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.

For matters that an authorization of the government is required, any person without the authorization entering into an agreement with a foreign government or its agent shall be subject to an imprisonment of not less than five (5) years, detention, and/or a fine of not more than NTD 500,000; those who cause any injury to the citizen of the Republic of China shall be subject to life imprisonment or imprisonment for not less than seven (7) years.

On 24 May 2019, the Legislative Yuan passed the third reading of the amendment to Communicable Disease Control Act.

Amendment to Article 251: In addition to food, agricultural products or other industrial or agricultural necessities, one who stocks up the living necessities designated by the Executive Yuan with the intention to inflate the price and refrains such objects from selling to the market without justifiable reasons shall be sentenced to imprisonment for no more than 3 years.

On July 5, 2019, Italy and Hong Kong signed an agreement to mark the establishment of a bilateral Working Holiday Scheme (WHS).

Panama, July 3, 2018. For the sixth consecutive year, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the Pro Bono program that the firm executes.

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.

Ahmad Hamad Al Gosaibi and Brothers (AHAB), a large diversified family owned Saudi business group, recently filed for financial restructuring under Chapter 4 of Saudi Arabia’s new Bankruptcy Law.

Euromoney Conferences’ annual Greater Mekong Investment Forum on the 27th June in Bangkok will explore the latest global and regional economic developments, bringing together an audience of over 600 corporate and financial specialists to unravel where the opportunities lie and where the challenges exist for the future in the GMS exist.