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.
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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...
The United Arab Emirates (UAE), a land of boundless opportunities, stands as an irresistible hub for entrepreneurs and investors seeking unparalleled growth and prosperity. Yet, when faced with the decision of choosing between Mainland and Freezone for your business setup, it’s easy to find yourself at a perplexing crossroads, unsure of which path to tread....
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...
Are you an ambitious entrepreneur seeking a land of opportunities to starting your business in the United Arab Emirates (UAE)? Renowned for its thriving economy and investor-friendly policies, the UAE offers a myriad of benefits that make it an ideal destination for aspiring business owners. Let’s delve into the enticing advantages of setting up your...
Introduction and Legal Framework The Abu Dhabi Global Market (“ADGM”) is an international financial center located in Abu Dhabi, United Arab Emirates (“UAE”). ADGM has its own legal framework, based on the English common law. Disambiguation: This article discusses ADGM employment laws. For DIFC labour laws, please refer to DIFC Employment Laws. For UAE Federal labour laws,...
