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  • Article

    Big Brother Is Watching

    The DIFC Court has confirmed that businesses in the DIFC can listen in and make use of telephone conversations made by their employees.
    United Arab EmiratesEmployment and HR
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    ADGM Grows Up: Issues First Fines

    The Abu Dhabi Global Market (ADGM), the financial free zone which began operations in 2015, has now come of age.
    United Arab EmiratesGovernment, Public Sector
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Introducing The Dubai World Trade Centre Free Zone

    In May 2015, a new free zone in Dubai, Dubai World Trade Centre ("DWTC") and the "DWTC Authority" were established under Dubai Law No. 9 of 2015.
    United Arab EmiratesInternational Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Do I Need A DIFC Will?

    The Wills and Probate Registry in the Dubai International Financial Centre (the "Registry") opened in late April of this year.
    United Arab EmiratesFamily and Matrimonial
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Potential Criminal Liability For Arbitrators And Experts

    Article 257 of the UAE Penal Code (Federal Law No. 3 of 1987) was recently amended by Federal Law No. 7 of 2016 to introduce the concept of criminal liability for arbitrators, experts, and translators ...
    United Arab EmiratesLitigation, Mediation & Arbitration
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    The Economic Substance Test: Directed And Managed In The UAE

    The UAE introduced the Economic Substance Regulations in April 2019 (later amended by Cabinet Resolution 57 of 2020 (ESR) and Ministerial Decision 100 of 2020).
    United Arab EmiratesFinance and Banking
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Doing Business In Sudan: Investment Opportunities

    In 1997, US president Bill Clinton imposed comprehensive trade sanctions against Sudan and blocked the assets of the Sudanese government.
    SudanInternational Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    New Labour Regulations Take Effect January 1, 2016

    A number of recently announced initiatives could introduce potentially significant changes to the rules governing the workforce in the UAE.
    United Arab EmiratesEmployment and HR
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Doing Business In United Arab Emirates

    United Arab Emirates (UAE) is a civil law jurisdiction. The Federal Constitution apportions powers between the federal government (based in Abu Dhabi) and the seven constituent emirates.
    United Arab EmiratesCorporate/Commercial Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Centre For Amicable Settlement Of Disputes Can No Longer Mediate Disputes When A Bank Is A Party To Such Dispute

    Prior to Administrative Decision No. 1 of 2017, all disputes to which a bank was party had to be first referred to the Centre.
    United Arab EmiratesLitigation, Mediation & Arbitration
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Doing Business In Iran: Life After (Secondary) Sanctions

    The legal landscape for doing business in Iran has changed significantly in the past seven months.
    IranInternational Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    The UAE Competition Law Clarified

    In an earlier inBrief dated 9 December 2014 we wrote about Federal Law No. 4/2012 on the regulation of competition, which introduced the means by which the United Arab Emirates could regulate...
    United Arab EmiratesAntitrust/Competition Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Ministerial Decision No. (272) Of 2016

    Federal Law No.2 of 2015 on Commercial Companies (the "New Law") came into force on 1 July 2015, replacing Federal Law No.8 of 1984.
    United Arab EmiratesCorporate/Commercial Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Changes To Anti-Corruption Regulation In The UAE

    Since 1987, the Penal Code has contained prohibitions against bribery, making it an offence to bribe a public official in consideration for an act on the part of that official.
    United Arab EmiratesCriminal Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Doing Business In Iran: The Momentum Builds

    Furthermore, the US government has been active since early September in removing certain obstacles to doing business in Iran.
    IranGovernment, Public Sector
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Companies Law Compliance

    The new measure applies to general partnerships and limited partnerships as well as limited liability companies.
    United Arab EmiratesCorporate/Commercial Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Proposed Insurance Authority Decision Concerning Marketing Of Insurance Policies By Banks

    The Draft Regulation applies to insurance companies and banks that operate in the United Arab Emirates.
    United Arab EmiratesInsurance
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    New Decree On Mortgaging Granted Lands In Dubai

    On 11 January 2017, Dubai Decree No. 31/2016 On Mortgaging Granted Lands in Dubai was issued (Decree). The Decree permits the holder of "granted land" to mortgage such land subject to certain conditions.
    United Arab EmiratesFinance and Banking
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    Doing Business In Iran: The Banking Bottleneck

    Tensions in the Middle East have continued into 2016 as conflicts among global powers and regional powers play out in the region. But 2016 is also the year of hope – the year when peace may begin in Syria and Yemen.
    IranInternational Law
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants
  • Article

    The New UAE Bankruptcy Law

    The new Bankruptcy Law of the UAE was enacted on September 20, 2016 as Decree-Law No. 9 of 2016. It was published in the Federal Official Gazette on September 29, 2016, giving it an effective date...
    United Arab EmiratesInsolvency/Bankruptcy/Re-Structuring
    Afridi & Angell Legal Consultants
    Afridi & Angell Legal Consultants

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