Legal Changes impacting the Capital Market and Joint Stock Companies in UAE
Federal Law No. 32 of 2021 on Commercial Companies (“New CCL”) came into effect on 2nd of January 2022 to entirely replace Federal Law No. 2 of 2015 on Commercial Companies (“Old CCL”).
The Future of Virtual Assets in Dubai
Back in 2021, at “Connect 2021” conference, the Facebook founder Mark Zuckerberg had announced a new era in social media history, via his new project, named, MetaVerse (“Meta” or “MetaVerse”)
The Seat of Arbitration & Its Significance
The seat of arbitration, not to be confused with the geographical location of arbitration hearings, is an important aspect in both international and domestic arbitrations, and one that is often overlooked or not given proper consideration.
Principles of Anti-Money Laundering and Combatting the Financing of Terrorism
Money laundry is a process by which the source of illegal funds is disguised to allow its unsuspicious expenditure by mitigating the risks associated with jeopardizing the source of such illicit funds. Often,
UAE’s New Federal Law on Countering Rumors and Cybercrimes– Key Amendments
The UAE Federal Law by Decree No. 34 of 2021 (the “New Law”) on Countering Rumors and Cybercrimes was introduced in the UAE amongst the new legislative introductions in light of UAE’s
The Concept of Dispute in the UAE Courts
Generally, filing a case is deemed to be the right to resort to litigation and/or courts to seek and to protect a legal position claimed by the claimant(s) against the defendant(s), conditiona
The Notice Period under U.A.E Federal Decree by Law no. (33) of 2021 Regulating Labor Relations
The UAE’s labor laws and regulations have undergone immense changes in the past few years that cater to the ever-growing market demands and its accompanying legal framework.
Work patterns under the Federal Labour Law
The Covid-19 pandemic and its global implications and fluctuations (the “Covid-19 Implications”) have negatively affected the global economy; however, the said pandemic highlighted several positive
Benefit of Justice Principle in Arbitration
The Benefit of Justice Principle is deemed a well-established fundamental principle that is
frequently applied by courts in different legal systems either common law or civil law courts
