26/04/2020

Business Reopening in Abu Dhabi and Dubai – Complying with Federal, ...

On 22 April 2020, the Abu Dhabi Department of Economic Development (ADDED) and the Dubai Department of Economic Development (DDED) issued guidelines for business reopening. While the guidelines do not contain a date for the business reopening, they c...

15/04/2020

Corporate Structuring under the FDI Law – Key Consideration...

On 23 September 2018, Federal Decree-Law No.19 of 2018 on Foreign Direct Investment (FDI Law) was issued. Within a year of FDI Law’s issuance, the UAE Cabinet pre-approved the highly awaited “Positive List”....

12/04/2020

Approval of the Foreign Direct Investment Positive List – An Ana...

On 23 September 2018, Federal Decree-Law No.19 of 2018 on Foreign Direct Investment (FDI Law) was issued. Within a year of FDI Law’s issuance, the UAE Cabinet approved the highly awaited “Positive List”...

12/04/2020

Managing the Coronovirus-Crisis: Bankruptcy...

The outbreak of Coronavirus (COVID-19) has caused a massive impact on global supply chains, manufacturing and cross-border trade. Coupled with the travel restrictions and government lockdowns, businesses have been affected....

09/04/2020

Expansion and Revision of ADNOC‘s In-Country Value Programme...

The third version of the ICV formula (ICV 3.0) will take effect in May 2020. At the end of 2019, Abu Dhabi Ports and Aldar Properties had announced that they would follow the ICV programme. ...

06/04/2020

Managing the Corona Crisis – Contract Management in the United Arab ...

The Coronavirus, also known as the COVID-19 virus, has had a tremendous impact on the global economy. The pandemic significantly disrupted domestic and international trade, stock markets, and tourism. This article provides an overview of measures bus...

05/04/2020

Regulating Remote Work in the Private Sector in the UAE: An Analysis M...

Download Article By: Dr. Constantin Frank-Fahle, LL.M. The Ministry of Human Resources and Emiratisation (MOHRE) has issued the Ministerial Resolution No. 281 of 2020 (Resolution) on 29 March 2020. The Resolution regulates remote working in the priva...

01/04/2020

Ministerial Resolution on Expatriate Workforce-related Downsizing Meas...

The Ministry of Human Resources and Emiratisation (MOHRE) has issued the Ministerial Resolution No. 279 of 2020 (Resolution) on 26 March 2020. The Resolution regulates cost saving-measures that the private sector may take concerning its expatriate wo...

30/03/2020

Dealing with Cost Cuts in the Oil & Gas Industry – Legal &...

Following the decline in the oil price, Saudi Aramco announced on 15 March 2020 that the company would cut spending in the wake of the coronavirus outbreak. The Abu Dhabi National Oil Company (ADNOC) has notified contractors and suppliers that it wil...