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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).

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 ...

The Wills and Probate Registry in the Dubai International Financial Centre (the "Registry") opened in late April of this year.

In 1997, US president Bill Clinton imposed comprehensive trade sanctions against Sudan and blocked the assets of the Sudanese government.

A number of recently announced initiatives could introduce potentially significant changes to the rules governing the workforce in the UAE.

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.

Prior to Administrative Decision No. 1 of 2017, all disputes to which a bank was party had to be first referred to the Centre.

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...

The legal landscape for doing business in Iran has changed significantly in the past seven months.

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.

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.

Furthermore, the US government has been active since early September in removing certain obstacles to doing business in Iran.

The new measure applies to general partnerships and limited partnerships as well as limited liability companies.

The Draft Regulation applies to insurance companies and banks that operate in the United Arab Emirates.

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.

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...

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.