Rita ‏ Kaufmann

Overview of the ADGM Employment Regulations 2024

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The Abu Dhabi Global Market (ADGM) Registration Authority has introduced the Employment Regulations 2024 (“New Employment Regulations“) to provide clearer guidance on the rights and responsibilities of both employers and employees. These New Regulations will supersede the Employment Regulations 2019 and the Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019, which will be repealed once the …

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The Rise of the UAE Gaming Sector: A Booming Market

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Introduction The UAE’s gaming industry is witnessing unprecedented  growth, reflecting global trends and asserting its position as a regional hub for gamers, developers and investors. With market revenues surpassing USD 1 billion (2023), the country’s gaming sector is thriving, fueled by cutting-edge technological advancements, robust government initiatives, and a youthful, tech-savvy population.. This article delves …

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Commercial Gaming in the UAE: Key Highlights

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I. Introduction The UAE’s economic potential is pushing boundaries as it moves closer to fully opening its doors to commercial gaming. The country is known for its rapid economic growth, and integrating gaming into its economy could offer new avenues for development and diversification. The catalyst for the UAE’s move towards the eventual approval of …

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Enhancing Intellectual Property Rights in the UAE

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In an effort to fortify innovation and safeguard intellectual property (IP) rights, the Ministry of Economy of the United Arab Emirates (UAE) has recently introduced a range of initiatives aimed at improving the country’s IP and innovation ecosystem. In 2023, the Ministry of Economy saw a notable surge in patent activity, with 3,415 patent applications …

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Key Provisions on the New Financial Restructuring and Bankruptcy Law

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On October 31, 2023, the United Arab Emirates (UAE) approved Federal Decree-Law No. 51 of 2023 concerning Financial Restructuring and Bankruptcy, thereby replacing Federal Decree-Law No. 9 of 2016 on Bankruptcy. It applies to companies governed by the provisions of the Commercial Companies Law, any individual operating as a trader, and licensed civil companies of a professional …

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Investing in Real Estate in the UAE: What you need to know before making a move

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Purchasing property in the United Arab Emirates is a great way to invest in the country’s real estate market, whether you’re looking to buy, rent, or develop a property. With a number of opportunities available in both the residential and commercial sectors, there is something to suit every need and budget. The UAE has a …

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