Cassation Judgments 595/2025 and 608/2025 | July 2025 The Dubai Court of Cassation has issued a landmark ruling confirming that late payment interest clauses in Islamic finance agreements are unenforceable, regardless of how they are labelled. The judgment reinforces the position that Sharia-compliant finance must fully adhere to Islamic legal principles, including the prohibition on […]
Unlocking the Commercial Promise of Real Estate Tokenisation in a Regulated Environment The United Arab Emirates is actively advancing its position as a global centre for financial and technological innovation. Among the more recent developments is the application of distributed ledger technology to real estate assets, commonly referred to as tokenisation. This approach seeks to
Real Estate Tokenisation in the UAE: Legal Foundations for a Transforming Market Read More »
Judgment dated 3 July 2025 | Strengthening Tribunal Autonomy Under UAE Arbitration Law In a landmark decision, the Dubai Court of Cassation has confirmed that arbitral tribunals seated in the UAE have the authority to issue interim anti-suit injunctions to prevent parties from initiating parallel court proceedings during arbitration. Crucially, the Court ruled that such
Dubai Court of Cassation Confirms Arbitral Tribunals May Issue Anti-Suit Injunctions Read More »
A recent Court of Cassation judgment has clarified that UAE Labour Courts retain jurisdiction over employment disputes even where no official work permit exists. This decision offers important guidance for businesses operating outside formal registration or employing individuals without valid permits. In this case, the employee’s claim had initially been dismissed by the Court of
UAE Court Confirms Labour Court Jurisdiction Even Without Work Permit Read More »
Law No. 2 of 2025 | Effective from 29 August 2025 Abu Dhabi has enacted Law No. 2 of 2025, marking legislative shift aimed at enhancing buyer protections and strengthening regulatory oversight revising key provisions of Law No. 3 of 2015. The updated law introduces clearer controls over market practices, enhanced protections for buyers, and
Abu Dhabi Updates Real Estate Law to Strengthen Oversight and Enhance Market Standards Read More »
Emiri Decree Law No. 2 of 2025 | Effective from 19 June 2025 The Emirate of Sharjah has introduced a new Human Resources Law applying to all government entities, replacing Law No. 6 of 2016. Issued as part of a broader restructuring effort, the new law establishes a unified framework for managing public sector employment
Sharjah Restructures Public Sector HR Framework Under New Decree Law Read More »
On 14 April 2025, the UAE Cabinet approved the launch of the country’s first integrated regulatory intelligence system, aimed at improving the precision and speed of lawmaking. A new Regulatory Intelligence Office has been established to monitor the real-time impact of laws on the public and the economy and to centralise local and federal legislation.
UAE AI-Assisted Lawmaking Now Operational Read More »
Cabinet Decision No. 42 of 2025 came into effect on 29 May 2025, implementing the Executive Regulations of Federal Decree-Law No. 55 of 2023 on Media Regulation. The Decision introduces a detailed list of administrative violations, classified into three categories based on severity. Penalties now range from AED 5,000 to AED 1,000,000, depending on the
Updated UAE Media Law Effective 29 May 2025 Read More »
On 10 June 2025, the UAE Central Bank imposed fines totalling AED 339 million for anti-money laundering (AML) violations, including individual penalties of AED 3.5 million and AED 2.62 million. These penalties extend beyond the banking sector and reinforce the zero-tolerance approach of both the Central Bank (CBUAE) and the Dubai Financial Services Authority (DFSA)
Stricter AML Enforcement by CBUAE and DFSA Read More »
From 15 June to 15 September 2025, the UAE Ministry of Human Resources and Emiratisation (MoHRE) prohibits outdoor work between 12:30 pm and 3:00 pm to protect workers from extreme heat. Employers must adjust shift schedules, provide shaded rest areas, and implement safety protocols. Non-compliance may result in fines of AED 5,000 per affected worker,
Midday Heat Stress Ban for Outdoor Workers (15 June – 15 September 2025) Read More »
Federal Decree-Law No. 60 of 2023 introduces key amendments to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The law defines “Top-up Tax” as an additional tax applicable to multinational enterprises in line with OECD Pillar Two rules, and “Multinational Enterprise” as a group with one or more entities operating
Corporate Tax Amendment & Domestic Minimum Top-up Tax (DMTT) Read More »
