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UAE’s Strategies to Attract and Retain Global Talent

For its global talent competitiveness, UAE has achieved international distinction and ranked 22nd on Insead’s Global Talent Competitiveness Index 2023 emerging as the highest-ranking Arab country that has ever been. It is fourth in the world in terms of attracting talent and second in external openness. Moreover, UAE’s citizens have benefited from extensive growth opportunities, also earning …

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Enhancing Intellectual Property Rights in the UAE

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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Ras al Khaimah Rising: Latest Developments Revealed

Ras Al Khaimah (RAK), the northernmost emirate of the UAE, is making significant progress and achieving groundbreaking milestones that are reshaping its landscape and boosting its global status. Unlike its more famous neighbors, Dubai and Abu Dhabi, known for their skyscrapers, luxury shopping, and vibrant nightlife, RAK is establishing itself as a leader in sustainable …

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Anti-discrimination Laws for the UAE’s labor sector

Overview The United Arab Emirates (UAE) has established a comprehensive legal framework to combat employment discrimination and harassment, fostering a work environment that prioritizes tolerance, equality, and protection of workers. The primary legislation addressing this issue is the UAE Labor Law, Federal Decree-Law No. (33) of 2021 Regarding the Regulation of Employment Relationships and its amendments. …

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Key Provisions on the New Financial Restructuring and Bankruptcy Law

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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The New UAE E-commerce Law

Introduction The Ministry of Economy in the United Arab Emirates (UAE) has issued Federal Decree-Law No. 14 of 2023 on Commerce through Modern Means of Technology (e-commerce). Tradeling predicts that the e-commerce market in the UAE will witness substantial growth, generating an estimated $17.2 billion in revenue by 2027. The sector is expected to experience a consistent annual growth …

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Law No. (12) of 2023 On Regulation of Real Estate Development in Ras Al Khaimah

I. Introduction On August 21, 2023, Law No. (12) of 2023 was enacted by the Ruler of Ras Al Khaimah, establishing the criteria and responsibilities governing real estate development within the Emirate. In this comprehensive guide, we will provide you with insights into Law No. (12) of 2023 and the key provisions that are essential knowledge for …

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