United Arab Emirates
United Arab Emirates Latest Updates New UAE Funds RegimeThe UAE has embarked on an ambitious undertaking by introducing new business friendly mutual funds regulations to stimulate the UAE funds industry and provide the foundation for a more developed regional funds regime in the Gulf Cooperation Council ... The UAE Competition Law ClarifiedTwo Cabinet Decisions have been issued which provide guidance on the implementation of the Competition Law, particularly on market share thresholds and on small and medium establishments. The New UAE Bankruptcy LawPerhaps the most important new feature of the new Law is the introduction of a regime that allows for protection and reorganization of distressed businesses ... United Arab Emirates News Mayer Brown opens office in DubaiMayer Brown announced the opening of its office in Dubai, United Arab Emirates (UAE). The office serves as a hub of the firm’s Middle East practice.... United Arab Emirates Articles and Reports UAE Special Report 2007The temperature is not the only thing sizzling in the dynamic United Arab Emirates. Melinda Finch reports on the region and its red hot legal market. Finance Special Report 2008Off the back of an extraordinary year of growth, modest economic expectations in the year to come are the current trend. Asian-Counsel provides a regional overview in addition to special features on Islamic finance in Japan, recent developments in Malaysian securities law and regulations and Islamic banking and finance regulations in the United Arab Emirates. United Arab Emirates Special ReportThis month’s issue includes a special focus on the United Arab Emirates. Our feature story looks at the effect of the economic crisis on the UAE’s legal profession, whilst international firms discuss emerging trends, issues and the legal infrastructure that will impact the UAE’s corporate legal scene. Dispute Resolution Special ReportIn the latest issue of Asian-Counsel, we uncover the lofty aims of several arbitration centres in the region. We also receive comprehensive updates from a host of leading law firms, and the SIAC, as to the state of dispute resolution across the Middle East, Vietnam, South Korea, India, Hong Kong and Singapore. Middle East Special ReportIn our latest edition, we take a look at why attitudes towards corporate governance are shifting in the Middle East, and investigate the steps being taken to overcome barriers to its effective implementation. Meanwhile, leading firms discuss the flow of trade along the New Silk Road, why Dubai's approach to company set-ups is likely to pay off, and why a recent UK case is generating concern for parties to future Islamic finance transactions. Dispute Resolution Special ReportIn this month’s Special Report on dispute resolution, we take a look at how Asia Pacific’s role as an international centre for dispute resolution, particularly arbitration, has grown against a backdrop of increasing cross-border transactions. As demand has grown exponentially, so Asia’s leading arbitration centres – including HKIAC, KCAB and SIAC – have moved with the times to maximise the services they provide in a constantly evolving legal framework. We examine some of the key new laws which have shaped dispute resolution in 2010 and outline some of the challenges in pursuing justice through both litigation and arbitration. United Arab Emirates In-House Insights Heba AliDescribed by one of her peers as being “everything you would need in a lawyer”, Heba Ali was hired by Lenovo in 2014 to establish the organisation’s legal department for the Middle East and Africa region. A reflection of her success, in May, Ali was selected by our expert panel of judges as the In-House Community Counsel of the Year, 2016. Here she talks to Asian-mena Counsel about the qualities she thinks are vital to being a good in-house lawyer. Making his MarkAfter a career which has seen him work with some household names, Anuraag Malhotra has been the engine behind the sizeable legal department at the Landmark Group, Dubai, as its General Counsel, and also as its Strategic Investments Adviser. After almost 10 years at the helm, Malhotra has seen how the markets in the UAE and other Gulf countries have matured and become more sophisticated. He explains how he and his team have responded and adapted to these changes. Wisdom impartedMuhammad Tariq, Senior Legal Counsel at TECOM Investments shares with us his experience working in-house after closing the chapter on his days as an M&A private practitioner at Al Tamimi & Company. Leaving his former position somewhat reluctantly at first, he is now comfortably juggling the many roles the in-house move has demanded of him and offers up his advice for managing the position with efficiency, humility and decorum. Cross-border challengesStephen Swanson, Chief Legal Officer with Invest AD – Abu Dhabi Investment Company, discusses the challenges of advising on fund launches in countries like Iraq, and the merits of adapting to different cultural requirements. The challenges that lie aheadWith in-house counsel facing more competition than ever before, Ahmad Rizwan, legal advisor with the Government of Dubai, shares the core competencies that both he and his employer rely on for success. Just desertsDirector of legal for the Arabian Real Estate Investment Trust, Adam Malouf discusses his career path and the challenges of his current role.
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