Alsuwaidi & Company

Real Estate

Financial cybercrime since the COVID-19 Pandemic:

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 all-time …

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Chambers Global Practice Guide UAE: Enforcement of Judgements 2021

The Chambers Enforcement of Judgments 2021 Global Practice Guide is now available to view online. Alsuwaidi & Company contributed the chapter which focuses on the UAE. This guide provides the latest legal information on the identification of another party’s asset position, the costs and time involved in the enforcement of domestic and foreign judgments, challenges to enforcement, and …

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Chambers Global Practice Guide UAE: Litigation 2021

We are pleased to share with you our contribution to the Chambers Global Practice Guide, Litigation 2021 for the UAE. The latest guide provides expert legal commentary on litigation funding, initiating a lawsuit, representative or collective actions, pre-trial proceedings, discovery, injunctive relief, settlement, damages, appeals, costs, alternative dispute resolution (ADR) and arbitration. Many thanks to Mohammed Alsuwaidi, …

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UAE Companies Law to Allow 100% Foreign Ownership in UAE

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. …

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UAE: I terminated my contract early – will I get my cheques back or have to pay a penalty?

REDA HEGAZY’s recent contribution to the Gulf News focuses on If you terminate your lease agreement in the UAE before it is completed, would you need to pay a penalty or the remaining rent for the months left on the contract? Here is all you need to know UAE: I terminated my contract early – …

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Knowing and understanding the UAE Court system: a comparison of the legal civil procedures between the DIFC and Dubai Courts’ systems

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 …

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Dubai Land Department Partners With Alsuwaidi & Company On Real Estate Lawyer Initiative

Alsuwaidi & Company is one of the selected law firms in the UAE to partner with the Dubai Land Department (“DLD”) on the Real Estate Lawyer initiative. The Real Estate Lawyer initiative presents Dubai as one of the world’s most attractive investment destinations globally. The Initiative opens Dubai’s real estate industry to both local and …

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Does COVID-19 really result in a force majeure claim under FIDIC?

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 …

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Measures taken to protect the Insurance sector in the UAE: Resolutions of the Insurance Authority further to the coronavirus pandemic

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 …

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