The Financial Audit Authority (FAA) has issued three new regulatory decisions, published in Dubai Official Gazette, Issue No. 719 dated 27 May 2025, aimed at enhancing public sector governance and accountability. These decisions introduce new protections for whistleblowers, streamline procedures for minor criminal investigations, and establish a unified framework for disciplinary and grievance mechanisms within
The UAE has introduced stricter anti-money laundering requirements for real estate professionals and developers. Entities involved in property transactions must now conduct enhanced due diligence on high-risk buyers, including identity verification and source of funds review. The changes affect transactions involving politically exposed persons (PEPs), large cash payments, and purchases from higher-risk jurisdictions. Firms are
AML Compliance Tightened for Real Estate Transactions Read More »
The UAE has expanded its Golden Visa program under Cabinet Decision No. 65 of 2022 and subsequent amendments, introducing significant updates for professionals. The UAE’s 10-year Golden Visa programme has been expanded to include five new categories: healthcare professionals, education specialists, digital content creators, e-sports professionals, and luxury yacht owners. This development enables a wider range of
Golden Visa Scheme Expanded to New Professions Read More »
The UAE is finalising a deal with the United States to import 500,000 Nvidia AI chips annually starting in 2025. These will support national AI infrastructure, including data centres and next-generation applications across public and private sectors. This deal is a major component of the UAE’s long-term AI strategy and is expected to drive innovation
UAE–US Agreement on AI Chip Imports Read More »
The UAE has announced the creation of a Regulatory Intelligence Office to oversee the use of artificial intelligence in drafting and updating national legislation. The initiative is aimed at reducing the time required to develop and implement laws by up to 70%. AI will be used to support analysis, prediction, and gap identification in legal
UAE to Use AI in Legislative Drafting Read More »
The UAE Labour Law now formally acknowledges various flexible work structures, including part-time, remote, job-sharing, and temporary arrangements. These classifications are fully recognised under the law and eligible for statutory benefits based on the employment model. Employers must ensure contract terms, pay, and benefits are consistent with the new classifications. Flexibility can support talent retention,
Flexible Work Models Now Formally Recognised Read More »
The statutory period for employees to file claims in relation to termination or employment disputes has been extended from one year to two years. This applies to all claims arising under the UAE Labour Law (Decree-Law No. 33 of 2021). While this offers employees more time to assert their rights, it increases exposure for employers.
Extension of Limitation Period for Employment Claims Read More »
As of 31 March 2025, the UAE has updated its competition law framework under Federal Decree-Law No. 36 of 2023 with key implementing provisions brought into effect by Cabinet Decision No. 3/2025. Pre-merger notification is mandatory for transactions that meet specified thresholds. This applies to mergers, acquisitions, and joint ventures. A filing is required if
Pre-Merger Notification Now Mandatory in the UAE Read More »
Cabinet Decision No. 34 of 2025 introduces guidance on the corporate tax treatment of investment funds and unincorporated partnerships. This includes the eligibility criteria for tax-exempt “qualifying investment funds” and the option for certain partnerships to elect to be treated as taxable entities. The update is relevant for private equity, venture capital, and fund managers
Clarification on Taxation of Investment Funds and Partnerships Read More »
As of financial years beginning 1 January 2025, businesses with revenues exceeding AED 50 million and all Qualifying Free Zone Persons must maintain audited financial statements, as per Ministerial Decision No. 84 of 2025. Audited accounts are required to support corporate tax filings and may be reviewed by the Federal Tax Authority. This development also
New Requirement for Audited Financial Statements Read More »
The UAE Ministry of Finance has announced updates in relation to certain provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The UAE has confirmed the introduction of a 15% Domestic Minimum Top-up Tax (DMTT), effective 1 January 2025. The regime applies to multinational enterprise groups with consolidated global
UAE Introduces 15% Corporate Top-up Tax for Multinationals Read More »
We are pleased to share a recent contribution by our Senior Associate, Rajiv Suri, published by Practical Law UK (Thomson Reuters). The article, Intellectual Property: Asset and Share Purchases (UAE), offers practical insight into the treatment of intellectual property in corporate transactions under UAE law. This contribution reflects Alsuwaidi & Company’s ongoing engagement with leading
