The United Arab Emirates is actively expanding its economic landscape with the creation of new free zones designed to attract global investors and nurture a wide range of industries. With nearly 50 free zones spread across the country, the UAE continues to offer a diverse array of business activities and cost-effective setup packages. These free …
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 …
UAE’s Updated Commercial Agency Law: Key Changes and Implications for Foreign Principals Read More »
Non-Muslim foreigners living in the UAE are strongly encouraged to register their wills to protect their family and assets. A will represents a person’s final wishes for asset distribution upon their death and appoints an executor responsible for managing the estate until all assets are distributed. Historically, the UAE relied on Sharia Law to manage …
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, …
UAE’s Strategies to Attract and Retain Global Talent Read More »