The UAE has amended legislation dealing with ship arrests. Parties looking to enforce maritime debts in the UAE are advised to take note of the new procedures, which are now effective.

In 2016, a Saudi national holding a PhD. in laboratory medicine filed an application with the Kuwaiti Medical Licensing Department for a license to open a private medical centre in Kuwait.

After years of deliberation the UAE Central Bank (the “CBUAE”) has issued the Corporate Governance Regulation (the “CGR”). The draft corporate governance guidelines were last updated in 2006 (the “Guidelines”). The CGR was published in the Official Gazette on 15 August 2019 and is now in effect.

Law No. (6) of 2019 Regulating the Joint Ownership of Real Estate in the Emirate of Dubai (“Joint Property Law”) has been gazetted on 19 September 2019.

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

For the past few decades, Panama has established public-private partnerships (“PPPs”) in projects as diverse as toll roads, water treatment plants, ports, telecommunications networks and the generation and distribution of electricity.

Further to our alert of 25 June 2019 on the economic substance regulations, which came into effect on 30 April 2019 pursuant to the Cabinet of Ministers Resolution No. 31 of 2019 (“Regulations”), and in light of the approaching enactment of the Ministry of Finance guidelines to the Regulations, it is important for businesses operating in the UAE to: consider the impact of the Regulations on their operations; and ensure compliance with the...

On 19 June 2019, the President announced an amendment to the Criminal Speedy Trial Act (Amendment). We summarize the key points below: (1) The cap on accumulated period of detention during the trial is shorten from 8 years to 5 five years, which will be enforced 1 year after the announcement of the Amendment.

Electronic Payment 1. Amendment to Rules Governing the Administration of Electronic Payment Business On 2 July 2019, the Financial Supervisory Commission (FSC) announced the amendment to the Rules Governing the Administration of Electronic Payment Business. We summarize the key points below: (1) To allow an electronic payment institution to provide the message conveyance services among users;

Guaranteeing the safety and wellbeing of children and young people is of paramount importance to every nation. The UAE Federal Law No. (3) of 2016 (the ‘Child Rights Law’) embodies this basic principle. Even though the Child Rights Law includes provisions that were already regulated by former existing UAE laws, it is still considered a major development in this area.