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Blog

The Advantages of Real Estate Arbitration in UAE

2017-04-24

Two important institutions, Dubai’s RERA (Real Estate Regulatory Agency) and the DIAC (Dubai International Arbitration Centre) together with the legal community have encouraged companies to solve their disputes over real estate contracts through arbitration. The main argument is that this form of resolution is a much more effective and expeditious way to reach an agreement between the parties. Our law firm in Dubai provides legal services such as assistance in an arbitration process.

New Economic Opportunities in Trade Relations between UAE and India

2017-04-02

Mutual relations between UAE and India are in a very positive trend. The signing of 14 agreements at the beginning of this year is a clear sign that the two economies have in plan a long term relationship. The cooperation is planned for maritime transport as well as for the collaborative use of common storage facilities. The collaboration between the two nations relies as well on up to 58 billion $ commercial trade annually.

A Promising Start for the Real Estate Market in Abu Dhabi in 2017

2017-04-02
The real estate domain is a promising and fast evolving business sector in the UAE. The growing interest in the property acquisition is also doubled by a supportive policy from the Emirates authorities. Abu Dhabi Urban Planning Council (UPC) facilitates the commercialization of real estate also through the organization of sale events which are expected to lead to a significant growth of the market this year. If you operate in the real estate area it is recomendable to consider as well an investment in the Emirates.
 

UAE Signs Oil Agreement for Strategic Storage

2017-04-01
An important agreement regarding oil storage has been signed between Indian Strategic Petroleum Reserves Ltd and Abu Dhabi National Oil Company. This move represents as well a way of strengthening the ties between these two nations in view of future cooperation and economic partnership.
 

UAE Launches a Program for Fast Settling of Trade Disputes

2017-04-01

Elaborated by the DED (Department of Economic Development), the buyer protection program launched by the UAE is an important tool for protecting the traders who import goods from the Emirates. This is also a powerful instrument for increasing the efficiency and the dimensions of the import-export activity between UAE and other nations. 

UAE ranks 3rd in the top of long term infrastructure investments

2017-03-01

In 2016, UAE was one of the most successful spots for investments in infrastructure. Along with the public funds used in infrastructure, UAE is orienting now more and more to alternatives of private investments, in order to counterbalance eventual barriers of development that can be caused by short term fluctuations, such as security issues, currency devaluations or variations in commodity prices.

Huge Growth Potential for the Insurance Sector in the UAE

2017-02-28
In 2016, UAE has been one of the most attractive places for investments in the insurance sector. The UAE continues to leave room for foreign investment in this sector, with an insurance market made up of less than 40 local companies and less than 30 foreign branches operating in this industry. The insurance sector has been doubling its profits in the last four years and has proven a medium annual growth of 13.8%. 

Advantageous Amendments to the Visa System in the UAE

2017-02-28
After the Cabinet meeting chaired by the Vice-President and Prime Minister of the UAE, the Emirates have adopted a new visa system. Previously, all those who wanted to apply for a visa in this country had to register to the General Directorate of Residency and Foreigners Affairs (GDRFA) offices.
 

E-commerce Sector to Thrive in the Next Years in UAE

2017-02-18
The UAE population didn’t seem so much interested in the e-commerce before 2013. Only 9% of the persons interviewed were admitting to have been shopping online, at least once, over one year. However things are rapidly changing and almost half of the shoppers use now online assistance before actually buying a product. 

New Investments in the UAE Renewable Energy Sector

2017-02-18
A more and more present global concern, the transition to alternative energy is making progresses in the UAE through international cooperation. One of the main investment advisors in renewable energy has opened an office in Dubai at the end of 2016 giving investors strong reasons to diversify their portfolios in the renewable technology sector.

The UAE Insolvency Law and its Potential to Change the Business Dynamics

2016-12-03

The UAE Bankruptcy Law has the potential to improve the credit dynamics in the region and offer guidance for the implementation of updated insolvency regimes in other countries in the area. Experts believe that the changes brought to the existing laws will provide more options for corporate restructuring. A solid legislative system will also translate into an improved investors’ confidence in the UAE. Our lawyers in Dubai can offer more information about the most important provisions concerning bankruptcy and insolvency in the Emirates.

Dubai Authorities Plan to Attract One Million Tourists by 2020

2016-10-31

Dubai aims to become an even more attractive tourism destination through a better promotion of cruise ship tourism. The planned growth for the 2016/2017 season is as high as 18 percent, compared to other years. The cruise ship sector in Dubai has grown since 2014 after the multiple entry visa scheme was implemented in the UAE. This was beneficial for many foreign investors in Dubai and the rest of the emirates, especially for those from India or China.

