This Article is part of our article on the Expansion of Al Reem Island of ADGM. This Article focuses more on the regulatory frameworks and legal arenas during and post the transition from Abu Dhabi Mainland to Al Reem Island. The major shift that the business will face during or post the transition is the...
The expansion of the Abu Dhabi Global Market (ADGM) to Al Reem Island marks a pivotal shift in the UAE’s regulatory landscape. Under the UAE Cabinet Resolution No. 41 of 2023, ADGM’s jurisdiction has extended beyond Al Maryah Island, bringing Al Reem Island under its common law system. This transformation, effective since April 2023, replaces...
The UAE’s competition framework is designed to foster a robust and dynamic market environment by safeguarding and promoting anti-competitive practices and ensuring compliance with fair pricing mechanisms across industries. The UAE’s Competition Law, governed by Federal Law No. 36 of 2023 (“Competition Law”), establishes a framework designed to prevent monopolistic practices, encourage market fairness, and...
In a decisive move to enhance the UAE’s labor law regulatory framework, the government unveiled significant amendments to the Federal Decree-Law on the Regulation of Employment Relationships. As part of these changes, fines reaching up to Dh1 million have been stipulated for specific infractions. Disambiguation: This article discusses UAE Federal employment laws. For ADGM labour...
In a significant regulatory update, the United Arab Emirates (UAE) Ministry of Human Resources and Emiratization (MOHRE) has announced a revolutionary shift in the procedural framework for work permit cancellations. Effective immediately, the cancellation of work permits for employees will necessitate no physical documentation, a substantial enhancement driven by the recently inaugurated Work Bundle platform....
In the fast-paced global business landscape, the concept of working time and regulations governing working hours play a pivotal role in shaping work-life balance, employee well-being, and overall economic productivity. The Abu Dhabi Global Market (ADGM), a prominent international financial center, has established a comprehensive framework for working time and regulations for working hours to...
The Abu Dhabi Global Market (ADGM) is a thriving financial-free zone in the heart of the United Arab Emirates. Over the years, it has attracted numerous businesses and investors, both local and international, looking to capitalize on the region’s burgeoning economic opportunities. As businesses thrive and evolve, there inevitably comes a time when the termination...
The Abu Dhabi Global Market (ADGM) is a financial–free zone in the UAE, which has its own regulations. Employment Regulations 2019 (the “Regulations”) is the law that deals with employment relates matters in the ADGM, and it applies to ADGM, its authorities, establishments and employees. Disambiguation: This article discusses ADGM employment laws. For DIFC labour...
Introduction The Abu Dhabi Global Market (ADGM) has rapidly emerged as a prominent international financial center, attracting businesses and professionals from around the world. As part of its commitment to creating a robust and conducive business environment, ADGM has established a comprehensive framework that outlines the rights and responsibilities of employees within its jurisdiction. This...
The Abu Dhabi Global Market (ADGM) has emerged as a dynamic international financial center, known for its business-friendly environment and robust regulatory framework. One of the essential aspects that contribute to ADGM’s appeal is its approach to leave requirements, ensuring a balanced work-life equation for employees while promoting business continuity. In this article, we delve...
