The two centres have signed the MoU to advance arbitration and mediation services across the whole UAE maritime industry. The Abu Dhabi Global Market Arbitration Centre (ADGMAC) and Emirates Maritime Arbitration Centre (EMAC) have signed a...
In a recent judgment, the Court of Appeal, Dubai, upheld the decision of the Court of First Instance in allowing the claim of AED22 million with interest to the Charterer of the Vessel (“the Client”), for...
The Omani Government is considering a new Securities Law to help the securities market grow in the Sultanate. The draft is being reviewed by the Legal Affairs Ministry. It is expected to be approved and discussed...
Berkeley Assets has signed a contract with DLA Piper which places the global business law firm in charge of the company’s legal matters as it expands into new markets. The new agreement builds on an already...
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the sectors and economic activities eligible for up to 100 per cent foreign...
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued its regulatory framework for Digital Investment Managers (also known as ‘robo-advisors’), operating in ADGM. Digital Investment Managers provide investment management services using...
The firm has entered into an arrangement with Neural Vision Technologies (NVT), an AI company, to assist its Data Lab with the process. Clyde & Co has entered into an arrangement with Neural Vision Technologies (NVT),...
Changes have been made to the rules of wills registrations, which will now accommodate all resident and investor assets across the Emirates, as well as assets held outside the UAE. The DIFC Courts has announced changes...
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, enacted on May 30, 2019, a new DIFC Insolvency Law, Law No. 1...
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has enhanced its “Guidance for the Regulation of Crypto Asset Activities”. This is the second edition to the initial guidance published in June 2018....
