Legal consultancy and business setup news in Middle East.

The inevitable truth is that the impact of the Russian – Ukrainian conflict has forced global economies to redefine their normal. A recent article published by MIT touches on this matter and reiterates the significant impact that this conflict has had on the global economy. The operational and logistical flow of resources from these countries […]

The enormity and illustriousness of the effects of conflicts on the world economies over the years have, in no doubt, been quite substantial. Such economic and political differences have affected parties, locally and internationally, impacting both public as well as private entities. The ongoing feud between Russia and Ukraine is no different. The thirst for […]

On 7 April, 2022 The Dubai Financial Services Authority (DFSA) has launched a new regulatory regime for whistleblowing (the Regime) that applies to all DFSA regulated entities that operate in or from the Dubai International Financial Centre (DIFC). The Regime aims at achieving the following goals: Provide enhanced legal protection for whistleblowers Improve on and […]

The amendments to the UAE Labour Law are the latest updates to the UAE law in a series of sweeping changes introduced by the UAE government. Federal Decree Law No. 33 of 2021 (the New UAE Labour Law) which has taken effect on 2 February 2022 together with the recent supplemental regulations both provide much […]

Although the coronavirus pandemic lockdown is slowly being eased across the world and Dubai seems set to go into boom mode again, judging by the property prices and inflow of tourists, companies here are still facing a number of challenges.  The coronavirus pandemic has exposed deeper problems to companies and pushed them over the edge […]

On a Monday evening, for nearly six hours, the world watched anxiously as the global tech giants Whatsapp, Facebook and Instagram went off the grid. In a technology-driven society where each and every person is overly dependent on social media for posting personal matters to facilitating the operations of small businesses around the world, the […]

The virtual private networks (VPN) work by encrypting the connection to the internet, disguising the IP address and preventing others from tracking your virtual whereabouts. The use of VPNs conjures a direct association to illegal activities such as hacking, accessing or downloading communication and gaming applications or websites that are blocked in the UAE, so it […]

Last week, the United Arab Emirates (the UAE) Minister of State for Digital Economy, Artificial Intelligence and Remote Working System (the Minister) announced that the UAE will introduce a new federal data protection law (the New Law). The announcement came as part of the UAE’s golden jubilee event held by the UAE government with the […]

What’s New? Dubai Department of Economic Development (Dubai Economy) has published guidelines on the procedures for foreign investors 100% ownership of limited liability companies in Dubai and a list of activates eligible for foreign ownership. Dubai Economy has started implementing the new decision on foreign ownership effective 1st June 2021, in accordance with the Federal […]

On Wednesday 19 May, the UAE’s Ministry of Economy announced on the government’s Twitter account that non-Emirati investors and entrepreneurs will be permitted to fully own a business based in the UAE starting from 1 June 2021. The UAE announced the law allowing 100% foreign ownership of companies in November last year and it anticipated […]