End of Service Gratuity, Proposed Changes to DIFC Employment Law, Unemployment Insurance and More In brief There have been a raft of developments to the UAE’s employment regime over the last few months as the UAE government ramps up initiatives to attract and retain talent in the country. We have set out below a summary of the legal and commercial updates and key considerations for employers to comply with the changes and minimize potential business…
In brief The recent issue of the Kingdom of Saudi Arabia’s (KSA) official gazette published in early June 2023 includes the Resolution No. 1321/1444 of 6 June 2023 (“Resolution”) issued by KSA’s Minister of Finance. The resolution adopts: The Resolution follows the liberalization of the dispute resolution regime in KSA, specifically allowing for broader use of arbitration in government contracts. General Framework The adoption by the KSA of the new Government Tenders and Procurement Law…
On 15 September 2023, several amendments to the Implementing Regulations to the Income Tax Law (the “IRTL”) and the Implementing Regulations for the Collecting of Zakat were published in the official Saudi Gazette (Umm Al Qura). The amendments came pursuant to the Minister of Finance Resolution No. (25) dated 08/01/1445H. Key observations The amendments to the RITL reflect the proposed changes published in May 2023 for public consultation. The amendments are as follows: In addition,…
The law addresses for the first time the processing of personal data via autonomous and semi-autonomous systems In brief On 7 September 2023, the Dubai International Financial Centre (DIFC) enacted amendments to Data Protection Law No. 5 of 2020 (“DIFC Data Protection Law”) which came into force starting on 1 September 2023. These amendments were preceded by a 30-day public consultation launched by the DIFC in April 2023. The amendments are aimed at enhancing the…
On 3 September 2023, Ministerial Resolution No. 3568, dated 07/01/1445H (corresponding to 25 July 2023), which was issued by the Minister of the Ministry of Human Resources and Social Development (MHRSD) regarding the disclosure of training data, has come into effect. The Resolution provides that entities that employ 50 or more employees must annually declare training data on their Qiwa portal in accordance with the Resolution’s accompanying Procedural Guide. The Guide states that an entity…