Middle East & International News

Middle East & International News

UAE Federal Government Establishes IP Court Circuit

The UAE Minister for Justice announced this month (Ministerial Resolution No. 137 for 2016) that the UAE will be setting-up dedicated court circuits to handle Intellectual Property Rights disputes according to a statement released by IP...

Central Bank of UAE and ADGM sign MoU

The Central Bank of the UAE and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding on February 4, 2016 to formalise a framework to enable ongoing cooperation on...

Law Firm Highlights – March 2016

A quick round-up of what’s new at regional and international law firms – CMS opens an office in Tehran, Clyde & Co’s IP expansion and new lead partner  for Shipping & International Trade, Simmons & Simmons...

DIFC-LCIA’s new director and registrar

Following the announcement by the LCIA and the DIFC Dispute Resolution Authority (DRA) of the completion of the restructuring of the DIFC-LCIA Arbitration Centre, Mohamed ElGhatit has been appointed as Director & Registrar of the Centre....

Sanctions lifted

Implementation Day has happened.UK, European and all non-US international businesses generally are now able, at least in principle, to re-engage with Iran. Subject to certain exceptions, US persons continue to be prohibited from doing business with...

Law Firm Highlights March 2016

·        King & Wood Mallesons’ (KWM) chief operating officer (COO) for Europe and Middle East, Rachel Reid, has exited the firm to join Taylor Wessing, The Lawyer reported. The news came days after the resignation of...

News from the Courts

·        The DIFC Wills and Probate Registry (the Registry) has registered a total of 650 wills this past year, showing the positive response the initiative has received in Dubai. Launched in May 2015, the Registry provides...

Du head of legal appointed onto ACC’s global board

Anneliese Reinhold, the general counsel and senior vice president – legal & regulatory affairs of Du, has been appointed as a member of the Board of Directors of the Association of Corporate Counsel (ACC). The ACC...

Iraq jumpstarts its labour legislation

The Iraqi summer is notorious for imposing scorching heat. With record temperatures topping 50 degrees Celsius in August 2015, thousands of Iraqis took to the streets to direct their frustrations at the central government for abysmal...

Law firm highlights

·        Al Tamimi & Company has led the first Rights Issue on the Dubai Financial Market (DFM). The Rights Issue, launched by DFM-listed Takaful Emarat, the Shari’ah-compliant life and health insurer, was 36.51 per cent oversubscribed,...

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