Recently, it was announced that a new draft arbitration law has been submitted to His Highness Sheikh Khalifa bin Zayed bin Sultan Al Nahyan for his approval and that the law is likely to come into effect...

Whilst most EU sanctions on Iran related activity have been lifted, restrictions on the export of certain items and on dealings with specific persons and entities remain in place.

Pursuant to these rules, parties to a DIAC arbitration are free to agree in writing on the seat of arbitration.

The Dubai International Arbitration Centre (DIAC), established in 1994, is an arbitration centre located in 'onshore' Dubai (i.e. outside of the free zone areas located within Dubai).

The United Arab Emirates, a popular tax haven, will succumb to its first direct tax- the value added tax. The New Year will ring in a VAT in the UAE at a moderate rate of 5% (worldwide VAT levels range from 0% to 25%).

At the International Contract Users Conference held in London from 6 to 7 December 2016, FIDIC unveiled its proposed revisions to the 1999 Rainbow Suite of standard form contracts ...

In March 2017, Beale & Company (Middle East) hosted its first in a series of industry focused roundtables for our consultant clients and friends.

In delivering a construction project, a contractor or consultant must also comply with the Saudi Building Code.

The DIAC-DIFC DRA Memorandum of Understanding (MoU), and the new DIFC-LCIA Arbitration Rules come into force.