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 […]

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, […]

The Rising Trend Of Public Private Partnerships In The Middle East

 Governments in the Middle East are in the process of rapidly developing their physical and social infrastructures to provide necessary services to their citizens. In this regard, a public private partnership (PPP) can be a viable option to construct or develop a wide range of these infrastructure projects, including highways, power plants, bridges, pipelines, ports, […]

DIFC Special Purpose Companies Grow in Popularity

Dubai International Financial Centre (DIFC) recently hosted its first Knowledge Series event for 2012, highlighting the benefits of a Special Purpose Company (SPC) and its role in enabling structured finance transactions. An SPC can be easily structured and incorporated in the DIFC, while enjoying certain exemptions from a number of tedious requirements.  One of the […]

Dubai Economic Growth Expected to Slow

Posted on Mar 15, 2012 in UAE Economy, UAE Investment and Finance

The United Arab Emirates’ economic growth is expected to slow to 2.3% this year, from an estimated 4.9% in 2011, due to limited potential for further increasing oil production amid an uncertain global economic environment, according to the International Monetary Fund. The IMF also noted that in the event of a worsening of world economic […]

Company Merger Regime In The UAE | Real Estate Mergers Expected To Increase in 2012

The real estate sector of the United Arab Emirates (UAE) expects to see a number of significant mergers and business consolidations this year. Why? The UAE real estate market is still struggling to recover after real estate prices slumped in 2008 and it is expected that mergers between real estate developers would be needed to […]

Banks in UAE Sharply Boost Provisions in December

UAE banks appear to be stepping up a drive to build up bad debt provisions four years after the 2008 global fiscal distress, allocating nearly Dh2.1 billion in December, the highest monthly average in 2011. Due to massive lending in the real estate sector, banks in the UAE are extremely sensitive to downturns in the […]