The ADGM Arbitration Centre had introduced an innovative “Mediation in the Metaverse” initiative in 2023, which is designed to transform the global mediation landscape. Utilizing cutting-edge Web3 technology, this initiative offers a virtual counterpart to ADGM’s advanced arbitration and mediation facilities. By enabling participants to conduct mediation sessions through video from any location via desktop...
Doha, August 23, 2024 – Qatar has officially become a member of the Madrid System, a global mechanism for the registration of trademarks, as of August 3, 2024. This significant step enhances Qatar’s ability to protect intellectual property rights on an international scale and streamlines the process for businesses and individuals seeking trademark protection in...
From 1st July 2024, all licensed economic establishments must adhere to its new requirements when engaging social media influencers for advertising and for advertising on social media platforms and websites. Effective 1st July 2024, the Abu Dhabi Department of Economic Development (ADDED) has mandated that all licensed economic establishments must adhere to its new requirements...
The Council of Europe’s Convention on Artificial Intelligence lays a foundational framework for AI governance and regulation , emphasizing the protection of human rights, democracy, and the rule of law. AI Regulation and Governance: A Legal Perspective Artificial Intelligence (AI) represents a transformative leap in technological advancement, promising unparalleled benefits across various sectors. However, its...
Following recent improvements in regional relations, Qatar has signed tax treaties with the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). These Double Tax Avoidance Agreements (DTAAs) are a positive step for businesses and individuals operating in all three countries. GCC Economic Cooperation Takes a Leap Forward In a significant development...
In a recent development, three prominent real estate developers in Dubai have been fined AED 500,000 each for violating the emirate’s stringent real estate escrow law. This significant enforcement action underscores the importance of compliance with regulations designed to protect investors and maintain the integrity of the real estate market. The authorities have not called...
UAE introduces Blue Visa and Gaming Visa addressing specific sectors with significant growth potential and opening substantial business opportunities. Sheikh Mohammed bin Rashid approves 10-year Blue Residency visa for environment champions https://t.co/7WKtLjJMBi pic.twitter.com/8Kkv47Pxqu — UAE News (@UAENews) May 15, 2024 The United Arab Emirates (UAE) has introduced the Blue Visa, the latest in a series...
The Federal Tax Authority (FTA) have announced deadlines for completing the Corporate Tax Registration for Taxable persons in UAE. The Decision comes into effect from March 1, 2024. Background The FTA has issued new a decision that specifies the timeframes for applying for the Corporate Tax (CT) Registration. The CT regime, which came into effect...
The Department of Non-Muslim Inheritance respects the cultural and religious views of everyone in a cosmopolitan community. It follows a single-session procedure where the application to open the file and the decision accepting the execution of the will are presented together. The Dubai Courts have created the first-ever Inheritance Department for non-Muslims in an innovative...
A look at the fate of existing DIFC-LCIA arbitration clauses after Dubai’s Decree 34 of 2021 dissolved the DIFC-LCIA and transferred its functions to the DIAC (Dubai International Arbitration Centre). In a recent development in the sphere of international dispute resolution, a United States court has refused to enforce a Dubai International Financial Centre-London Court...
