Category: 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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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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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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A New Approach on Marketing of Medical Products as Per the New UAE Federal Medical Products, Pharmacy Profession and Pharmaceutical Establishments Law Amendments
On the 4th of September 2023, the UAE President issued Federal Decree Law no. 11 of 2023 (“Amendment”), amending certain provisions of Federal Law no. 8 of 2019 concerning Medical Products, Pharmacy Profession and Pharmaceutical...
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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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