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The pervasive nature of COVID-19 means that organisations globally and in the Middle East are facing a similar struggle: navigating both the short-term and long-term business implications of the pandemic. Whether managing the immediate crisis, stabilizing your operations or evolving your business model, it is critical for your organization to navigate the various regulatory developments and changes that vary by country and consider the risks and opportunities that may impact your business.Baker McKenzie is pleased…

A recent judgment by the Rental Dispute Settlement Centre (RDC) of the Dubai Land Department has upheld that the dismissal of an employee (also the tenant and Plaintiff in this case) from his job qualifies as an “Exceptional Circumstances” event and therefore, justifies the termination of his lease contact with his landlord (the Defendant). The RDC confirmed in its judgment that a lease contract may be terminated in two cases, either by applying the principle…

Against the backdrop of continued business and societal disruption caused by the COVID-19 pandemic, M&A activity in the Middle East still showcased some stability in the first quarter of 2020, increasing in value by over USD 5 billion and in volume by 6 additional deals in comparison to Q4 2019, according to the latest report by global law firm Baker McKenzie*. “It is evident that the current global situation has caused a slow down…

As the 2019 Novel Coronavirus (COVID-19) continues to spread across the world, governments are actively working with global and local health authorities to implement nationwide measures to help curb transmission and mitigate virus-related risks as well as offer relief for businesses and individuals in these challenging times. In response, businesses and government institutions across the UAE are taking necessary action to minimise the impact of the pandemic on their operations, workforce and supply chains, in…