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The United Arab Emirates (UAE) is set to introduce a remarkable reform in the way businesses issue and manage invoices.

It is trite that many projects in the UAE are completed late. The issues flowing from late completion are: (i) what was the cause; (ii) who was responsible; and (iii) what compensation is due (if any).

Introduction: Limitation of liability (LOL) clauses are commonly used in construction related contracts in the UAE and indeed in most parts of the world.

In the popular "Game of Thrones" books, there is a legend of a night which lasted a generation, a night when kings froze in their castles and shepherds froze in their huts.

On 23rd November 2009, Iraq’s Parliament approved the first draft Amendment to Law No 13 of 2006 (the "Investment Law"). The Amendment is designed to encourage applications from foreign developers to invest in and develop new housing projects in Iraq through the availability of land ownership and other incentives.

Evolution and improvements in technology have allowed man to travel, expand and explore far reaching territories.

On 11 July 2010 share trading began on the new common platform in Dubai. All the equities listed on both the Dubai Financial Market ("DFM") and on NASDAQ Dubai can now be traded on this one platform.

Intellectual property (IP) often represents the most valuable asset in a technology M&A transaction. Yet IP due diligence remains one of the most underestimated parts of technology deals.

Liquefied petroleum gas ("LPG") is a fuel gas composed of a flammable mixture of hydrocarbon gases, primarily including propane, propylene, butylene, isobutane, and n-butane.

The Ministry of Human Resources and Social Development introduces changes to job advertising, recruitment, Saudisation quotas, and work permit classifications in the private sector.

The last two decades have witnessed phenomenal advancements in information technology (IT), which have fostered a remarkable level of innovation in products and services offered across numerous industries.

Companies and institutions whose securities are listed on the "on-shore" financial market in the UAE ("Company", jointly "Companies") are regulated by the Securities and Commodities Authority ("SCA"). The Board of Directors of the SCA recently issued a "Circular Concerning Certain Matters Relating to Corporate Governance" ("Circular") which introduces mandatory requirements for companies listed on UAE financial markets.

Netting is the primary way of reducing risk in financial market contracts, enhancing stability and deepening liquidity. However, the legal framework and enforceability of netting arrangements...

On 31 October 2023, Federal Law Decree No. (51) of 2023 concerning Financial Restructuring and Bankruptcy (referred to as "New Law") was published in the UAE Federal Gazette.

What are the rights of an employer in the event a nominated sub-contractor fails to deliver the standard or quality of material and workmanship that the employer had expected to receive?

Liquidated damages clauses (or penalties clauses) are widely used in construction contracts worldwide.

The Kuwaiti government has amended legislation to clarify (and extend) employee entitlements to annual leave and pension contributions.

In separate developments, Qatar has taken two steps that will extend employment rights and access to justice for claimants.