United Arab Emirates

United Arab Emirates Latest Updates
Regulatory Authorities to regulate Relevant Activities in accordance with Economic Substance Regulations announced
Businesses licensed in the UAE should fast track an assessment to determine if they are subject to the regulations.
UAE Ministry of Finance issues guidance on Economic Substance Regulations
Thirteen topics covered in the guidance that may be of interest to businesses affected by the regulations.
Law 6 of 2019: On the ownership of common property in the Emirate of Dubai
The New Law is an important development for Dubai as most real estate is held by way of property owned in common.
The private equity, venture capital and start-up ecosystem in the UAE: Recent developments
The changes will result in the establishment of new funds and attract more entrepreneurs and investors to the UAE.
SCA issues guidelines for financial institutions on anti-money laundering
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Proposed New DIFC Data Protection Law
The DIFC Authority has proposed the enactment of legislation (the Proposed Law) to replace its current Data Protection Law.
United Arab Emirates Related News
UAE – Dynamism in business and dispute resolution in the Gulf
With a variety of new legislation in the emirates, Louise Bowmaker of Horizons & Co looks at some of the most significant recent and upcoming changes ...
Andrew Cooke
We speak to the head of strategy and general counsel for Flash Entertainment, and our In-House Community Counsel of the Year, about running an in-house legal team and his outlook for the profession ...
Merger clearance matters in the UAE
Despite the limited number of filings and the dearth of decisions, parties conducting M&A in or from the UAE should consider the impact of the competition regime.
Significant changes to UAE’s Civil Procedure Code
While the changes are welcome, they put pressure on litigants to plead their cases within relatively short time periods ...
Confidentiality under renewed focus
The New Banking Law and the New AML Law have enhanced the protection afforded to confidential information.
Netting arrangements made enforceable in the UAE
For decades, banks and other counterparties in the UAE have obtained financial services from foreign financial institutions. Industry bodies, such as the International Swaps and Derivatives Association (ISDA), the International Capital Market Association and the International Securities Lending Association, have developed standard documentation for these kinds of transactions ...
An insight into the latest developments and key issues regarding dispute resolution in the UAE
The most significant development in dispute resolution in the UAE, without a doubt, is the recent promulgation of the UAE’s standalone Arbitration Law ...
Hani Abosamra Abdelrasoul, Shelf Drilling
Shelf Drilling’s associate general counsel for the Middle East and Africa discusses the changing role of in-house counsel and the effect of technology on the profession.
Much Ado About Nothing – Ministerial Resolution 972/2017 and Arbitration in Dubai - Horizons & Co
The last few months have been an exceptionally remarkable time for disputes lawyers in Dubai ...
UAE VAT Designated Zones Defined
A Designated Zone is required to be a specific fenced area with security measures and Customs controls in place ...