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CMS Cameron McKenna Nabarro Olswang LLP | United Arab Emirates | 30 May 2023

UAE Securities and Commodities Authority introduces two new virtual asset regulations

The UAE has seen a number of developments in the virtual assets space over the last 18 months, including the UAE designating the Securities…
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Lecocqassociate | United Arab Emirates | 26 May 2023

Marketing foreign funds in the UAE

The United Arab Emirates Securities and Commodities Authority ("SCA") announced that investment funds domiciled outside Mainland UAE ("Foreign Fund")…
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Hadef & Partners | United Arab Emirates | 26 May 2023

Update to Wages Protection System

Ministerial Resolution No. (598) of 2022 (Resolution) was issued in December 2022 reinforcing an employer’s duty to pay employees through the Wages…
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White & Case | United Arab Emirates | 26 May 2023

The Increasing importance of Private Credit within the UAE and the Establishment of ADGM Private Credit Funds Rules

Amongst a backdrop of rising inflation and interest rates, the past two years have seen an exponential rise in the activity of private credit funds…
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Taylor Wessing | United Arab Emirates, United Kingdom | 25 May 2023

Life After Lenkor: The High Court’s latest judgment reinforces reciprocity between the UAE and English Courts

On 12th May 2023, the High Court of England and Wales issued another significant judgment which is expected to advance the progress of reciprocal…
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Afridi & Angell | United Arab Emirates | 25 May 2023

UAE Cabinet Decision No. (49) of 2023 dated 8 May 2023 (effective 1 June 2023)

UAE Cabinet Decision No. (49) of 2023 dated 8 May 2023 (effective 1 June 2023) states that for the purposes of Clause 6 of Article 11 of the Corporate…
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Hassan Elhais | United Arab Emirates | 25 May 2023

Learn more on how to file a case for physical assault in UAE courts.

In the UAE Physical assault is also known as battery, which is a criminal offence. It can be defined as intentionally or recklessly causing bodily…
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Wasel & Wasel | United Arab Emirates | 24 May 2023

Abu Dhabi Court upholds out-of-scope award and indirect arbitration claims

A recent case from the Abu Dhabi Cassation Court serves as an exemplary canvas on which several key arbitration concepts were explored, particularly…
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Galadari Advocates & Legal Consultants | United Arab Emirates | 24 May 2023

Dubai Remains the Global Leader in Greenfield FDI Project Attraction

According to the latest data released from the 2022 Financial Times' Foreign Direct Investments (FDI) Markets Report, Dubai has successfully…
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Afridi & Angell | United Arab Emirates | 23 May 2023

Emiratisation deadline for the private sector set at 30 June for 2023 half yearly targets

The Ministry of Human Resources and Emiratisation has announced 30 June 2023 as the deadline for private sector companies with 50 employees or more to…
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