Review of the UAE Federal Law no. (41) of 2022 in respect of the Civil Personal Status Law
Review of the UAE Federal Law no. (41) of 2022 in respect of the Civil Personal Status Law On October 3, 2022, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, may God protect him, issued Federal Decree Law No. (41) of 2022 regarding Civil Personal Status, and below, we, […]
Transfer of Debt according to the UAE Civil Transactions Law
The assignment of debt is a diverse matter of interest, both practically and legally; hence, the Emirati legislator has allocated articles dedicated to assignment in the Civil Transactions Law, which shall be discuss in this blog and shed light on from multiple angles. Whereas Article 1106 of the UAE Civil Transactions Law defines that […]
Thoughts on the Digital Currencies (Crypto)
Thoughts on the Digital Currencies (Crypto) Talking about Digital currency has become increasingly popular in many countries and societies recently, not only amongst the business and economic men, but also between different society categorises as it is thought to be a rapid way to wealthiness. To cover all aspects of that subject, either […]
MOHRE To Launch Unemployment Insurance Scheme in 2023
MOHRE To Launch Unemployment Insurance Scheme in 2023 On 15 September 2022 the UAE government issued a Federal Degree Law No. 13 of 2022 concerning Unemployment Insurance (“the Law”), which came into force on 29 September 2022 and applied to all workers (UAE National and Expats) in the private sector and the Federal government sector in […]
Client update – extraterritorial reach of u.s. banking laws rules and regulations to uae banks
As a courtesy to our friends and clients, we are pleased to provide you with this analysis, discussing the extraterritorial reach of U.S. laws, rules and regulations upon UAE banks, as well as an analysis of the duties and obligations required of UAE banks to comply with U.S. anti-money laundering laws. In drafting this Client […]
