UAE Anti-Commercial Fraud Law passes through Federal National Council

Under the previous UAE Commercial Companies Law (1984 Law) there was considerable debate amongst lawyers as to whether a shareholder in a UAE limited liability company (LLC) was able …

Clyde & Co has launched its 2015 UAE Workplace Study. This is the first workplace study completed by Clyde & Co in the UAE and, in ...

The UAE Insurance Authority has recently released its Annual Statistical Report for the Insurance Sector in the United Arab Emirates for 2014. The report provides a comprehensive overview of the (re) ...

A new decree has been issued in Dubai regulating fundraising in the Emirate of Dubai (Dubai Decree No. 9 of 2015). In summary, the law states that approval must be sought from the Dubai Islamic Affairs ...

Educational establishments work hard to build reputations as trusted and leading education providers within local communities and globally. Investing in trademark protection can ensure that exclusive ...

With the official launch of the United Arab Emirates Space Agency on May 26, 2015 and as the UAE aspires to launch the probe ...

The issue of the new commercial companies law (Federal Law No. 2 of 2015) (the Law) was announced by the UAE …

In January 2015, the Board of the Abu Dhabi Global Market (ADGM) published drafts of various key regulations as part of a formal public consultation. Clyde & Co has …

The executive regulations (Regulations) in relation to the UAE competition law came into force on October 27, 2014. This article examines some practical implications of the merger control provisions. …

Due to the increasing population and increased awareness of health matters, the number of complaints and claims against healthcare providers and physicians has …

When drafting dispute resolution clauses, parties typically focus on the law governing the contract and, where such clauses provide for arbitration, the curial law (or procedural law of the seat) …

Qatar’s National Vision 2030 sets out the Qatari government’s (the Government) goal of improving the health of Qatar’s population by developing a world class and integrated health care system. In …

With projects such as the US$20 billion Riyadh Metro, the Saudi Arabian government is implementing one of the most ambitious infrastructure programmes in the world. Notwithstanding this, some international …

In the context of family businesses, a number of which are run by a single person, ignoring the ramifications of, and failing to plan for change could put the future of the family business in jeopardy in the …

As Qatar’s business sector continues to mobilise itself to achieve the goals of Qatar’s 2030 Vision and in particular to prepare for FIFA …

Since August 2011, the KSA Ministry of Labour has embarked on an ambitious program to create jobs for KSA nationals. Nitiqat is now well known amongst KSA employers who …

With its oil wealth and strong demand for all manner of industrial and consumer goods, the United Arab Emirates (UAE) is an attractive …

As Qatar’s business sector continues to mobilise itself to achieve the goals of Qatar’s 2030 Vision and in particular to prepare for FIFA 2022, the legal regime applicable to engineering and architectural …

Following the recent decision by the Council of Ministers’ to open up the Saudi stock exchange (the Tadawul) to certain non-GCC investors, we take a closer look at the current status …

On June 7th, 2014, the president of the UAE introduced a law providing for compulsory military service for all male Emiratis between the ages of 18 and 30. The law will come into effect 180 days from its …

This year the Holy Month of Ramadan started on June 28th, in the State of Qatar with the sighting of the new crescent moon (hilal) and will continue until the crescent moon is sighted again, and Eid Al-Fitr is announced, …

Both the Capital Markets Law (the CML), which came into force in the Kingdom of Saudi Arabia (the KSA) on February 21st, 2004 and the Market Conduct Regulations (the MCR) issued by the Board of the …

The future for arbitration in Dubai just got brighter with the recent announcement that a new Arbitration Institute is to be established in the Dubai International Financial Centre (DIFC). …

Following the passage of the draft UAE Anti-Commercial Fraud Law through the Federal National Council on 4 March 2014, further amendments have been made to the draft Law as it progresses …

On March 10th, 2014, the Board of Ministers formally approved the ‘Rules and Regulations for the Operation of the Committees for the Resolution of Insurance Disputes and Violations’, described in the following …

Please note that all definitions in this article are as per the Tax Regulations (as defined) unless otherwise stated and Article references are to the Articles of the Regulations …

Managing an internationally mobile workforce can be challenging, particularly as home country and host country laws can be vastly different. Below are some issues to consider. …

In April 2012, Saudi Arabia enacted a new Arbitration Law (2012 Law), which was a major step forward for commerce in the Kingdom. Two years later, it is timely to consider steps taken since and the …