Intellectual Property: Asset and Share Purchases (UAE) Read More »
This article outlines how certain criminal cases in the UAE may be resolved outside of formal court proceedings under Federal Decree-Law No. 38 of 2022. It explains when criminal settlement is permitted, the legal conditions required, and its practical effects, offering a clearer understanding of this structured, alternative approach to justice. What is Criminal Settlement
Criminal Settlement in the UAE: An Alternative Route to Justice Read More »
The UAE Ministry of Finance has issued Cabinet Decisions No. 34 and 35 of 2025, introducing changes that may affect investment funds, real estate holding structures, and foreign investors operating in or through the UAE. These developments could result in corporate tax liabilities, even where funds are based offshore or were previously exempt. In this
On 14 March 2025, Dubai introduced Law No. 2 of 2025, bringing key changes to the DIFC Courts that directly affect businesses operating within or engaging with the DIFC. These reforms enhance legal certainty, streamline dispute resolution, and strengthen contract enforcement, reinforcing the DIFC’s position as a premier international business hub. Key Impacts on Businesses
How the New DIFC Courts Law Impacts Businesses Read More »
As of August 31, 2024, crucial amendments to Article 54 of the UAE Labor Law will extend the statute of limitations for labor claims and alter the appeal process for disputes under AED 50,000. Discover how these changes will impact both employers and employees. Article 54 of the UAE Federal Decree-Law No. 33 of 2021
His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, has issued Decree No. (29) of 2024 regarding the establishment of an independent judicial body called the “Judicial Committee for Resolving Jurisdictional Conflicts between the DIFC Courts and the Judicial Authorities in Dubai Emirate.” This committee is composed of seven judges, Headed by
Delve into the complexities of recognizing and enforcing foreign court judgments in UAE local courts with practical insights in a write up authored by our Senior Associate, Rajiv Suri. Explore the Montevideo Convention’s principles, the ‘lotus principle,’ and the territoriality principle, uncovering the nuances of sovereignty and jurisdiction. Understand the pivotal role of bilateral agreements
Enforcement of Foreign Court Judgments in Civil Proceedings Read More »
Check out our latest insight of LexisNexis, authored by our Senior Associate, Rajiv Suri, which elaborates on the criminal liability of Directors under UAE law. Criminal liability of directors under most of the texts of law do not necessarily apply on directors by virtue of their titles but rather on the basis of the abuse
Criminal Liability of Directors under UAE Law Read More »
As the words suggest, alternative dispute resolution (“ADR”) implies any process, system or method which helps resolve disputes between the parties without them having to resort to litigation. Some of the most used forms of ADR methods are arbitration and settlement through mediation. We are pleased to share with you that one of our Senior Associates,
We are pleased to share with you that one of our Senior Associates, Rajiv Suri, has contributed towards updating LexisNexis Middle East publication which is titled ‘Purchasing an Insolvent Business’. It is intended to provide an overview of the key aspects of the laws and regulations governing acquiring insolvent business in United Arab Emirates (UAE). The
Purchasing an Insolvent Business Read More »
Regulating crypto has never been more important in this highly dynamic, emerging industry 2022 has been a very eventful year for the cryptocurrency industry. It had its share of global headlines: from the collapse of Sam Bankman-Fried’s FTX, an insider trading scandal at Coinbase, and a prolonged downturn in cryptocurrency prices. Nevertheless, digital currencies continue
Developing Cryptoasset Landscape in the UAE Read More »
We are pleased to share with you that one of our Senior Associates, Rajiv Suri, has contributed towards updating the Trademarks law for LexisNexis Middle East publication which is titled ‘Trademark Transaction and Management’. It is intended to provide an overview of the key aspects of the laws and regulations governing Trademarks in United Arab
Trademark Transaction and Management Read More »
An interesting article written by Rajiv Suri, Senior Associate, highlighting the Importance of Trademark Registration, has been published in the Corporate Investment Times magazine. The Article appears on page/s 95-97”. It is a prestigious publication featuring contributions from industry experts from around the globe covering varied topics, such as regulatory changes and compliance issues…etc. Alsuwaidi
The Importance of Trademarks Registration Read More »
