Investment opportunities accelerate in Dubai with the enactment of a P3 law

Investment opportunities accelerate in Dubai with the enactment of a P3 law

Public private partnership in Dubai is on the move. With big plans for major construction projects, such as exhibit halls in advance of the Dubai Expo 2020, as well as traditional infrastructure projects that support economic development, generally, the Dubai Public Private Partnership Law enacted on 19 November 2015 is a welcome piece of legislation […]

US places export restrictions on China’s ZTE Corp: Lessons to learn

US places export restrictions on China’s ZTE Corp: Lessons to learn

By: Xingjian Zhao and Arti Sangar  Earlier this month the United States government imposed some of its toughest trade restrictions yet on ZTE Corp, China’s second-largest smartphone and telecom equipment maker. These sanctions, authorities say, stem from evidence that ZTE violated U.S. controls on exporting American technology to Iran and other countries. According to a U.S. […]

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

Posted on Oct 19, 2015 in Emirates-Middle East, UAE Law and Business
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

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

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

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 […]