In a move signalling Dubai’s deepening commitment to automotive innovation and sustainability, DP World and Cars24 have announced a joint investment of AED 55 million (approximately USD 15 million) to build a major automotive refurbishment car revamp hub at the National Industries Park (NIP) in Dubai. The 220,000 sq ft facility, set for construction in...
In a landmark step towards building a sustainable economy, the UAE Ministry of Economy and Tourism has introduced the nation’s first Green Licence, a business framework designed to attract and support environmentally responsible enterprises. The initiative forms part of the UAE’s broader drive to promote innovation, clean technology, and circular economy practices under its We...
In a landmark move aligning economic ambition with environmental purpose, the Ministry of Economy and Tourism (United Arab Emirates) and Expo City Dubai have launched the nation’s first Green Innovation District — a cutting-edge ecosystem designed to catalyse the UAE’s transition to a green and circular economy. What the Green Innovation District Offers A...
In a significant move aimed at enhancing the UAE’s business environment, the Ministry of Human Resources and Emiratisation (MoHRE) has launched an Easy Payment Plan (EPP) that allows companies and individuals to pay service fees and fines through interest-free installments. The initiative reflects the UAE government’s continued efforts to support business growth, promote compliance, and...
Abu Dhabi, October 2025 — The Abu Dhabi Global Market (ADGM) has introduced a strengthened enforcement framework that significantly increases the scale of financial penalties for regulatory breaches. The reforms, implemented under the Administrative Regulations 2025, mark a decisive step toward reinforcing governance and accountability standards within the international financial center. A More Robust...
Detailed Information For more information, visit Taxation and Taxes in the UAE or consult with a tax expert.
A Payment Order is a judicial mechanism designed to expedite the process for creditors to recover debts. This process is commonly used for debts arising from financial transactions, unpaid invoices, or defaulted contractual obligations, ensuring a fast-track resolution for clear-cut claims. It allows creditors to secure ex-parte judgments, meaning the judgment is issued without the...
Dubai’s legal system has seen a critical update with the introduction of Decree No. (29) of 2024, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. This decree establishes a specialized a New Judicial Committee aimed at resolving jurisdictional disputes between the Dubai International Financial Centre (DIFC) Courts and other...
Unpaid invoices can present significant challenges for businesses in the UAE’s vibrant and diverse economy. Effective debt recovery is essential for maintaining financial stability and operational continuity. This comprehensive guide explores the essential strategies and legal mechanisms for recovering outstanding debts. It covers the process from initial communications with debtors to potential legal actions, helping...
What is debt recovery? Debt recovery is the process of collecting unpaid debts from individuals or businesses. It involves legal actions and negotiations to ensure that creditors receive the amounts owed to them by the debtors. What is the first step in recovering a debt? The first step is to send a formal legal demand...
