Middle East & International News

Middle East & International News

NRF COVID Resolve unveiled

Norton Rose Fulbright has launched NRF COVID Resolve, a new online legal framework and process for expedited dispute resolution. COVID-19 has made it difficult for many companies to perform some of their contractual obligations, giving rise...

Mantle Law launched in Abu Dhabi

A new legal services firm MANTLE LAW has launched in the Abu Dhabi this week, founded by one of the leading figures in construction and infrastructure disputes. Mat Heywood, formerly a partner within Clyde and Co’s...

Enhanced DIFC Data Protection Law Comes into effect

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region will implement the new Data Protection Law No. 5 of 2020 from 1 July 2020. The...

Key considerations for property insurance policies during COVID-19

According to a new report by Marsh, evaluating property insurance policies during the outbreak of COVID-19 will allow businesses to upscale their resilience and recovery opportunities; putting them ahead of their competitors post the current crisis....

ADGM makes changes to its Founding Law

Abu Dhabi Global Market announced amendments to its founding law, Abu Dhabi Law No. (4) of 2013 Concerning Abu Dhabi Global Market (Founding Law). The amendments reflect not only the alignment of ADGM’s framework and operations...

CBUAE, ADGM and DIFC issue a joint guidance on the application of IFRS9

The Central Bank of the UAE (CBUAE), the Financial Services Regulatory Authority (“FSRA”) of Abu Dhabi Global Market (“ADGM”) and the Dubai Financial Services Authority (“DFSA”) of Dubai International Financial Centre (“DIFC”), collectively the “Authorities”, have...

DFSA takes measures to support its financial community

The DFSA has announced a number of initiatives aimed to provide significant assistance and regulatory relief to the DIFC’s financial services community. These initiatives are designed to allow the DIFC community to focus on protecting the...

Obelisk report: Rethinking the in-house model

General counsel will need to rethink the way they organise their teams after the coronavirus crisis subsides to ensure they have a flexible and sustainable working culture, a report by Obelisk Support has warned. It says...

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