One more time, Senior Associate of Alsuwaidi & Company, Mr. Rajiv Suri achieved another milestone with his article “Registration of Smell Marks”. It has been recently published in Intellectual Property Expert Guide – CorporateLiveWire – a prestigious UK based publication featuring contributions from industry experts from around the globe covering varied topics, such as regulatory
SMELL can it be registered as a trademark? Read More »
What is Emiratisation? Emiratisation is an initiative being advanced by the UAE Government that mandates the employment of UAE nationals within both, the public and the private sectors. The main aim is to enhance the local contribution to the national economy by raising the number of UAE nationals within the UAE workforce. This programme has
Emiratisation new law frequently asked questions Read More »
H.H. Sheikh Mohamed Bin Zayed Al Nahyan – the United Arab Emirates (“UAE”) President, recently issued the Decree by Law No. (41) of (2022), concerning the Civil Personal Status Code. The provisions of this Decree shall apply to the non-Muslims in the UAE who are UAE Citizens and to non-Muslim Foreigners residing therein. The Decree
Scent trademark registration – The new trademarks law i.e., Federal Decree-Law no. (36) of 2021 in UAE now specifically provides for registration of “smell” marks considering that the definition of “trademark” under Article (2) of the said law has been widened to include such a mark. There are very few countries in the world which
Scent trademark registration Read More »
The United Arab Emirates (UAE), which is a federation of seven Emirates i.e., Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain (UAQ), Ras Al Khaimah (RAK) and Fujairah, has promulgated laws which are progressive in content and application. These have, over the years, served ends of justice well. Towards this end, the Federal Government of
Evidential Law– United Arab Emirates Read More »
The United Arab Emirates, over the years, has improved upon legislations and their effectiveness from the perspective of enforcement landscape involving intellectual property rights of legitimate owners. There are various forums available within the UAE which can be availed of by the rightful owners to enforce their intellectual property rights. Rajiv Suri, Senior Associate at
Enforcing IP Rights in the United Arab Emirates’ new and improved legislative landscape Read More »
One of the important aspects of intellectual property law is regulating the regime of prosecution and protection of Patents, and Industrial Designs. This encourages innovation thus leading to advancement in technology. In October 2014, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, Minister of Defence for the United Arab Emirates and
UAE–Regime to encourage innovation through new Patent law Read More »
Trademarks law in the United Arab Emirates has recently undergone several changes including provisions concerning opposition/s. We have formulated and provided answers to some of the relevant frequently asked questions (FAQs) which specifically deal with the opposition/s as laid down under the UAE Trademarks law. These are as follows: 1- Does the UAE trademarks law
FAQs on Trademark/s Oppositions-United Arab Emirates Read More »
1- The United Arab Emirates (the “UAE”) has a comprehensive Sharia’ governance framework for Islamic financial institutions issued by the Central Bank of the UAE (the “Central Bank”). The framework provides in detail for the Sharia’ governance bodies and requirements related to Islamic financial institutions and Islamic windows. Branches of foreign financial institutions that provide
Sharia’ Governance Framework for Islamic Financial Institutions in the UAE Read More »
Copyright is an important branch of intellectual property which seeks to extend protection to any innovative and original works which inter alia include any literary, artistic and musical work/s. As a part of reforming its intellectual property regime, in the year 2021, the UAE Federal Government, the Ministry of Economy, had inter alia issued an
Copyrights protection regime in the UAE Read More »
The United Arab Emirates (UAE) federal government adopts a progressive approach towards governance and implementation of laws. It recognizes best practices in international laws and adapts them to suit local needs as these are important for growth of the economy to bring it in line with the global trade regimes. Resultantly, over the years, the
Sound Marks Registration in the UAE Read More »
International Judicial Delegation in Criminal Matters As the means of communications advanced among various persons and entities, transportation and travel among countries have become easier along with the conclusion of transactions of all kinds including commercial transactions and banking transfers, and other cross-border transactions that can be completed in a matter of minutes or less
