The Dubai Land Department (“DLD”) has announced the launch of a new initiative known as the 'Real Estate Lawyer', in partnership with Al Tamimi & Company.

Dubai Cares has announced a $1.5 million two-year tertiary education program in Africa.

In a very much positive and long awaited step, the UAE Ministry of Economy has just reduced the trademark registration fees. According to Ministerial Decree No. (51) of 2019 with respect to the fees of the Ministry’s Services (“Decree”), the reduction of the fees is mainly for the registration fees, which has been reduced up to 33% of the current registration fees (AED 6,700 instead of AED 10,000). The reduction does not affect the filing or the...

The DIFC has introduced a new Insolvency Law (Law No. 1 of 2019) as a means of enhancing and facilitating a more efficient and effective bankruptcy regime within the free zone. The new law was enacted on 30 May 2019 and came into force on 6 June 2019.

Following conflicting media reports about the UAE government’s long-term residence program, the General Directorate of Residency and Foreign Affairs has clarified in a press conference that the Golden Residency is actually a reference to the 10-year residence permit introduced in February 2019.

In August 2017, the Dubai Financial Services Authority (“DFSA”) became the first regulator in the GCC to launch a regulatory framework for loan and investment based crowdfunding platforms. The DFSA has again cemented its position at the forefront of the evolving financial regulatory landscape by announcing the expansion of its current crowdfunding regime to permit, from 1 July 2019, property investment crowdfunding platforms (“PICPs”).

The Lebanese film “Capernaum” is showing the Arab film industry the opportunities that lie in China. So far, it has grossed USD 53M at the Chinese box office, 73% of its USD 72M global take, making it the most commercially successful Arab film in history. There are lessons to be learnt from this success.

The Dubai government approved a new employment law that applies in the Dubai International Financial Center that is expected to go into effect on August 28, 2019.

On 6 September, 2016 Resolution No. 536 concerning the Regulations Relating to the Sale or Lease of off-plan Real Property Units was implemented by the Council of Ministers (‘Wafi Law’) along with a number of implementing regulations (‘Implementing Regulations’)

Abu Dhabi: Dana Gas on Tuesday has commenced drilling operations at its Merak-1 offshore well in Egypt.