Introduction Last Friday marked a significant development as the Financial Action Task Force (FATF) dropped UAE from its ‘gray list’. Initially added to the list in March 2022, this move prompted the UAE to undertake rigorous regulatory improvements. Following its onsite assessments, FATF released its June 2023 Enhanced Follow Up Report which reevaluated identified deficiencies. …
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 …
Law No. (12) of 2023 On Regulation of Real Estate Development in Ras Al Khaimah Read More »
Rental disputes in the United Arab Emirates (UAE) are not uncommon, given the dynamic and rapidly growing real estate market in the region. According to Statista’s report, the residential real estate lease market in the UAE has shown steady growth in recent years. This growth is attributed to the increasing population and a shift in …
The successful hosting of the 28th meeting of the Conference of the Parties (COP) to the UNFCCC by the United Arab Emirates (UAE) represents a pivotal moment in the global effort against climate change. With nearly 200 parties and 85,000 participants in Dubai, the conference demonstrated strong global unity, yielding comprehensive and representative outcomes in …
Global Unity in Action: Key Takeaways from COP28 Read More »
Cabinet Decision No. 66 of 2023, addressing the Executive Regulation of Federal Law No. 15 of 2020 on Consumer Protection, officially took effect on October 14, 2023 (Executive Regulation). The Ministry of Economy is responsible for regulating commodities and services within the country. To safeguard consumers from fraud and harm, it has introduced standards for …
Know Your Rights: Updates to the UAE Consumer Protection Law Read More »
Nestled on the northernmost tip of the United Arab Emirates, Ras Al Khaimah (RAK) is making significant strides towards a sustainable future. This emirate, often overshadowed by its glitzy neighbors, has embarked on an inspiring journey to balance economic growth, responsible real estate development, and environmental preservation. This effort aligns with RAK Vision 2030 with …
When it comes to the United Arab Emirates (UAE), you may find yourself wondering, “Is the UAE a safe country?” The public’s diverse views of the Emirates are often influenced by hearsay, cultural stereotypes, and exposure to media coverage, and among the subjects that commonly come to mind is the matter of safety. However, what …
As the digital revolution continues to shape industries across the globe, the legal profession is not immune to its transformative powers. Artificial Intelligence (AI), once thought of as science fiction, is now significantly changing the field of law. In the United Arab Emirates (UAE), a nation known for its progressive outlook, AI’s influence on the …
Tech Meets Law: How AI is Reshaping the UAE’s Legal Landscape Read More »
The UAE’s tourism industry is a powerhouse, drawing in millions of visitors each year. From the iconic cityscape of Dubai to the cultural treasures of Abu Dhabi and the pristine beaches of Ras Al Khaimah, the country offers an array of attractions that cater to a diverse range of travelers. Meeting various traveler preferences, the …
In the realm of global business, understanding cultural nuances is just as important as smart decisions. This holds especially true in the United Arab Emirates (UAE), where tradition blends with modernity. As the UAE attracts businesses worldwide, knowing basic business etiquette is key. This article offers eight simple tips to help you navigate successful business …