The UAE Labour Law amendment has brought in a transformative development. We explore the implications for employers and employees in the UAE, with the introduction of Federal Decree-Law No. 20/2023 on 13/09/2023.
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Regulation of Competition is a robust legal framework crafted to encourage fair competition and deter monopoly. It’s poised to shape a fair, dynamic, and resilient business landscape in the UAE. Demonstrates the government’s commitment to fostering a level playing field and promoting innovation. The United Arab Emirates has recently implemented a substantial legal framework to...
Al Reem Island Becomes Part of ADGM (Abu Dhabi Global Market). Expands ADGM’s jurisdiction to Al Reem island in addition to Al Maryah island. With 1438 hectares, ADGM becomes one of the largest concentrated Financial Districts in the world.
The processes for UAE's ICV certification for the Small and Medium Enterprises (SMEs) to obtain the National In-Country Value (ICV) Certificate for a nominal fee as low as AED 500.
Setting a precedent in UAE corporate law, for the first time a UAE court grants compensation for non-financial losses in a business dispute, safeguarding a company's reputation and honour. This sets a UAE precedent. Energy drink brand Power Horse wins USD1 million as moral damages.
Ras Al Khaimah Digital Assets Oasis (RAK DAO) Free Zone signs agreement with DIFC Courts, to promote businesses in AI, Metaverse, Blockchain, NFTs, and more digital assets.
In the Abu Dhabi Global Market (ADGM), employment regulations are dealt with by the provisions of ADGM Employment Regulations 2019 (the “Regulations”), ADGM Employment Regulations (Engaging Non-Employees) Rules 2023 (the “Rules of 2023”), and ADGM Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019 (the “Rules of 2019”). The usual practice is to develop an...
The United Arab Emirates (UAE) has successfully diversified its economy over the past four decades, creating a host of international business opportunities across multiple sectors. With a highly flexible government that continuously introduces incentives for businesses at every stage, the UAE has emerged as a favorable destination for startups, established enterprises, and aspiring entrepreneurs. In...
Making the Right Move: Your Business, Your Future Armed with a wealth of knowledge about Freezone and Mainland, it is now time to choose the path that aligns with your unique business goals. Consider the size, nature, and location requirements of your venture, and seek guidance from industry experts to ensure a seamless company...
The UAE is home for several free zones and each free zone is regulated by its own laws. This article talks about employment laws pertinent to the DIFC. For employment laws relevant to the Abu Dhabi Global Market, see ADGM Employment Regulations: A Quick Overview. The Dubai International Financial Centre (DIFC) is a financial free...