Saudi Arabia’s 2020 fiscal budget highlights the authorities’ aim to meet their balanced budget target by 2020 in a phased manner and with lesser impact on economic growth.

DIFC Law No. 1 of 2020 and Leasing Regulations (“Leasing Law”) has recently been issued by the Dubai International Financial Centre (“DIFC”), to come into force on 14 January 2020.

Hilton announced the opening of three hotels at Al Seef – the bustling waterfront destination by Meraas, along the shore of Dubai Creek, in Dubai, under three of its brands.

Federal Law No. 24 of 2019 (the “Amendment Law”) has been issued and published in the official gazette and came into force on 15 September 2019. The Amendment Law seeks to amend certain provisions of Federal Law No. 20 of 2016 on Mortgage of Movable Property to Secure Debt (as amended by the Amendment Law, the “Movables Laws”).

Celebrating its thirtieth birthday, this year’s Dubai Airshow – held from 17-21 November at the Aviation Exhibition Centre at Al Maktoum International Airport (DWC) – hosted 1,288 exhibitors and 161 aircraft in the static. The inaugural edition in 1989 featured 200 exhibitors and 25 aircraft on display.

Q1 2020 MENA Outlook Extended Outline MENA-India: Strategically driven, historically bound

UAE removed for EU blacklist after issuing Economic Substance Rules

The Greek government is preparing to showcase the country’s success as an emerging center for innovation and entrepreneurialism at next year’s c in Dubai, underscoring ongoing efforts to reposition Greece and change the way the country is perceived internationally.

In a recent decision (hearing of 22 May 2019), the Dubai Court of Appeal applied the Federal Law No. 6 of 2018 Concerning Arbitration (the ‘Federal Arbitration Law’) in order to resolve a ‘conflicts of jurisdiction’ issue with respect to deciding which is the competent authority to rule on interim and conservatory measures in the event the parties to a dispute have a valid arbitration agreement.

The pharmaceutical industry is one of the largest and fastest-growing business segments in the world. Its importance and influence are expected to maintain growth; having reached a worth of $934.8 billion in 2017, the estimated global revenue is expected to be $1170 billion by 2021.