UAE, U.S. Sign Intergovernmental Agreement On FATCA

UAE, U.S. Sign Intergovernmental Agreement On FATCA

United States taxpayers using foreign accounts in the United Arab Emirates may see more rigorous enforcement of the Foreign Account Tax Compliance Act, or FATCA, in the UAE, as obligations for UAE financial institutions have been ramped up under a new intergovernmental FATCA Agreement between the U.S. and the UAE, signed on June 17, 2015, […]

UAE sees sharp increase in consumer demand for drones

UAE sees sharp increase in consumer demand for drones

Drones In The UAE | Legal Concerns By Arti Sangar and Brant Hadaway —Drones, technically known as unmanned aerial systems or UAS, are fast becoming the must-have gadget for technophiles and hobbyists, offering a relatively inexpensive thrill from something that can be ordered online and delivered to their door in a few days. In the United […]

What the DIFC Wills & Probate Registry means for Dubai Expatriates

Posted on Jul 22, 2015 in UAE Law and Business | No Comments

During the last two decades, a sizeable chunk of the expatriate population has relocated to Dubai for both employment and investment opportunities. Undoubtedly, many have made significant economic gains in terms of purchasing luxury houses and other assets, and in some instances, setting up business empires for their successors’ benefit. However, until recently, Dubai did […]

Diaz Reus Successful in Fighting Back Jurisdictional Application in Indian Bank Lawsuit in the DIFC

DIFC Court Claims Jurisdiction in Indian Bank Lawsuit For Immediate Release. DUBAI, Nov. 3, 2014 – In a judgment issued on October 30, 2014 by the Dubai International Financial Centre (DIFC) Court of First Instance, the court confirmed its jurisdiction over a lawsuit by an expatriate investor, resident in Dubai, United Arab Emirates, against the […]

UAE, Mexico | Treaties present business opportunities, legal risks.

Posted on Mar 18, 2014 in UAE Law and Business | No Comments

Mexico is the second largest economy in Latin America, while the United Arab Emirates (UAE) is the second largest economy on the Gulf peninsula. Mexico and the UAE share common attributes, two of which are a dry climate and a strategic location for business trade. In the past several years, both countries have increased their […]

Qatari Firm Buys Miami Hotel: Key Considerations For Hotel Acquisitions

Posted on Mar 3, 2014 in Emirates-U.S.A, UAE Law and Business | No Comments

St. Regis Bal Harbour, a luxury high-rise hotel and condominium residences, sits majestically on the edge of the Atlantic oceanfront in the desirable county of Miami-Dade, Florida. Just two years after its grand opening, the luxury hotel—which is estimated to have cost $1 billion to develop—under the Starwood Resorts & Hotels flag was sold to […]

Middle East Investment in Latin America: Key Legal Issues

Posted on Feb 13, 2014 in UAE Law and Business | No Comments

Latin America offers vast opportunities for Middle East investors looking to expand their presence in the region. As a result, Middle East investors are increasingly looking to Latin America for both yield and diversification. For example, in 2009, Abu Dhabi Investment Authority undertook construction of two towers in Rio de Janeiro and the United Arab […]

What you need to know about IP laws in the GCC

Posted on Dec 5, 2013 in UAE Law and Business | No Comments

Protecting and monitoring intellectual property (IP) is challenging almost anywhere in the world, but it is particularly challenging within the Gulf Cooperation Council (GCC) countries. Currently, a patchwork of laws attempts to address technological advances and the differing needs of producers, owners and users of intellectual property. Yet, despite a host of IP laws in […]