purchase Agreements (SPAs).

The Ministry of Finance recently announced Cabinet Decision No 74 of 2023 (the Cabinet Decision) on the Executive Procedure of Federal Law no 28 of 2022 on Tax Procedures (New Tax Procedure Law).

The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region...

Federal Cabinet has recently issued Cabinet Decision No. 29/2021 regarding the Executive Regulations (the "New Executive Regulations") for the Federal Law No. 4/2020 (the "New Movables Pledge Law")

The Saudi Central Bank (SAMA) is launching a new initiative – Open Banking – that promises to stimulate growth and innovation in the Kingdom's financial services industry.

The United Arab Emirates (UAE) achieved a significant milestone on February 23, 2024, as it was removed from the Financial Action Task Force's (FATF) "Jurisdictions under Increased Monitoring" list...

In late January 2021, the Small to Medium-Sized Enterprises (SME) Market Conduct Regulation ("Regulation") was circulated to all banks and finance companies licensed by the Central Bank in the UAE

The initiative enables companies operating offshore in the Emirate's free zones to carry out their commercial activities onshore in Abu Dhabi, Al Ain and Al Dhafra regions.

Dubai is set to revolutionize its business landscape with the introduction of the "one free zone passport" scheme, allowing businesses to operate from multiple free zones through a single license.

In an effort to protect the health and wellbeing of the Judges, Registry Team and Court Users, DIFC Courts in a communication sent on Tuesday March 17, 2020 to all Registered Practitioners and Court Users.