The UAE has treaties with several countries for judicial co-operation and the mutual recognition and enforcement of judgments. These include Tunisia, the GCC countries, Algeria, France, Jordan, Egypt, Syria, Armenia, China, Sudan and Pakistan. On October...
The Dubai Financial Services Authority (DFSA) has announced that it had been accepted as a signatory to the IOSCO Enhanced Multilateral Memorandum of Understanding (Enhanced MMoU). The DFSA is the independent regulator of Financial Services in...
The DIFC has signed individual memorandums of understanding (MoU) with two leading institutions to fuel the region’s insurance sector by upskilling talent as well as promoting efficiency and improvement. MoUs were signed with Lloyd’s, the world’s...
Winston & Strawn LLP announced that the firm is restructuring its Middle East operations to meet its clients’ evolving legal needs and increased demand for cross-border services spanning the Middle East, London and the United States....
Legal and regulatory concerns around implementing new technology are holding back real estate businesses from driving innovation in the sector, according to a new report by global legal business, DWF. Almost half (45 per cent) of...
Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has announced a set of new rules and regulations which came into effect from January 2,...
Partners at Hogan Lovells have voted to confirm current Asia Pacific and Middle East regional chief executive Miguel Zaldivar as their new global CEO from July 1, 2020. Current head of the Litigation Arbitration and Employment...
The Dubai Financial Services Authority (DFSA) is launching a Cyber Threat Intelligence Platform (Platform) to help firms in the Dubai International Financial Centre (DIFC) implement appropriate safeguards to mitigate against cyber risks. The Platform is a...
The Saudi Arabian Monetary Agency (SAMA) has prohibited combining insurance and reinsurance brokerage activities in the same company, effective immediately, it said in a statement last month. The agency said it had taken the decision to...
The Dubai International Financial Centre (DIFC) Courts has signed a cooperation agreement with the Dubai Future Foundation (DFF) to launch the world’s first Court Tech Lab. In exploring how judicial systems can be strengthened through technology,...
