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 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 […]

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 […]

New Competition Law In The UAE

In an effort to create a more business-friendly environment in the UAE, the government has drawn up a new “competition” law to be enacted in the near future. Complying with the new law poses some challenges for businesses despite its aim to protect businesses and consumers from anti-competitive behavior, stimulate effective competition, and deliver open, […]

Anti-Money Laundering: A Guide For UAE Companies

Posted on Jul 16, 2012 in Emirates-Middle East

Put simply, money laundering involves concealing the identity of illegally obtained money so that it appears to have come from a legal source. The UAE Central Bank has defined money laundering as “any transaction aimed at concealing or changing the identity of illegally obtained money, so that it appears to have originated from legitimate sources, […]

Project Financing In Iraq: Weighing Up The Risks

Posted on Jun 12, 2012 in Emirates-Middle East, UAE Law and Business

Iraq is open for business and investors are lining up. Major infrastructure projects are springing up all over Iraq, as the country is recovering from decades of war, sanctions, and domestic unrest. There is a dire need for an array of infrastructure investments – particularly, in the areas of healthcare, housing, power, water, manufacturing, transportation, […]