UAE to Introduce New Bankruptcy Law
Posted: September 5, 2016 | Under: News Local

A long pending bankruptcy law may be finalized by the UAE by the end of this year; the economy minister said on Wednesday 31st of August, a move that could benefit smaller companies in particular as the economy slows because of low oil prices. The ...... read more

Illegal charity drive banned by UAE charity law
Posted: August 28, 2016 | Under: News Local

Scott Richards, a British-Australian national, was released on Tuesday 23rd August from Muraqqabat Police Station after three weeks in custody. He was accused of using a website to promote fundraising for refugee camps in Afghanistan without permission from the Department of Islamic Affairs and Charitable ...... read more

New Bahraini Law allows 100% foreign ownership
Posted: August 8, 2016 | Under: News International

On 18th July, Prime Minister of Bahrain, Prince Khalifa Al Khalifa, has approved an amendment to the existing Companies Law allowing foreign investors to acquire full business ownership. The Government of Bahrain has stated that the new law will “spur growth, generate rewarding jobs for ...... read more

A ban on smoking in all public places by the end of 2016
Posted: July 13, 2016 | Under: News Local

Dr. Wedad Al Maidour, a member of the Committee and the Head of Tobacco Control Programme at the Ministry of Health and Prevention recently revealed that the UAE, a signatory of the Framework Convention on Tobacco Control, is being pushed by the World Health Organization ...... read more

New deadline for compliance with UAE Law on Commercial Companies
Posted: June 20, 2016 | Under: News Local

The UAE Cabinet has postponed the deadline for compliance with Federal Law No.2 of 2015 on Commercial Companies. Initially, commercial companies were expected to comply with the new requirements before 30 June 2016. Companies that did not amend their Memorandum and Articles of Association by ...... read more

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