Saudi Arabia’s cabinet approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 percent of retail and wholesale businesses, the official SPA news agency last month. The 2.5 percent annual tax...
The National Assembly of Kuwait passed the new public tenders law which governs the awarding of public projects worth billions of dinars every year. The new public tenders law, which was described as historic as the...
A law governing the Qatar Financial Centre (QFC), aimed at simplifying procedures for foreign investors, will hopefully be introduced by year end, an official said last month as reported by Reuters. The draft QFC law aims to...
Tunisia officially began the publication of documents on all oil agreements signed in Tunisia, minister of energy and mining, Mongi Marzouk announced, noting that these agreements number 82, including 29 permits and 53 operating benefits governed...
Hogan Lovells has entered into an association with Indonesian law firm, Dewi Negara Fachri & Partners (DNFP) as of June 1, 2016. Hogan Lovells has also recruited a new corporate partner in Singapore – Noor Meurling...
The Family Business Council-Gulf has released The GCC Family Business Governance code, the region’s first bilingual governance guide for GCC family businesses. The code addresses a wide range of family business governance areas, it covers five...
RICS marked 40 years of providing Alternative Dispute Resolution services to the global built environment last month with a celebratory dinner for MENA stakeholders at The Ritz-Carlton in DIFC. With dispute practitioners and representatives of dispute...
The chief executive and senior registrar of the DIFC Courts, Mark Beer, OBE, was today named President-elect of the International Association for Court Administration (IACA), where he will work to raise the standards of justice systems...
The Centre has obtained preliminary approval to open an office in DIFC, to facilitate the implementation of arbitrators’ provisions. Dubai International Arbitration Centre (DIAC), a Dubai Chamber of Commerce and Industry (DCCI) initiative, announced that it...
The changes include the appointment of a new deputy chief justice, the addition of a new international judge to the bench, and expanded roles for the Courts’ Emirati judges. The DIFC Courts has announced a major...