International judicial delegation Read More »
The Federal Decree-Law No. (33) of 2021 took effect on 2 February 2022 and one of the significant changes which both the employer and employee must take into consideration is the non-compete clause in the employment contract. The Federal Decree-Law No. (33) of 2021 the Regulation of Labor Relations states, in Article 10, that the
Abdelhak Attallah, head of the Alsuwaidi & Company’s shipping practice shares his insight on maritime liens and ship arrests in the UAE. This article was published with Legal Business’s Global 100 end of year publication which can also be viewed here: https://www.legalbusiness.co.uk/co-publishing/sponsored-briefing-ship-arrest-maritime-liens-and-ship-mortgages-in-the-uae/. READ MORE
Ship arrest, maritime liens and ship mortgages in the UAE Read More »
Federal Decree Law No. 14 of 2020 was issued to amend certain provisions of the Federal Commercial Transactions Law No. 18 of 1993 and was published in the Official Gazette in Issue 687 (Supplement) issued on September 30, 2020. This law will come into force on 02 January 2022, and a number of provisions have
From the 02 of January 2022 a Bounced Cheque will be considered an execution deed Read More »
صدر المرسوم بقانون اتحادي رقم 14 لسنة 2020 بتعديل بعض أحكام قانون المعاملات التجارية الاتحادي رقم 18 لسنة 1993 وتم نشره في الجريدة الرسمية في العدد 687 (ملحق) الصادر بتاريخ 30 سبتمبر 2020. والذي يبدأ العمل به من تاريخ 02/01/2022، وفي ضوء هذا المرسوم بقانون، فقد تم تعديل وإلغاء واضافة بعض الأحكام لقانون المعاملات التجارية
بداية من يناير 2022 الشيك المرتجع يعد سنداً تنفيدياً Read More »
Amendments on UAE laws involving bounced cheques from 2022 A. Amendments to criminal offences associated with bounced cheque: The most anticipated decree, the Federal Decree No. 14/2020 (the “Decree”) will come into force in January 2022, abrogating provisions of Article 401, 402, and 403 of the Federal Law No. 3/1987 concerning the Penal Code governing
Decriminalisation of bounced cheques Read More »
Read Legal Business Week’s interview with Managing Partner Mohammed Alsuwaidi where he talks about the role of technology in the legal profession, what sets Alsuwaidi & Company apart from other law firms in the region, and how the firm navigated the pandemic so that it provided continuous support to all its clients. You can view
Legal Business Week interview with Mohammed Alsuwaidi, September/October 2021 Read More »
CRIMINALS HAVE BEEN BUSY: The COVID-19 pandemic dominated 2020. Cybercriminals have been busy exploiting vulnerabilities as a result of the pandemic, disrupting companies with remote working becoming a reality. We are all more exposed to cyber fraud due to the inevitable digital dependence, and this has resulted in cases of financial cybercrime being at an
Financial cybercrime since the COVID-19 Pandemic: Read More »
Alsuwaidi & Company sponsored this year’s Inhouse Congress. Our panel focused on Anti Money laundering and Dispute Resolution. Read More
Key Takeaways from Inhouse Congress 2021 Read More »
A new chapter has arrived with arbitration in Dubai being under the umbrella of DIAC with DIFC-LCI continuing as a division of DIAC with its own rules and case officers. This will make the process of arbitration more streamlined and allow users to have a real choice in the arbitration procedures and rules to be
News update: Arbitrations in Dubai Read More »
We are pleased to share with you our contribution to Legal Business. Our article takes a look at the recent English Supreme Court judgements that affect International Arbitration and how this interpreted into the world of arbitration within the GCC region. The cases of Enka Insaat Ve Sanayi AS v 000Insurance Company Chubb [2020] and
Dubai International Financial Centre (DIFC) has enacted new Intellectual Property Regulations with effect from 5 July 2021 under DIFC Law No. 4 of 2019 (IP Law). The new regulations will enable DIFC to increase innovation by identifying and protecting IP rights, important to technology and start-up companies. Moreover, these regulations allow Commissioner of Intellectual Property
Abu Dhabi to allow 100% foreign ownership of professional companies Read More »
Dubai International Financial Centre (DIFC) has enacted new Intellectual Property Regulations with effect from 5 July 2021 under DIFC Law No. 4 of 2019 (IP Law). The new regulations will enable DIFC to increase innovation by identifying and protecting IP rights, important to technology and start-up companies. Moreover, these regulations allow Commissioner of Intellectual Property
Dubai International Financial Centre: New Intellectual Property Regulations Read More »
We are pleased to share with you our contribution to the Legal 500’s Dispute Yearbook 2021. Our article takes a look at the recent English Supreme Court judgements that affect International Arbitration and how this interpreted into the world of arbitration within the GCC region. The cases of Enka Insaat Ve Sanayi AS v 000Insurance
