May 17, 2024
UAE Introduces Blue Visa and Gaming Visa for Business Growth and Innovation

UAE introduces Blue Visa for environmentalists and the 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...

February 23, 2024
Dubai Courts Introduce Non-Muslim Inheritance Department

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...

February 17, 2024
US Court Declines to Enforce DIFC-LCIA Arbitration Agreement through DIAC

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...

February 1, 2024
The Daily Dose of Legal News and Views: Feb 02, 2024

Here our lawyers and editorial board members join hands to bring to you a curated list of legal news and views from across various sources. Views expressed are of the respective authors and publishers, not of ATB Legal. This list is curated only for informational purposes, and we are not responsible for any factual inaccuracies....

January 18, 2024
UAE Set to Introduce Dedicated Bankruptcy Courts for Adjudicating Cases

UAE Bankruptcy Court according to the Federal Decree-Law No. 51/2023 comes into effect on May 1 Eliminates the need for distinct enforcement proceedings initiated by creditors Preventive Settlement mechanism replaces the Bankruptcy Preventive Composition In a significant stride towards enhancing the legal framework for financial restructuring and insolvency in the United Arab Emirates (UAE), the...

January 9, 2024
UAE Media Law Reform: The New Decree-Law and Regulatory Landscape 

UAE’s recent enactment of a federal decree-law signifies a pivotal step towards regulating and nurturing a vibrant media landscape. The comprehensive legislation extends ownership opportunities to both individuals and legal entities The UAE Media Council will oversee various aspects including the classification of creative productions and issuance of permits The decree outlines a 12-month adjustment...

January 2, 2024
Oman Opens Wider for Foreign Investment; Allows Non-residents to Start Business 

​​The Sultanate of Oman is gearing towards a Foreign Investor-friendly regulatory regime. With the latest regulatory reforms, foreign investment do not need a residency card to establish a business in Oman. This groundbreaking development is part of Oman’s strategic vision to diversify its economy and attract global investors.​  Thinking about expanding your business to Oman?...

December 26, 2023
UAE Accountability Authority: ​​A Successor to the Supreme Audit Institution

​​The Supreme Audit Institution in the UAE is being replaced by the UAE Accountability Authority. The new Authority will be instrumental in UAE’s effort to curb Bureaucratic corruption and offer improved protection and safeguards to whistleblowers. ​ Background WAM (Emirates News Agency), the official news agency of the United Arab Emirates (UAE) has reported on...

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