Category: Legal Updates
Another Step Towards Regulating Digital Trading by the Issuance of the Federal Law No.14 of 2023
“E-Commerce and Digital Trading” have been considered hot topics during the past decade. With the development of technology and evolvement of artificial intelligence, additional adjustments are introduced to the trading sector. With the issuance of...
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Egypt’s Latest Developments in Anti-Money Laundry Regulations
Similar to many jurisdictions, Egypt has been proactively taking measures to combat money laundering and terrorist financing. In furtherance of the ongoing efforts to combat money laundering, the Prime Minister has recently issued Decree No....
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A New Amendment That Enhances the Individuals’ Employment Disputes Resolution Mechanisms in the UAE Labor Law
A recent amendment to Article 54 of the United Arab Emirates’ Labor Law No. 33 of 2021 (“UAE Labor Law”) has significantly altered the method of resolving individual employment disputes before the Ministry of Human...
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The Saudi General Authority for Competition Issues Additional Financial Thresholds in an Effort to Narrow the Scope of Application
Introduction The Board of Directors of the Saudi General Authority for Competition (“GAC”), in its latest meeting no. 84 dated 23 October 2023, announced new requirements for an economic concentration’s eligibility for notification before the...
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Egypt Enacts Egyptian Nationality Exemption for Importers Register
Egypt has passed Law No. 173 of 2023 (“Recent Law”), introducing a significant exemption from the first paragraph of (Secondly (5)) of Article 2 of Law No. 121 of 1982 regarding the Egyptian national requirement...
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New Amendment to Federal Arbitration Law in UAE
With recent developments in arbitration regimes globally and in the MENA region specifically, UAE joins the masses and enacts a new law that amends certain provisions of the Federal Arbitration Law No. (6) of 2018...
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Merger control regime in UAE – Briefing of the UAE Merger Control Chambers guide
Four pieces of legislation should be read together to understand the framework of antitrust and merger control in the UAE. This legislation significantly interlinks to display the bigger picture for complying with the antitrust and...
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Implications of an Undocumented Employment Contract
INTRODUCTION Evidence of an employer-employee relationship is of paramount importance particularly in cases when it is terminated. A court judgment issued by North Cairo Court of First Instance No. 1278 of 2019 (“Court Judgment”) is...
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Egypt Approves Double Taxation Avoidance Agreement with Qatar
Egypt – In a significant move for international economic cooperation, President Abdel Fattah El Sisi has issued Decree No. 254 of 2023, officially approving a Double Taxation Avoidance Agreement (DTAA) with Qatar. The agreement focuses...
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