As a UAE firm, with over 23 yeas experience in helping clients navigate the legal landscape, we are well versed in assisting foreign investors establishing their presence and business in the UAE – both onshore and free zones. We have significant expertise working with investors in joint ventures, mergers and acquisitions in the Gulf. We
Assisting Foreign Investments in the UAE Read More »
Dubai International Financial Centre (DIFC) has just announced its first successful cross-border merger under the DIFC’s Companies Law. The DIFC Companies Law allows mergers between both private and public companies established in the DIFC and companies established in jurisdictions outside of the DIFC. This is a huge step forward that allows the DIFC to attract
DIFC Success in first cross-border merger Read More »
Last Wednesday, Reda Hegazy was invited to participate on Judicial Training Institute of the Ministry of Justice on the experts role in maritime disputes. Mr Reda said “My lecture focused on the role of legal experts in light of the Supreme Courts provisions that experts should be fully aware of the legal principals in how
The Expert Role in Maritime Disputes Read More »
Foreign nationals can now own 100% of companies within the onshore jurisdiction of the UAE, which previously required 51% Emirati ownership to do business outside of UAE free zones. This remarkable development is expected to further enhance the UAE’s position as the Gulf’s premier business hub and a stronger magnet for foreign capital and investment.
UAE Companies Law to Allow 100% Foreign Ownership in UAE Read More »
Introduction Over the past 14 years, Dubai has embraced both civil and common law legal systems within its borders. In order to understand the concepts involved I have set out below the fundamentals of each system ending with a comparative look at the two systems as they are currently in use at this time. Dubai
Now that many construction and engineering contracts have recommenced after a period of shut down or slow down due to the issues surrounding Covid-19, many Contractors and Employers are having to assess and deal with the effects on their projects including whether extensions of time and damages should be awarded to the Contractor. In this
Does COVID-19 really result in a force majeure claim under FIDIC? Read More »
In the backdrop of a worldwide health crisis brought about by the novel coronavirus (COVID-19), the Insurance Authority in the UAE took a number of measures to limit the adverse implications of the virus on the insurance sector and to ensure continuation of insurance businesses across the UAE. On 8th March 2020, the Authority passed Circular
Have you filed your Economic Substance Regulation notification? All Licensees in the UAE must “notify” by the 30th June deadline and certain businesses engaged in “relevant activities” must further report. PURPOSE The purpose of the Regulations is to ensure that UAE entities that undertake certain activities are not used to artificially attract profits that are
Have you filed your Economic Substance Regulation notification Read More »
The question which many in the construction industry are asking during this time, is whether the current pandemic can be deemed a force majeure event. If so, what impact does this have on construction contracts? Should parties be in agreement, is it acceptable for them to continue with an existing contract irrespective of the force
Business integrity in the time of pandemic: what can businesses in the UAE do to protect their people and business? During these uniquely challenging times, businesses are poised to react to sudden changes in the market. As businesses navigate through new waters, it is best to seek guidance from the authorities and methodically deal with
Cyber blackmailing is the threat of disclosing certain information about a person, or doing something to harm a threatened person if the threatened person does not respond to certain requests. This information is usually embarrassing or socially destructive. A common form of blackmail is threatening the victim to share private pictures or videos or expose
Cyber Blackmailing Read More »
In a historical development of India and UAE relationship, UAE Judgment will be recognized and enforceable in India based on reciprocity as per the Notification issued by the Government of India on 17 January 2020 (“Notification”). On 17 January 2020, Government of India published in its official gazette Notification for recognition of the UAE as
Be aware: Defaulters in UAE may be pursued in India Read More »
Article 85 of the Regulations of the Civil Procedures Law issued by Cabinet Resolution No. 57 of 2018 (“Regulation”) regarding the regulations of Federal Law No. (11) of 1992 regarding civil procedures, enumerates the procedures that the applicant shall take to enforce foreign provisions, orders and bonds within the state. In addition, Article 86 of
