01/04/2020

Ministerial Resolution on Expatriate Workforce-related Downsizing Measures – An Analysis of Ministerial Resolution No. 279 of 2020

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 workforce in light of the economic effects of the Covid-19 crisis. This article provides an analysis of the Resolution.

30/03/2020

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

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 will review existing contracts to cut costs due to the steep slide in oil prices. This article deals with the legal implications of such cost cuts, and strategic consideration direct and indirect suppliers should undertake.

16/03/2020

Coronavirus Outbreak – Employment Law related Challenges in the United Arab Emirates

Download Article By: Marcel Trost The effects of the Coronavirus, also known as 2019-nCoV and most recently renamed as COVID-19, has profoundly impacted businesses globally. This has also resulted in employers considering measures to ensure a safe and secure premise for its employees as well as keeping the business afloat in these times of uncertainty. […]

16/03/2020

Repercussions of Coronavirus Outbreak on Businesses in the United Arab Emirates – Impact on Imports from China

Download Article By: Dr. Constantin Frank-Fahle, LL.M. The effects of the Coronavirus, also known as 2019-nCoV and most recently renamed as COVID-19, has profoundly impacted businesses globally. The virus outbreak has a critical impact on domestic and international trade, capital flows, and tourism. This client alert gives an overview of COVID-19, its effect on businesses, […]

24/10/2019

Setting Up a Company in the UAE

Download article as a PDF By: Suraya Turk The investment environment within the UAE has witnessed significant changes over the past year with progressive legal and administrative frameworks available to all incoming investors. There are 7 Emirates and 45 free zones, all of which offer a variety of options to foreign investors who wish to […]

23/10/2019

Debt Collection in the UAE

Download article as a PDF A debt is a financial obligation upon a person or an organization against a received service, product, or any other liability that has a value to money. Missing a committed payment, a bounced cheque, not returning loans and unpaid medical or other service bills are will all trigger defaulter status […]

03/10/2019

The New Law and It’s Effect on Management Entities

Law No. (6) of 2019 concerning joint ownership was introduced on 4th September 2019 to consolidate all information pertaining to land ownership of jointly owned real estate units and land owned by developers in strata buildings. The law comes into effect on 18th November 2019, and provides all stakeholders six months, till 18th of May 2020 to comply with the new provisions.

03/10/2019

The New JOP Law and its Effect on Developers

Download article as a PDF New JOP Register Per Article 4, a new register shall be established by the DLD for jointly owned properties which shall contain the following: Land plots owned by the developers, on which the common properties shall be constructed; units allocated for independent ownership in the common property sold by the […]

03/10/2019

The New JOP Law and Its Effect on Owners Associations

Law No. (6) of 2019 concerning joint ownership was introduced on 4th September 2019 to consolidate all information pertaining to land ownership of jointly owned real estate units and land owned by developers in strata buildings. The law comes into effect on 18 November 2019, and provides all stakeholders six months, till 18th of May 2020 to comply with the new provisions.