In brief As the Dubai real estate market continues to break pre-pandemic transaction records, a new real estate law has been introduced to further support the growth of property investment funds in Dubai. With the issuance of Decree No. 22 of 2022 (the Property Investment Funds Law), a new register (the Register of Property Investment Funds) has been established at the Dubai Land Department (the DLD) which entitles registered funds certain rights to facilitate their…
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Recent
Increasing the number of UAE nationals in the private sector has long been a key objective for the…
In brief The UAE Ministry of Finance (“MoF”) announced on 28 April 2022 a public consultation on the…
In brief The recently issued Rules of the Dubai International Arbitration Centre (the “New DIAC Rules“) have come…
On 31 March 2022, the Ministry of Commerce published for consultation a draft Consumer Protection Law (“Draft Law”)…
A recent judgment by the Dubai Courts in favor of a major real estate developer has shed light…
In brief Following the issuance of Decree No. 34 of 2021 which abolished the DIFC-LCIA Arbitration Centre, the…