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister, in his capacity as Ruler of Dubai, has issued an amendment to Law No. 21 of 2015 regarding the new fees of the Dubai Courts. The amendment replaced the provisions of Articles (8), (14) and (35) with provisions relating to non-payment of fees,
This month, the UAE Cabinet approved the issuance of a five-year, multiple entry tourist visa for all nationalities visiting the country. This move aims to enhance the UAE’s position as a top tourist destination and further strategically supports the Dubai Expo 2020 efforts. Holders of the five-year multiple entry tourist visa shall be allowed to
Tourism Boost: The New Five-Year Multiple-Entry Tourist Visa Read More »
Recognizing the importance and the growing preference for arbitration as a form of dispute resolution, UAE authorities promulgated Federal Law No. (6) of 2018, otherwise known as the UAE Arbitration Law. This law repealed Articles 203 to 218 of Federal Law No. (11) of 1992 or the UAE Code of Civil Procedures and further has
Ensuring Validity of Arbitration Agreements in the UAE Read More »
INTRODUCTION AND BACKGROUND H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has promulgated the Resolution of the Cabinet of Ministers No. (31) for 2019 concerning Economic Substance Regulations (ESR/Regulations) on 30 April 2019. Pursuant to the Regulations, a Ministerial Decision no. 215 of 2019
Economic Substance Regulation of UAE Read More »
Japan Patent Office (JPO) decided that VW’s famous car model “Polo” is dissimilar to, and unlikely to cause confusion with, the word mark “Car-pollo” when used for car navigation. Volkswagen AG filed an opposition against registration the word mark “Car-pollo” written in standard character filed by Baidu Online Network Technology Beijing Company Limited on the grounds that
IP News, “POLO” vs “Car-pollo” Read More »
Alsuwaidi & Company succeeded in obtaining final and executory judgment rendered by the Dubai Court of Appeal in favor of our Client whereby it upheld to hold the shareholder of a limited liability company jointly and severally liable for said company’s obligation. Short facts: The Client filed a commercial dispute case before the Dubai Court
Dubai Court’s Leading Judgement on Piercing the Corporate Veil Read More »
“Alsuwaidi & Company has successfully represented their client in a ruling by the Federal Supreme Court on 15 January 2019 on the enforcement and recognition of an arbitral award.”. In the said ruling, the Federal Supreme Court overturned a refusal by the Khor Fakkan Court of Appeal to recognize and enforce a foreign arbitral award
Arbitration Judgment Read More »
A Judgment issued by the Dubai Court of Cassation to stop the infringement of a well-known trademark in a case that presents a unique precedent because of the difficulty in these types of cases to ascertain the conditions and reasons for stopping the infringement of trademarks and prevent it. The case is that the claimant
A Judgment by Dubai Court of Cassation to stop infringement of international trademark Read More »
The new employment law, namely, the DIFC Law No. 2 of 2019, came into force on 28 August 2019, replacing the DIFC Law No. 4 of 2005, as amended by DIFC Law No.3 of 2012 to be the current applicable law. In an effort to accommodate the varied employment arrangements in the DIFC, the newly
Key Changes of the New DIFC Employment Law Read More »
The United Arab Emirates is a fascinatingly inspirational young nation that has accomplished remarkable success in a short span of 48 years. UAE is also one of the safest countries with the lowest rate of crimes in the world. In line with UAE’s vision to become one of the safest places in the world, the
Introduction to the UAE’S Court System Read More »
The UAE Cabinet recently approved Decree-Law No. (19) of 2019 on the Insolvency of Natural Persons concerning natural person’s inability to pay debts due to insolvency and debt default. This new law is aimed at enhancing the competitiveness of the UAE, ease of doing business and at facilitating more favorable conditions for individuals facing financial
Key Highlights on the UAE Insolvency Law Read More »
Long-term Residence Visas The UAE has launched long-term residence visa programs that aim to attract international talent into the UAE, such as entrepreneurs, investors, scientists and special talents. Availing these long-term residence visas can be described below: 10-year UAE residence visa According to the General Directorate of Residency and Foreigners Affairs, foreign investors may obtain
Spotlight on Recent Developments in UAE Read More »
