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UAE’s Updated Commercial Agency Law: Key Changes and Implications for Foreign Principals

In 2023, the UAE revised its Commercial Agency Law (Federal Law No. 3 of 2022) to attract foreign investment and support its vision of becoming a global business hub. This new law, which came into effect on June 15, 2023, replaced Federal Law No. 18 of 1981 and seeks to modernize the regulatory framework by …

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Overview of the ADGM Employment Regulations 2024

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Regulations 2019 and the Employment Regulations 2019 (Compensation Awards and Limits) Rules 2019, which will be repealed once the …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

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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RAK ICC Introduces Free Zone Commercial Licenses

In a landmark move to enhance business opportunities, the Ras Al Khaimah International Corporate Centre (RAK ICC) has announced new developments under the 2024 Emiri Decree. These changes are set to empower International Business Companies (IBCs) by providing expanded operational capabilities within the Ras Al Khaimah Economic Zone (RAKEZ). RAK ICC has been authorized to …

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What’s Coming to the UAE in 2025: New Regulations and Updates

Introduction As the UAE approaches 2025, it stands ready to embrace a series of transformative regulations and initiatives designed to reshape various sectors. Here, we present the top five key updates, which include new traffic regulations, Emiratisation targets, improved healthcare access in the Northern Emirates, anticipated increases in rental prices and property value in Dubai, …

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Commercial Gaming in the UAE: Key Highlights

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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Advantages of Establishing Your Startup in the UAE

The United Arab Emirates (UAE) has emerged as a hotspot for entrepreneurial ventures, characterized by a thriving startup ecosystem that has garnered attention on the global stage. The nation’s forward-thinking vision, robust government support, and strategic initiatives have fueled an environment ripe for innovation and investment, making it an attractive destination for startups. According to …

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