Middle East & International News

Middle East & International News

Hawkamah: regional insolvency laws need updating

A more transparent legal framework to deal with insolvencies and corporate bankruptcies – defining the rights of both debtors and creditors – are important to attract both foreign investments and foster domestic entrepreneurship in the region,...

UAE steps towards more flexible company law

THE UAE federal government has approved a new proposed corporate law, which aims to give greater flexibility to those setting up companies, and strengthen corporate governance of joint stock companies. The new legislation lays down a...

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