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UAE contract law - 5 legal points to remember
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- September 16 2011
When overseas investors in the UAE negotiate their contracts, the choice of governing law for their contract can be a point of contention
New legislation for IPPs in Dubai
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- August 31 2011
A new law regulating the contribution by the private sector in electricity and water production in the Emirate of Dubai was issued by the Dubai government in April 2011 (the DEWA IPP Law
Middle East exchange
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- July 31 2011
In this edition of Middle East exchange, we take a look at commercial agency in the UAE in light of the recent announcement on the formation of the Commercial Agency Committee
DIFC-LCIA arbitration award enforced by the Dubai courts
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- May 30 2011
The DIFC Courts and the Dubai courts have announced that a recent arbitral award of the DIFC-LCIA arbitration centre has been enforced in Dubai (outside of the DIFC) by an execution order of the Dubai courts
Bribery Act 2010 update
- Herbert Smith Freehills LLP
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- United Arab Emirates, United Kingdom
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- May 30 2011
In the January edition of Middle East exchange, we explained the key provisions of the UK Bribery Act, which was then expected to come into force in April 2011
Recent UAE labour law developments - termination of fixed term contracts
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- May 30 2011
It has been reported that the Dubai Court of Cassation has ruled that an employer is entitled to terminate the employment contract of a fixed term employee in the circumstance where the company is to close down its business, by deciding that the lawful reasons for termination of a fixed term contract set out in Article 120 of the Labour Law are not exhaustive
Jurisdiction of DIFC courts
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- April 19 2011
The Courts in the Dubai International Financial Centre (DIFC) are an attractive forum for international businesses to resolve their disputes in the Middle East
New draft law to create a UAE federal sovereign debt market
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- March 10 2011
It has also been reported that the Federal National Council (the UAE parliament) has approved a draft law that, if finally approved, will set out a legal framework for the creation of a federal government bond market in the UAE
Overhaul of UAE labour legislation
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- March 10 2011
The Ministry of Labour has recently announced a number of changes to the labour legislation in the UAE
New Central Bank regulations for investment and finance companies issued in draft
- Herbert Smith Freehills LLP
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- United Arab Emirates
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- March 10 2011
On 8 December 2010, the Central Bank of the UAE circulated draft regulations designed to more closely regulate investment companies and finance companies