Due to the inability of some individuals to own properties or movables of high value that exceed their financial limits, the federal legislators were led to issue a law on Financial Leasing. This law aims to make individuals of limited income invest in immovables and movables in long-term installments. These individuals are entitled to own
The New Federal Law on Financial Lease Read More »
“But I did not know!”; “That can’t be!”; “It’s totally unacceptable!” These may just be a few of exclamations that people utter when they are apprehended while transiting, visiting or moving to a new country. As in most jurisdictions, “Ignorance of the law excuses no one.” Therefore, it is highly advisable to get acquainted with
“Ignorantia Legis Neminem Excusat” Read More »
يدخل القانون رقم 9 لسنة 2019 بشأن الاعسار حيز التنفيذ بداية من يناير 2020 وهي سنة الرهان الاقتصادي والمجتمعي على التطور والتطلع الى دولة أكثر سعادة واستقرار فما هو دور قانون الاعسار في هذ السياق؟ على خلاف القانون الاتحادي المتعلق بالإفلاس، يشمل قانون الاعسار المدنيين من غير التجار ممن حالت الصعوبات المالية دون سداد ديونهم
قانون الاعسار، الأهداف والاليات Read More »
The way in which Islamic banks (the “Banks”) foreclose on properties they finance due to a default of the customer depends on whether the Banks either: a) register the properties in the names of their customers and mortgage them in favour of the Banks, or b) register the properties under the names of the Banks.
Foreclosure and Legislative Challenges for Islamic Banks Read More »
In the UAE, a country which continues to be a strategic hub with a rapidly growing economy, writing cheques is one of the common forms of payment; whether you’re buying a car, paying rent or any form of purchases and individual transactions, cheques are commonly used as a form of security. The below outlines important
Basics of Bounced Cheques in Dubai Read More »
Our latest insight from Reda Hegazy. A Job Offer Letter: It is the intention of an employer to appoint a prospective employee under the conditions and features that are outlined in a job offer. This offer is generally prepared in writing in order to prove its content easily, and it may include terms of contract and
Is job offer letter legally binding on the employee and the employer? Read More »
The UAE Federal Law No. (37) of 1992 on Trademarks defines “well-known” trademark as trademarks that pass borders of the origin country of the trademark to other countries. These may not be registered unless upon a request or official authorization from the original owner. To determine that a trademark is well-known, familiarity with such trademark
Well-Known Trademarks, Standards & Protection Read More »
Parallel importation is genuine product importation from another country without the permission of the intellectual property owner. Parallel import is based on the idea of consuming the intellectual property rights. When a product is first sold on the market territory, parallel importation is authorized to all residents in that state. Some countries allow it, but
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Alsuwaidi & Company’s Head of the Maritime Department, Mr. Abdelhak Attallah, participated in the discussion on “London’s Competitiveness as a Shipping Cluster” on 9 September 2019 at the 2019 edition of London International Shipping Week (LISW). At the said event, Maritime London, the Department for Transport (DfT), and the City of London Corporation formally launched
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The United Arab Emirates (UAE) is one of the fastest-growing countries in the field of construction and real estate development. Among the seven emirates in UAE, the Emirate of Dubai is one of the leading contributors in the speedy growth of construction and real estate development through the issuance of comprehensive real estate legislations as
The United Arab Emirates officially announced changes in the official fees for services offered by the Ministry of Economy. As regards to intellectual property fees, the following reductions were made: – Trademark registration fees were reduced from AED 10,000 to AED 6,700. No changes to filing and publication fees. – Trademark renewal fees were reduced
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The United Arab Emirates Cabinet passed a landmark decision last year to allow 100% foreign ownership of companies onshore and have recently announced the industry sectors that are eligible. This marks a significant change from the prior law where foreigners must seek a local partner to set up business in the UAE, onshore and where
Eligible Sectors for 100% Foreign Ownership in the UAE Now Defined Read More »
General rule There is a general rule in most countries worldwide that states one must use their registered Trademark, or it may be subject to a potential cancellation by a competitor. The concept is known as ‘non-use’. In the UAE, use of a trademark is not required for registration or renewal. However, a trademark is