As part of Baker McKenzie’s BakerWomen Middle East* programme of events, we are pleased to invite our female in-house legal and business executives to the first in a series of roundtable discussions in Dubai focusing on the latest developments impacting investments and operations in the Middle East & North Africa (MENA).
The Dubai International Financial Centre Authority has enacted a new IP law aimed at fostering innovation and improving the protection and enforcement of IP rights. On 21 November 2019, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, enacted a new Intellectual Property Law (Law No. 4 of 2019, the DIFC IP Law).
Following the announcement made by the UAE in May 2018 regarding plans to boost foreign investment and attract investors into the country, the UAE has recently issued Cabinet Resolution No. 56 of 2018 (the Resolution), which regulates the residence permits for investors, entrepreneurs and specialized talents.
We are pleased that many of you were able to attend Baker McKenzie’s recent seminar in Dubai in January 2019, focusing on how companies in the Middle East can manage the key issues faced when integrating and transforming a business. We hope you found the session interesting and informative.
End of Service Gratuity (EOSG) rules have been long established in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) and seem, at least on the face of it, straightforward. On termination of employment, employees in the UAE and the KSA are entitled to receive an EOSG provided that certain qualifying conditions are fulfilled.