Arbitration and Mediation in the UAE: A Progressive Perspective
The United Arab Emirates (UAE) has cemented its position as a global business and investment hub, thanks to its strategic location, robust economy, and progressive legal framework. Central to this framework are the mechanisms for dispute resolution, particularly arbitration and mediation, which reflect the UAE’s commitment to providing efficient, modern, and flexible solutions for resolving […]
Decree 23 of 2022: Transforming the Dubai Banking Sector
In recent years, Dubai has solidified its reputation as a global financial hub, fostering an environment that attracts international investors, businesses, and financial institutions. The city’s banking sector, in particular, has seen rapid growth and modernization. One of the most significant developments in this regard has been the introduction of Decree 23 of 2022, a […]
Key Updates and Impacts of UAE Arbitration Reforms in 2024
In September 2023, the United Arab Emirates (UAE) introduced significant amendments to its Federal Arbitration Law (Federal Decree Law No. 6 of 2018) through Federal Decree Law No. 15 of 2023, effective from September 16, 2023. Key Updates: Arbitrator Independence and Impartiality: The amendments introduce provisions to ensure arbitrators’ independence and impartiality, particularly when appointing […]
Mastering Contractual Disputes: Choosing the Right Mediator for Effective Resolution
Contracts are like puzzles; every piece must fit together perfectly. When a piece goes missing or doesn’t quite fit, you’re left with a dispute-shaped gap. But who steps in to solve this challenge? It’s not Sherlock Holmes; it’s the mediator! In this blog, we dive deep into the art of selecting the right mediator for […]
The Digital Signature Law of the UAE: Revolutionizing Business Transactions
As the world becomes increasingly digital, the UAE has been at the forefront of embracing technological advancements to enhance its legal and business infrastructure. A key component of this transformation is the Digital Signature Law, which was introduced to modernize the way legal and business documents are signed and authenticated. This law is part of […]
Dubai’s New Mediation Rules: Revolutionizing Dispute Resolution
In recent years, Dubai has established itself as a global hub for business, trade, and innovation. To maintain its competitive edge, the emirate has continuously enhanced its legal and regulatory frameworks. One of the most significant advancements in this regard is the introduction of new mediation rules aimed at transforming dispute resolution practices. These changes […]
Recent Legal Reforms and Key Changes in the UAE
The United Arab Emirates (UAE) has recently implemented several significant legal reforms across various sectors. Here are some of the key changes: Employment Law Reforms Alternative End-of-Service Gratuity Scheme: A new voluntary scheme allows private sector employers to manage end-of-service gratuity payments by contributing to a licensed investment fund on behalf of employees. This initiative […]
What Are the Best Practices for Successfully Running a Business in the UAE?
Running a successful business in the UAE requires a strategic approach, compliance with local laws, and a focus on operational efficiency. Here are the best practices for achieving business success in the UAE: Understand and Comply with UAE Laws Legal Structure: Choose the appropriate business setup (mainland, free zone, or offshore) based on your target […]
Liquidation of LLC Company in UAE
Liquidating a Limited Liability Company (LLC) in the UAE involves a formal process to dissolve the company and settle its financial and legal obligations. The steps can vary slightly depending on the emirate and free zone regulations, but the general procedure is as follows: Steps to Liquidate an LLC in the UAE Pass a Shareholders’ […]
Difference between Commercial, Civil, and Cheque Execution Cases in the UAE
In the UAE, legal cases are categorized based on their nature and scope. Here’s a breakdown of the differences between commercial cases, civil cases, and cheque execution cases: Commercial Cases Definition: Cases involving disputes related to business and commercial transactions. Examples: Breach of contracts between companies. Disputes over payment for goods or services. Partnership disputes. […]
