The UAE Central Bank: banks & finance companies may defer personal and car loans installments for six months to overcome the repercussions of the weather condition The Central Bank of the United Arab Emirates has issued guidance to banks and insurance companies regarding the postponement of loans and insurance
Federal Law No. (5) of 2024 amending some Provisions of Federal Decree Law No. (34) of 2021 Regarding Combating Rumors and Electronic Crimes After reviewing the Constitution, Federal Law No. (1) of 1972, and Federal Decree Law No. (34) of 2021 regarding combating rumors and electronic crimes. The following law was
The Establishment of the Ministry of Investment by Federal Decree-Law No. (37) of 2023 on the Establishment of the Ministry of Investment and Amendment of the Jurisdictions of Some Ministries Recently, on September 28, 2023, Federal Decree-Law No. (37) of 2023 was issued to establish a new ministry and
Judicial Principle in Abu Dhabi Distinguishes Between Rental and Investment Contracts On October 30, 2023, Ad,The General Authority of the Court of Cassation in Abu Dhabi recently established a judicial principle regarding the distinction between rental contracts, disputes of which are subject to rental dispute resolution committees, and investment contracts, disputes
The decision of the Director General of the Abu Dhabi Agriculture and Food Safety Authority, No. (62) of 2023, regarding the determination of plant and animal activities for conducting economic activities on farms On December 23, 2023, the Director General of the Abu Dhabi Agriculture and Food Safety Authority issued Decision
The Federal Decree-Law No. (49) of 2022 Regarding the Human Resources Law in the Federal Government. Federal Decree Law No. (49) of 2022 was issued regarding human resources in the federal government, and it came into force on January 2, 2023. This law responds to the significant transformations that the labor
Federal Law Decree No. (51) of 2023 concerning Financial Restructuring and Bankruptcy On October 31, 2023, the UAE Federal Gazette published Federal Law Decree No. (51) of 2023, which pertains to Financial Restructuring and Bankruptcy (referred to as the “New Law”). This legislation, known as the Financial Reorganization and Bankruptcy
Federal Decree by Law No. (14) of 2023 Concerning the Modern Technology-Based Trade The Federal Decree by Law No. (14) of 2023 Concerning Modern Technology-Based Trade establishes a comprehensive regulatory framework aimed at governing and advancing the realm of digital commerce within the State. Encompassing various facets of modern trade facilitated
Cabinet Resolution No. 132 of 2023 Regarding the administrative penalties resulting from violators of the provisions of Council of Ministers Resolution No. 109 of 2023 regarding regulating the procedures of the actual beneficiary. In response to evolving regulatory demands, this decision has been crafted to govern legal entities operating within our
Federal Decree-Law No. (49) of 2022 regarding human resources in the federal government specifying the types of employment in federal entities and indicates remote work, and the Cabinet issued Resolution No. 27 of 2020 regarding the remote work system in the federal government. Governments worldwide have taken significant steps to promote
Administrative penalties and the cancellation of the legal impact arising from them, in accordance with Federal Law No. 49 of 2022 Concerning Human Resources in The Federal Government. While carrying out assigned tasks, an employee may engage in actions that could be deemed violations of the law or contraventions of policies
The Executive Council of the Emirate of Abu Dhabi issued some decisions regarding the conversion of certain lands into investment zones.Executive Council Decision No. (107) of 2023Regarding Investment Zone Thirty-Two in the Emirate of Abu Dhabi Whereas Executive Council Decision No. (107) of 2023 has been promulgated concerning the Thirty-Two Investment
Ministerial Resolution No. 27 of 2023 Regarding Extending the Deadline for Transferring Employment Contracts Ministerial Resolution No. 27 of 2023 was issued regarding extending the deadline for transferring employment contracts, as Federal Decree-Law No. 33 of 2021 regarding the organization of labor relations stipulated in Article 68, “employers must correct their
The most prominent amendments that came in the Federal Decree-Law No. 33 of 2021 regarding the regulation of labor relations, the “New Labor Law” is what is stipulated in Article 47 that:The termination of the workers by the employer is unlawful if the termination was due to filing a serious
On 6 February 2019, the President of the UAE issued Federal Law No. 2 of 2019 (the Law) which regulates the use of information technology and communications (ITC) in the healthcare sector. This eagerly anticipated Law: -aims to raise the minimum bar for protection of health data and to introduce certain
Introduction DEWS is designed to replace the existing end of service gratuity effective from 1 January 2020. This information is about DIFC Employee Workplace Savings Scheme (“DEWS”) The law has not yet finalised and therefore may be subject to change. In brief On a global level, an integral feature of many government agendas
In accordance with Article 10 of Federal Decree-Law No. 26 of 2020 regarding amending some provisions of Law No. 2 of 2015 concerning commercial companies, which stipulated that foreign investor is eligible to own 100% of the company’s shares. ADDED has issued AD Positive List which includes 1105 business activities
Federal Law No. 15 of 2020 Regarding Consumer Protection Federal Law No. 15 of 2020 regarding Consumer Protection (“New Law”) issued on 10/11/2020, which completely repealed the previous Federal Law No. 24 of 2006, has come into force officially since 16/11/2020. The New Law prohibits including any condition when contracting with
Issues number 694 and 695 of the Official Gazette for the year 51 dated 01/14/2021 AD and 01/31/2021 AD were including announcements regarding the amendment of the articles of association issued by the Securities and Commodities Authority for the following companies: – Takaful House Company – SAOG– Gulf Cement Company PJSC–
