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On 4 May 2022, the Central Bank of UAE (CBUAE) raised the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 points. This decision was influenced after the U.S. Federal Reserve raised its target rate by 50 points in the face of inflation.
On 4 May 2022, the Central Bank of UAE (CBUAE) raised the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 points. This decision was influenced after the U.S. Federal Reserve raised its target rate by 50 points in the face of inflation.
A landmark ruling by Dubai Courts deciding that floating villas are real estate properties and not ships in terms of the UAE Maritime Code.
A landmark ruling by Dubai Courts deciding that floating villas are real estate properties and not ships in terms of the UAE Maritime Code.
Following a civil claim over the owership of a trade mark, The Cassation court issued a verdict the following: In order to protect a trade mark in the UAE, the trademark must either be registered at the Ministry of Economy and Commerce, or used in commerce in the UAE market.
Following a civil claim over the owership of a trade mark, The Cassation court issued a verdict the following: In order to protect a trade mark in the UAE, the trademark must either be registered at the Ministry of Economy and Commerce, or used in commerce in the UAE market.
The UAE has always been an attractive hub for business owners from all over the world due to its tax-free commerce status. The government is now focusing on new beginnings and has set new rules to help local and small businesses thrive.
The UAE has always been an attractive hub for business owners from all over the world due to its tax-free commerce status. The government is now focusing on new beginnings and has set new rules to help local and small businesses thrive.
Check out this game-changing package which benefits investors in terms of paying the fees for their business setup on an ongoing monthly basis. Potential investors are required to sign a lease contract and move their operations into the free zone before the end of January 2022 to avail the offer!
Check out this game-changing package which benefits investors in terms of paying the fees for their business setup on an ongoing monthly basis. Potential investors are required to sign a lease contract and move their operations into the free zone before the end of January 2022 to avail the offer!
Ever get one of those annoying calls and wish you never picked up in the first place? Now you don't have to worry about answering unwanted calls thanks to a new initiative by the UAE Government.
Ever get one of those annoying calls and wish you never picked up in the first place? Now you don't have to worry about answering unwanted calls thanks to a new initiative by the UAE Government.
UAE Federal Decree Law No. 34 of 2021 on Combating Cybercrimes, which came into effect on 2 January 2022, brings several noteworthy changes that residents in the UAE need to be aware of.
UAE Federal Decree Law No. 34 of 2021 on Combating Cybercrimes, which came into effect on 2 January 2022, brings several noteworthy changes that residents in the UAE need to be aware of.
Although consensual relationships between unmarried couples have been decriminalized in the UAE, the new law provides that if a complaint is raised by a guardian, husband or wife of either of the parties in the relationship, unmarried couples can face six months in jail.
Although consensual relationships between unmarried couples have been decriminalized in the UAE, the new law provides that if a complaint is raised by a guardian, husband or wife of either of the parties in the relationship, unmarried couples can face six months in jail.
An electronic notary public system was introduced in the amended law, where regular Notary Public duties will be performed automatically through e-Notary services.
An electronic notary public system was introduced in the amended law, where regular Notary Public duties will be performed automatically through e-Notary services.
DIFC Arbitration Institute (DAI), was abolished last month through Decree No. 34 of 2021.
DIFC Arbitration Institute (DAI), was abolished last month through Decree No. 34 of 2021.
On delivery of the apartment, Plaintiff noticed that the size of the apartment is less by 8.4%, the garden by 33.25% and the terrace by 32% of the agreed areas in the SPA.
On delivery of the apartment, Plaintiff noticed that the size of the apartment is less by 8.4%, the garden by 33.25% and the terrace by 32% of the agreed areas in the SPA.
Motei & Associates was instructed by the Respondent in recent legal proceedings between two parties (details for which must remain confidential) before the Dubai Courts in relation to the ratification of an arbitral award issued by the Dubai International Arbitration Centre (DIAC).
Motei & Associates was instructed by the Respondent in recent legal proceedings between two parties (details for which must remain confidential) before the Dubai Courts in relation to the ratification of an arbitral award issued by the Dubai International Arbitration Centre (DIAC).
A recent judgment issued by the Dubai courts has confirmed a property investor’s right to refrain from making any further due installments to a developer who is in breach of his contractual obligations.
A recent judgment issued by the Dubai courts has confirmed a property investor’s right to refrain from making any further due installments to a developer who is in breach of his contractual obligations.
In a landmark ruling, time limits to file an arbitration case are not deemed as a binding condition precedent.
In a landmark ruling, time limits to file an arbitration case are not deemed as a binding condition precedent.
Motei & Associates were instructed to represent a 12-years old child (Claimant) against a car racing organizer (Defendant) in Dubai in relation to personal injuries caused by Defendant’s negligence.
Motei & Associates were instructed to represent a 12-years old child (Claimant) against a car racing organizer (Defendant) in Dubai in relation to personal injuries caused by Defendant’s negligence.
Dubai Expo 2020 Dubai official participants can claim VAT Refund
Dubai Expo 2020 Dubai official participants can claim VAT Refund
A new milestone for UAE as it continues the rail project connecting the seven emirates to the five neighboring Gulf nations.
A new milestone for UAE as it continues the rail project connecting the seven emirates to the five neighboring Gulf nations.
The UAE Penal Code emphasizes on the importance of reporting any criminal activity to the relevant authorities.
The UAE Penal Code emphasizes on the importance of reporting any criminal activity to the relevant authorities.
The first citizens to be immunized within the US would probably be first in line for boosters too.
The first citizens to be immunized within the US would probably be first in line for boosters too.
The MoU marks the establishment of cooperation mechanisms in anti-money laundering and countering terrorist financing.
The MoU marks the establishment of cooperation mechanisms in anti-money laundering and countering terrorist financing.
“Designing a world-class destination of this scale will set new levels of efficiency and urban sustainability and we are confident that our partners, in delivering the Burj 2020 District and Tower, will create a new address for the global business community of the future, right here in Dubai.”
“Designing a world-class destination of this scale will set new levels of efficiency and urban sustainability and we are confident that our partners, in delivering the Burj 2020 District and Tower, will create a new address for the global business community of the future, right here in Dubai.”
In a continuing effort to reach the countries goal to become digital the UAE aims to have more than 80 per cent of litigation to take place remotely by the end of the year.
In a continuing effort to reach the countries goal to become digital the UAE aims to have more than 80 per cent of litigation to take place remotely by the end of the year.
Government and private companies continue to adopt remote working practices, why not the courts?
Government and private companies continue to adopt remote working practices, why not the courts?
A property is considered to be “lost” if the rightful owner has parted with it involuntarily or is ignorant of its location. It is a current issue that any attorney in Dubai is familiar with. The good news is, if you have lost property in the UAE, then there’s a great chance you’ll get it back.
A property is considered to be “lost” if the rightful owner has parted with it involuntarily or is ignorant of its location. It is a current issue that any attorney in Dubai is familiar with. The good news is, if you have lost property in the UAE, then there’s a great chance you’ll get it back.
Unlike the general power of attorney that authorizes lawyers in Dubai to act on behalf of the principal to process different transactions such as buying, selling, or managing real estate properties, a special power of attorney only grants the lawyers specific power to act on a certain situation.
Unlike the general power of attorney that authorizes lawyers in Dubai to act on behalf of the principal to process different transactions such as buying, selling, or managing real estate properties, a special power of attorney only grants the lawyers specific power to act on a certain situation.