A Bankruptcy Law Could be Beneficial for Non-Oil Businesses in Dubai

2016-10-24
Businesses in Dubai that are facing financial hurdles could be helped by a revised bankruptcy law. A draft document containing new provisions for the bankruptcy measures implemented in Dubai has recently passed the first stage of approval and is awaiting a presidential decree. Investors in Dubai who are targeting non-oil business fields will be the ones to benefit most if the changes are implemented.

Terminating an Employment Contract in Dubai in its Mid-Term

2016-10-21

Employees in Dubai are bound by the employment contract to respect the terms from resigning from the job. Failure to observe the mandatory notice period or the improper contract termination on part of the employee have consequences for the individual. Companies in Dubai will usually have an HR department that handles these types of cases. Those in need of legal assistance for employment issues can request the services of a law firm in Dubai.

Tourism and Travel Growth in Dubai in the Third Quarter of 2016

2016-10-19

The non-oil economy in Dubai has been showing signs of growth, with one of the most significant sectors being tourism. The third quarter of 2016 was the most profitable for non-oil economic activities, and it was also a time when travel bookings grew. Investors in Dubai who are interested in starting a business in a non-oil business sector can open a company in one of the Free Zones with the help of our lawyers in Dubai.

Dubai, one of the Best Financial Centres in the World

2016-09-29

Dubai was ranked fourth among the tip financial centres in the world in a recent top put together by consulting company Arcadis. The criteria for the evaluation was mainly based on the overall business climate in the cities – Dubai managing to score well in several sub-categories, proving that it remains a city that is attractive to foreign investors.

How to Make an Online Property Will in Dubai

2016-09-15

Residents in Dubai, as well as non-residents, have a new option to pass on property they own through an online will. This document will be drafted online, especially for real estate owned in Dubai and will easy the process of creating a will and handling the necessary procedures to pass on owned property. Our Dubai lawyers can help you draft any wills, including this new type of property will.

How to obtain compensations after a personal injury

2016-09-08

People from all around the world may get involved in personal injury cases in their residence country or abroad and they need to know how to act in such cases in order to be safe and to obtain certain compensations they are entitled to. Most common personal injuries appear after vehicle accidents, slip and fall, medical malpractice, dog bites etc.

Dubai Ranking Higher in the Global Innovation Index

2016-08-23

Dubai received the first place among all of the Arab countries analyzed for the 2016 Global Innovation Index. The city managed to improve its position due to its efforts to sustain fields like information technology, communications, and infrastructure but also through a series of measures meant to improve the local market. The United Arab Emirates owes its success to its effort to promote innovation and foreign investments.

Real Estate, One of the Most Resilient Industries in Dubai

2016-08-17

The real estate sector remains one of the most productive industries in Dubai, according to data released by the Dubai Land Department. The first six months of 2016 brought a significant increase in revenue to real estate developers in the Emirate, as transactions reached a total of 113 billion Dirhams. Our lawyers in Dubai can guide you through the property purchase procedure.

Dubai, an interesting wedding destination

2016-08-17

Most people think of Dubai as one of the most famous and luxurious cities in the world, where they would like to go for a vacation that will be spent on the beach, sightseeing or shopping. But this city is also an interesting wedding destination.

How to Resolve Contractual Disputes in Dubai

2016-08-11

Because of the numerous business opportunities and also because of the business-friendly environment, foreign investors are continuously attracted to Dubai but still cautious about the unfamiliar legal system. 

New Regulations on Capital Market in Dubai

2016-08-09

In the era of rapid change and evolution, Dubai is the perfect example for constantly emerging markets, aspect that is more than attractive to foreign investors. 

Number of Business Licenses Released in Dubai Is Rising

2016-08-08

The second quarter of 2016 brought a significant increase in the number of business licenses released by the Department of Economic Development (DED) in Dubai. According to the statistics issued by the Trade Register, over 100,000 business licenses were released by the end of June, 2016. Our lawyers in Dubai can help foreign investors apply for the relevant business permit.

Legal Assistance for Mergers&Acquisitions in Dubai

2016-08-05

Due to the sophisticated procedures of mergers and acquisitions, it's vital to have experienced and professional advice by your side when it comes to managing a buying/selling company. The mergers and acquisitions market in Dubai is one of the most important in the Middle East and local companies are interested developing their businesses abroad. 

 

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