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  • Annual Investment Meeting 2022

    Content Types: EventRegions & Countries: United Arab EmiratesServices: Investment Promotion
    The Annual Investment Meeting (AIM) announces AIM 2022 to enhance the attraction of foreign investments in the vital and promising sectors in light of the new global trends.
  • REDmoney Seminars Presents 'LIBOR Transition for Financial Institutions'

    Content Types: EventRegions & Countries: United Arab EmiratesUnited Kingdom...Industries: Banking & Finance
    In July 2017, the UK’s Financial Conduct Authority (FCA) announced that LIBOR was coming to an end. Banks will be required to transition away from LIBOR to Alternative Reference Rates (ARRs) based on overnight wholesale deposit rates from the end of 2021. Without any doubt, this transition is one of the largest upheavals of the financial markets in living memory.
  • Legal Update: Law no. 11 of 2021 In respect of the Real Estate Register in the Emirate of Ras Al Khaimah: What you need to know

    Content Types: ArticleRegions & Countries: United Arab EmiratesIndustries: Real Estate & ConstructionServices: Legal
    On 21 September 2021, H.H the Ruler of the Emirate of Ras Al Khaimah issued Law No. (11) of 2021 in respect of the real estate register in the Emirate of Ras Al Khaimah (the Real Estate Register Law) which came into effect on the date of its publication in the official gazette. This update provides a summary of the key provisions of the Real Estate Register Law and will be of interest to those operating in the real estate and financial sectors...
  • Legal Update: DWTC Family Office Regime Now in Effect

    Content Types: ArticleRegions & Countries: United Arab EmiratesServices: LegalRisk Assessment...
    As part of its Free Zone Rules and Company Regulations, the Dubai World Trade Centre (“DWTC”) has introduced Single Family Office (“DWTC SFO”) and Multi Family Office (“DWTC MFO”) Regulations and Licensing Schemes (“Regime”), designed for families to manage their global private wealth portfolios.
  • Monochrome by Centil Law: Soft and tender

    Content Types: ArticleRegions & Countries: United Arab EmiratesIran...Industries: Banking & FinancePower/Utilities...
    Actions speak louder than words and this week in Central Asia, lots of actions, some decisive, some more soft and tender were taken across the board.
  • Termination of contract; and Limits on Liability

    Content Types: EventRegions & Countries: United Arab EmiratesIndustries: Real Estate & ConstructionInfrastructureServices: Legal
    After a small break for the summer, our construction webinar series is back!
  • Non IG Insurance Companies / Protection & Indemnity Clubs are not allowed to obtain Bunker Convention Certificate in UAE anymore

    Content Types: ArticleRegions & Countries: United Arab EmiratesIndustries: ShippingServices: Legal
    On 08 April 2021 the Federal Maritime Authority of United Arab Emirates (FMA) issued ‘Circular No. (04) Of 2021’ notifying ship owners, Manager, operators, UAE port authority, Classification societies, shipping Agents in the UAE and IG of P&I that effective from 23rd of June 2021 , all UAE flagged ships including oil tankers over 1,000 gross tonnage is required to obtain the Bunker Convention Certificate from FMA. The FMA will issue the...
  • Pandemic accelerates digital push

    Content Types: ArticleRegions & Countries: United Arab EmiratesBahrain...Industries: Banking & FinanceMedical & Health...
    The COVID-19 pandemic has catalysed diversification throughout the GCC on an unprecedented scale. This is an extremely welcome development. Indeed, COVID-19 has exposed the region’s digital laggards, prompting governments to place digitalisation at the core of their national strategies as a means of survival.
  • Legal Update: ADGM Courts’ Notary Public and Wills Office

    Content Types: ArticleRegions & Countries: United Arab EmiratesServices: Legal
    Are you an employee of ADGM or ADGM registered entities? Would you like to protect the well-being of those you care for most?
  • Legal Update: ADGM Issues New Data Protection Rules on Fees and Fines

    Content Types: ArticleRegions & Countries: United Arab EmiratesIndustries: Information TechnologyServices: Legal
    The ADGM has published two new rules supplementing the Data Protection Regulations of 2021 (“DPR 2021”): (i) Data Protection Regulations (“Fees”) Rules 2021 (“Fees Rules”); and (ii) Data Protection Regulations (“Fines”) Rules 2021 (“Fines Rules”) on 25 July 2021.

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