Legal notes concerning the template of Musataha agreement issued by Department of Municipalities and Transport on 28/10/2014 and the template of Musataha agreement issued by Abu Dhabi Investment Office on 30/8/2020 The following are the most prominent terms and provisions stipulated in the Musataha Agreement 2020: Project completion: At least fourteen (14) days
Amendments under Federal Law No. 11 of 2020 to some provisions of Federal Law No. 18 of 1981 concerning the commercial agencies The Federal Law No. 11 of 2020 issued on 05-28-2020 published in issue No. 679 – The Fiftieth Year of the Federal Official Gazette has amended some of the
UAE Cabinet has approved an in Oct 2019 further amendment (Amendment Law) to Federal Law No 9 of 2016 (the Corporate Bankruptcy Law). The Amendment Law follows the previous amendment of the Corporate Bankruptcy Law in 2019 (pursuant to Federal Law No 23 of 2019). The UAE Cabinet has now confirmed
Based on the role of Middle East Alliance Legal Consultancy office; in enlightening its clients in regards with all the latest legislations in various economic sectors. We have developed a comprehensive book for all legislation related to the industrial investment in the Emirate of Abu Dhabi. Either the legislations issued
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The new law changes Article 32 of Federal Law No. 8 of 1980 on labour relations – Federal Law No. 6 of 2020 Equal pay for men and women in the private sector The United Arab Emirates has always been a champion of gender equality, the UAE has made great strides over
Industrial licensing under Resolution no. 16 of 2020 concerning the regulation of economic activities practicing in the Emirate of Abu Dhabi On 24 June 2020, H.E. Mohammed Ali Al Hammadi Chairman of Abu Dhabi Department of Economic Development issued resolution no. 145 of 2020 concerning the regulation of economic activities practicing
A Certificate of Origin Declaration of Origin (often abbreviated to C/O or CO or DOO) is a document widely used in international trade transactions which attests that the product listed therein has met certain criteria to be considered as originating in a particular country. A certificate of origin/declaration of origin
The UAE issued Insolvency Law No. 19 of 2019 on 29 August 2019. The Law has come into force since 29th day of November 2019. Here a question arises that What is the difference between the Insolvency Law and Bankruptcy Law? The Insolvency Law only applies to natural persons and the estate
The UAE Cabinet approved a new Federal Law on Sunday to regulate cases of insolvency. this law will be implemented /enforced from January 2020. This new law protects the debtors from: -Legal prosecution-Cease the financial obligations-Opportunities to work in a proper workable atmosphere This law will assist debtors managing their financial issues with
Dubai developers no longer allowed to collect service charges from property owners New Law comes into effect removing developers from setting charges or collecting funds This forms one of the key changes of the Common Properties Law, No. 6 of 2019, which comes into effect on Tuesday (November 19). -The collected funds will
Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, announced the launch of a family protection decree to tackle domestic violence while chairing a meeting of the UAE Cabinet on Monday. Sheikh Mohammed said the strategy would support authorities in their efforts to safeguard all sections of society. The UAE Cabinet
Recent changes demonstrate the GCC’s priority to improve its existing employment and immigration frameworks, in a bid to appeal to laborer’s, employers and even non-residents. In this alert, we highlight the latest employment and immigration developments across the GCC. United Arab Emirates (UAE)The Emirate of Dubai has officially launched its first-ever
The Chairman of the Department of Health in the Emirate of Abu Dhabi, Abdullah bin Mohammed Al Hamed, issued Resolution No. (37) of 2019 on the regulation of health information and advertising. Article 2 of the decision, which was published in the latest issue of the official gazette of the Emirate
New Residency Requirements for Authorised Signatories of ADGM Entities -Under Commercial Licensing Regulations 2015 (Conditions of Licence and Branch Registration) Rules 2019, each ADGM entity is now required to have at least one (1) authorised signatory who holds a valid UAE residency visa. -This requirement applies to existing ADGM entities as well
Decree no. 27 of 2019 was issued by the Ruler of Dubai on 4 September 2019, in respect of the reduction and exemption from certain fees and penalties in the Emirate of Dubai (the “New Decree”). The New Decree was published in the Official Gazette on 24 September 2019. In Emirate
The Data Protection Law prescribes rules and regulations regarding the collection, handling, disclosure and use of personal data in the DIFC, the rights of individuals to whom the personal data relates and the power of the Commissioner of Data Protection in performing their duties in respect of matters related to
DIFC Wills and Probate Registry new Rules which were released on 25th June 2019 , has cam in to effect from 29th August 2019. There are two major changes to the Rules: -Non-Muslims can include all their worldwide assets in the DIFC Will. -Testators who wish to register DIFC Wills only for their
-The joint property has been finally gazetted on 19th Sep 2019 law No (6) of 2019 is regulating the joint ownership of real estate in the emirates of Dubai. This law is about the management of mega building projects. Joint Property Law will come in effect on 18 November 2019. -All
The UAE gives top priority to children’s care and development. At the federal level, Ministry of Interior and Ministry of Community Development undertake protection of children. Social Care and Minors Affairs Foundation in Abu Dhabi and Awqaf and Minors Affairs Foundation in Dubai support the federal entities in ensuring the well-being
The move comes as a bid to enhance the emirate’s commercial competitiveness Abu Dhabi: Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Abu Dhabi Judicial Department, has issued a decision to establish a specialized court dealing with commercial law cases, under the
