DIFC is creating a hub for global and regional family-owned businesses, UHNWIs and private wealth Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, on Monday announced the launch of the first Global Family Business and Private Wealth Centre (Centre) in the region and worldwide. DIFC is the first…
As published in Gulf Newsby WAM Public Prosecution warns against receiving benefits for publishing illegal content Abu Dhabi: The UAE Public Prosecution has highlighted, through a video published on its social media accounts, the penalties for receiving payments in exchange for publishing illegal content or false data. The Public Prosecution on Friday explained that, according to Article 55 of the…
Client’s Testimonial12 May 2022 Webinar – Effectively Managing Assets in the UAE “We would like to share our appreciation to Cynthia Trench from Trench & Associates DMCC Legal Consultants for conducting a workshop for our employees on ‘Effective Management of Assets in the UAE’. Based on the feedback from our staff, it was extremely relevant and useful. Interactive and engaging…
As published in Khaleej TimesBy Web Desk They will also be sentenced to prison for a maximum of two years The UAE Public Prosecution has announced a minimum fine of Dh250,000 and a maximum penalty of Dh500,000 for threatening or blackmailing someone online. Violators will also be sentenced to prison for a maximum of two years. In a post shared…
As published in Khaleejby A Staff Reporter All cases and claims filed after the decree comes into effect will be referred to specialised courts His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, has issued a decree to dissolve the tribunal related to the financial settlement of Dubai World and its subsidiaries. The tribunal…
As published in Gulf NewsBy Dinesh Kanabar UAE Ministry of Finance releases consultation document for businesses’ feedback The UAE Ministry of Finance (MoF) has released a public consultation document inviting comments from stakeholders on the proposed legislation. A progressive step by the Ministry, which provides an opportunity for businesses to play a key role in formulating the UAE Corporate Tax…
Sheikh Hamdan of Dubai issues new resolution on arbitrators for marital disputes: The motion applies to cases related to separation on grounds of detriment and breach outlined in Federal Law on the Personal Status Law Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has issued an Executive Council…
UAE Cabinet approves Executive Regulations of Federal Decree-Law on Entry and Residence of Foreigners: The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners aimed at strengthening the UAE’s position as an ideal destination…
Inheritance court established in Dubai: Sheikh Maktoum issues decision on special court to look into inheritance cases Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Dubai Judicial Council, has launched a special inheritance court within Dubai Courts dedicated to handling inheritance cases. The new court…
The pandemic has substantially impacted the way in which we all work and where we carry out our work. Consequently, remote working has led to issues arising in connection with: 1. Flexibility around working models and work locations; 2. Employer’s requirement for oversight into workforce performance; and 3. Employees right to privacy. To read more, please click the link below:…
