Dubai, known for its innovation and forward-thinking governance, has once again demonstrated its commitment to excellence with the issuance of Executive Council Resolution No. (81) of 2024, approving the Succession Planning System for Dubai Government employees. This...
The DIFC enacted the Markets Law in 2012, which took effect on July 5th of that year. Part 6 of this law outlines prohibitions against market abuse. For more detailed information and guidance on this topic, consult the Code of Market Conduct (CMC). It’s important to...
On November 6, 2024, the Dubai Court of Cassation issued a noteworthy judgment regarding the enforceability of arbitration clauses in subcontract agreements. This case highlights critical legal aspects surrounding arbitration agreements and the conditions under which...
In a recent and notable judgment, the Abu Dhabi Court of Cassation examined issues related to procedural compliance in the issuance and notification of performance orders. The case, heard by a panel of esteemed judges, focused on the validity of notification...
After being taken off the list of money-laundering havens dubbed gray along with a bunch of long-standing laws to boost investor confidence, UAE has acted proactively and introduced new laws. These legal reforms are in line with the UAE’s 2024-2027 National...
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