In February 2014 Law No. 1 of 2014 (the Law) took effect. The Law will regulate the process of licencing, and the operation of nursery schools in Qatar. The Law gives the Ministry of Labour and Social Affairs …

As Qatar prepares to host the one of the biggest sporting events in world, the Fifa world cup 2022, working conditions of expatriate workers are a priority. Human Development is one of the five pillars of …

We recently undertook an extensive survey analysing data from a number of regional M&A and joint venture deals in 2012 (Deal Study). …

On July 1st, 2013, the Saudi Shura Council met and approved a draft Law in relation to Employment Interruption Insurance (the EIIL). …

Law No. (14) of 2004 (Labour Law) sets out the ways in which an employee’s employment can be terminated. Employment may be …

The construction sector within Dubai has been steadily on the rise since the beginning of 2012, and industry sentiment prior to the Expo …

Alongside its introduction of the Nitiquat system in August 2011 (designed to promote the employment of KSA (Kingdom of Saudi Arabia) …

As part of its commitment to creating a strong and transparent legal and regulatory environment for its firms, the QFC Authority (‘QFCA’) issued …

In this briefing we review the evolution of Tanzania’s first National Natural Gas Policy over the last year, evaluate the key final terms and consider likely next steps.

A look at the structure of the construction industry in Tanzania, focusing on: key legislation and gov't bodies; registration of foreign contractors; appointing sub-contractors or engineers; and the challenges facing the industry.

A look at the environmental management regulations in the mining sector in Tanzania.

Businesses and governments collect, store and process increasing amounts of information. That information is often highly confidential …

In recent years the Saudi government has raised its capital project expenditure, as well as reformed elements of its laws, to assist …

Qatar Law No.(14) of 2004, the Labour Law, governs the terms of employment of the majority of individuals currently working in the State of …

The world now spends more than 110 billion minutes on social networks per month. It is estimated that 60 percent of all internet …

Saudi Arabia’s accession to the Patent Cooperation Treaty (PCT) and to the Patent Law Treaty (PLT) in August 2013 is a prompt for businesses filing …

Law No.(8) of 1979 regulates the media in Qatar (Law). A draft of a new law was released in June 2012 by the Government, but this has …

Following the implementation of the Foreign Account Tax Compliance Act (FATCA) by the United States government in 2010, financial institutions around the world will be obliged to disclose any US citizen account holders’ names, addresses…

As private talks continue between IOCs already operating in Tanzania and the government surrounding the development of recent major gas finds…

In this month’s mining briefing we consider the obligations upon mining companies to pay royalties to the Government of Tanzania (the GOT),…

This is the first of the monthly projects and construction briefings which Clyde & Co aims to publish on the legal and regulatory framework,…

Across the Middle East, it is apparent that increasingly streamlined and sophisticated corporate legal regimes are being implemented by …

Earlier this year, the Ministry of Labour (MoL) in Saudi Arabia (KSA) launched a series of surprise labour inspections designed to root out …

Limited Liability Companies (LLCs) established pursuant to Law No.(5) of 2002 as amended (the Companies Law) are the most …

July witnessed the launch of two schemes aiming to have a profound impact on Tanzania’s energy sector. Following U.S. President Barack Obama’s visit to the country at the beginning of the month as part of the launch ...

As the fifth anniversary of the onset of the financial crisis approaches, consultants to the construction industry should be …

On April 30th, 2013 the DIFC Court of First Instance accepted jurisdiction over a dispute between a DIFC-based reinsurer and an Abu Dhabi …

The Saudi government intends to build a sizeable renewable energy sector to exploit its wind and solar potential. The intention of this …

The provisions of Qatar Law No.(14) of 2004, the Labour Law, govern the employment of the majority of individuals employed in …

The benefits of social media to a business are far reaching in their scope as it presents businesses with an effective marketing tool and potential …

Brand owners are welcoming a new draft law (the Law) aimed at combating commercial fraud and counterfeit goods in the United Arab Emirates …

Law firm Clyde & Co recently published its second Middle East Deal Study. Based on the firm's analysis of data from M&A and JV transactions on which they worked in the region over the last 18 ...

ASIAN-MENA COUNSEL is delighted to present a summary of Clyde & Co’s second Middle East Deal Study, the full version of which can be found on their website at the bottom of this article.

Law firm Clyde & Co recently published its second Middle East Deal Study. Based on the firm's analysis of data from M&A and JV transactions on which they worked in the region over the last 18 ...