As promised. the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Decree Law No. 19 of 2018) (‘Decree’) permitting 100% foreign ownership by global investors in the UAE.

A new Decree by Federal Decree-Law No. 17/2018 was issued to amend some of the provisions of the Criminal Procedures Law, Federal Law No. 35/1992 (CPL). There were changes and new additions comprising together around 54 articles in the CPL.

Regulations Governing Recognition of Income from Controlled Foreign Companies for the Profit-seeking Enterprises and Regulations Governing Calculation of Income from Controlled Foreign Companies for Individuals.

CGA Monthly Bulletin - Chinese New Year Edition (Jan - Feb 2019)

Global flows of illicit financing are a universal affliction and continue to vex authorities and law enforcement agencies across the world as insidious threats present persistent risks to the world’s financial system.

Fiscal consolidation as well as the need for infrastructure development and improvement in healthcare and education across MENA means that PPP schemes are becoming more popular. MENA’s new regulatory landscapes such as Dubai's 2015 law demonstrate commitment to PPP and to meeting the demand for improved infrastructure and public services for its rapidly increasing population.

The Ministry of Justice (MOJ) announced the draft Whistleblower Protection Act (Act) for consultation of public opinions on 23 November 2018.

CGA Monthly Bulletin - Dec 2018

Since its commencement in 2008, the DIFC-LCIA Arbitration Centre (‘DIFC-LCIA’) has set itself up to be a leading arbitral institution in the GCC, and the Middle East more generally.

As the pressure increases on Middle Eastern countries’ governments to control and reduce public spending on healthcare services, the door is firmly open to the private sector to invest on a bigger scale than ever before.