Category: Legal Updates

January 4th, 2024
Legal Updates

WHAT TO EXPECT FROM THE NEW EGYPTIAN CONSTRUCTION VIOLATIONS CONCILIATION AND REGULARISATION LAW

Introduction: A reading into Law no. 187 of 2023 promulgating the Construction Violations Reconciliation and Regularisation Law (the “New Law”) issued by the President of the Arab Republic of Egypt on 17 December 2023, reflects...

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December 20th, 2023
Announcements

New Egyptian Construction Violations Reconciliation and Regularisation Law

On 17 December 2023, the President of the Arab Republic of Egypt issued Law no. 187 of 2023 promulgating the Construction Violations Reconciliation and Regularisation Law (the “Law”), in an effort to effectively conclude the...

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December 18th, 2023
Legal Updates

The Central Bank Digital Currency Regulations in UAE

The United Arab Emirates (“UAE”) has recently taken a bold step towards the digitalization of its monetary system by amending its Central Bank Law No. (14) of 2018 to include the Central Bank Digital Currency...

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December 14th, 2023
Legal Updates

The Evolution of Trust Law in the UAE: Federal Decree No. 31 of 2023

INTRODUCTION Trusts are legal arrangements that allow a person (the “settlor”) to transfer property to another person (the “trustee”) for the benefit of a third person (the “beneficiary”) or for a specific purpose. Trusts are...

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December 11th, 2023
Legal Updates

Overview of the new Competition Legal Regime in the UAE

Unveiling the UAE’s New Competition Law No. 36 of 2023 The United Arab Emirates (UAE) stands poised at the threshold of a significant milestone in its economic landscape with the introduction of a groundbreaking new...

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December 6th, 2023
Legal Updates

Issuance of Executive Regulations for Law No. 118 of 2023: Establishing Companies for Residential Development and Economic Growth

Minister Falih Al-Raqibah has announced the release of executive regulations for Law No. 118 of 2023, published on August 27, 2023, focusing on the establishment of companies for city and residential development. The regulations, outlined...

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December 5th, 2023
Legal Updates

UAE Labor Law Update – End of Service New Scheme

The UAE Cabinet has recently issued Decree No. 96 of 2023, introducing a new framework to regulate the alternative End of Service (EoS) payment scheme. This decree applies to both employees and employers in the...

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December 1st, 2023
Legal Updates

Another Step Towards Attracting Foreign Investments in the Kingdom of Saudi Arabia: the Council of Ministers has approved the accession of the Kingdom of Saudi Arabia to Madrid Protocol for International Trademark Registration

On November 28, 2023, the Council of Ministers of the Kingdom of Saudi Arabia approved the Kingdom’s accession to the Madrid Protocol for international trademark registration. This step aims at simplifying and enhancing the process...

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November 30th, 2023
Legal Updates

GAC Releases Version 4 of Merger Review Guidelines

In a significant move to ensure the intended implementation of Royal Decree No(M75) of 1440H (the “Competition Law”) and Resolution No 337 of 25/1/1441H (“Executive Regulations”), the Kingdom of Saudi Arabia’s (“KSA”) General Authority for...

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