Chambers Global 2024 Ranking

Explore the new licensing framework, responsible gaming measures, and the legal landscape as the UAE embraces a regulated gaming industry.

Mergers and joint ventures are strategic activities that significantly enhance business capabilities in terms of expertise, resources, market reach, and competitiveness. While both involve collaboration between separate entities, they differ in structure and purpose, leading to challenges in determining the most suitable approach. This article explores the various types of mergers and the benefits and drawbacks of both mergers and joint ventures, offering insights to help businesses choose the right strategy for their growth objectives.

On the 29th of April 2024, the Dubai Court of Appeal (COA) issued a landmark judgement Judgement) in Appeal Number 11 of 2024 (Appeal), wherein the COA clarified the legal position concerning the requirement of having an Award signed by all the members of the Arbitral Tribunal (including the Arbitrator that dissented with the majority) and in doing so, affirmed the validity and enforceability of an Award which was only signed by the majority of the Arbitrators.