ArticleBig Brother Is WatchingThe 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 HRAfridi & Angell Legal Consultants
ArticleADGM Grows Up: Issues First FinesThe Abu Dhabi Global Market (ADGM), the financial free zone which began operations in 2015, has now come of age. United Arab EmiratesGovernment, Public SectorAfridi & Angell Legal Consultants
ArticleIntroducing The Dubai World Trade Centre Free ZoneIn 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 LawAfridi & Angell Legal Consultants
ArticleDo 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 MatrimonialAfridi & Angell Legal Consultants
ArticlePotential Criminal Liability For Arbitrators And ExpertsArticle 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 & ArbitrationAfridi & Angell Legal Consultants
ArticleThe Economic Substance Test: Directed And Managed In The UAEThe 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 BankingAfridi & Angell Legal Consultants
ArticleDoing Business In Sudan: Investment OpportunitiesIn 1997, US president Bill Clinton imposed comprehensive trade sanctions against Sudan and blocked the assets of the Sudanese government.SudanInternational LawAfridi & Angell Legal Consultants
ArticleNew Labour Regulations Take Effect January 1, 2016A number of recently announced initiatives could introduce potentially significant changes to the rules governing the workforce in the UAE.United Arab EmiratesEmployment and HRAfridi & Angell Legal Consultants
ArticleDoing Business In United Arab EmiratesUnited 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 LawAfridi & Angell Legal Consultants
ArticleCentre For Amicable Settlement Of Disputes Can No Longer Mediate Disputes When A Bank Is A Party To Such DisputePrior 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 & ArbitrationAfridi & Angell Legal Consultants
ArticleDoing Business In Iran: Life After (Secondary) SanctionsThe legal landscape for doing business in Iran has changed significantly in the past seven months. IranInternational LawAfridi & Angell Legal Consultants
ArticleThe UAE Competition Law ClarifiedIn 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 LawAfridi & Angell Legal Consultants
ArticleMinisterial Decision No. (272) Of 2016Federal 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 LawAfridi & Angell Legal Consultants
ArticleChanges To Anti-Corruption Regulation In The UAESince 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 LawAfridi & Angell Legal Consultants
ArticleDoing Business In Iran: The Momentum BuildsFurthermore, the US government has been active since early September in removing certain obstacles to doing business in Iran. IranGovernment, Public SectorAfridi & Angell Legal Consultants
ArticleCompanies Law ComplianceThe new measure applies to general partnerships and limited partnerships as well as limited liability companies.United Arab EmiratesCorporate/Commercial LawAfridi & Angell Legal Consultants
ArticleProposed Insurance Authority Decision Concerning Marketing Of Insurance Policies By BanksThe Draft Regulation applies to insurance companies and banks that operate in the United Arab Emirates.United Arab EmiratesInsuranceAfridi & Angell Legal Consultants
ArticleNew Decree On Mortgaging Granted Lands In DubaiOn 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 BankingAfridi & Angell Legal Consultants
ArticleDoing Business In Iran: The Banking BottleneckTensions 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 LawAfridi & Angell Legal Consultants
ArticleThe New UAE Bankruptcy LawThe 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-StructuringAfridi & Angell Legal Consultants