Benjamin Filaferro, Author at LexisNexis Middle East

Advocates Group Academy participates as a Bronze Sponsor of the Kuwait Business Law Forum Conference 2022 – 6th Edition!

15/11/202216/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that Advocates Group Academy will participate as a Bronze Sponsor at the Kuwait Business Law Forum Conference 2022 – 6th Edition held on 23 November 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Kuwait. It will be held in English and Arabic (simultaneous translation).

We hope you will join us for this unique and exclusive opportunity to meet existing and potential clients on 23 November 2022 in Kuwait City, Kuwait.

If you would like more information, you can click here.

News developments

Saudi Arabia: Institutions Permitted to Become Partners in Commercial Entities

15/11/202215/11/2022
by Benjamin Filaferro

Okaz, 14 November 2022: The Saudi Commercial Ministry has announced that institutions are allowed to enter as partners in companies of all kinds, with the aim of boosting growth in institutions’ investments and expanding company income.

The Ministry also indicated that companies will benefit from the experience of the institutions they enter into partnerships with.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

UAE: Employers Must Pay End-of-Service Rewards to Assistant Workers

15/11/202215/11/2022
by Benjamin Filaferro

Emaratalyoum, 13 November 2022: The UAE’s Human Resources and Emiratisation Ministry has confirmed that employers are required to pay end-of-year service rewards to assistant domestic workers at a rate of 14 days’ salary for each year of service.

The employee is entitled to the reward provided they have completed a year or more of service with their employer, and the sum will be paid once the contract or work relationship finishes.

The ministry also confirmed that the 19 professions within the scope of domestic service employment include sailor, guard, farmer, driver, and private trainer.

For the full story, click here.

To view more news items and other available content, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East trial lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

Saudi Arabia: Initiate Launched to Implement Saudisation in Freight Brokering Sector

15/11/202215/11/2022
by Benjamin Filaferro

Almadina, 13 November 2022: The Saudi Transport General Authority has launched a Saudization initiative to support Saudi nationals in finding jobs in the transport and freight brokering sectors in the Kingdom.

The initiative will offer applicants training programmes with experienced specialists.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

Kılınç Law & Consulting participates as a Bronze Sponsor of the Kuwait Business Law Forum Conference 2022 – 6th Edition!

15/11/202215/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that Kılınç Law & Consulting will participate as a Bronze Sponsor at the Kuwait Business Law Forum Conference 2022 – 6th Edition held on 23 November 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Kuwait. It will be held in English and Arabic (simultaneous translation).

We hope you will join us for this unique and exclusive opportunity to meet existing and potential clients on 23 November 2022 in Kuwait City, Kuwait.

If you would like more information, you can click here.

News developments

AlBaker & Associates Law Firm participates as a Silver Sponsor of the Kuwait Business Law Forum Conference 2022 – 6th Edition!

15/11/202215/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that AlBaker & Associates Law Firm will participate as a Silver Sponsor at the Kuwait Business Law Forum Conference 2022 – 6th Edition held on 23 November 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Kuwait. It will be held in English and Arabic (simultaneous translation).

We hope you will join us for this unique and exclusive opportunity to meet existing and potential clients on 23 November 2022 in Kuwait City, Kuwait.

If you would like more information, you can click here.

News developments

Alghanim Industries participates as a Gold Sponsor of the Kuwait Business Law Forum Conference 2022 – 6th Edition!

14/11/202215/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that Alghanim Industries will participate as a Gold Sponsor at the Kuwait Business Law Forum Conference 2022 – 6th Edition held on 23 November 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Kuwait. It will be held in English and Arabic (simultaneous translation).

We hope you will join us for this unique and exclusive opportunity to meet existing and potential clients on 23 November 2022 in Kuwait City, Kuwait.

If you would like more information, you can click here.

News developments

Meet our Partners for the Kuwait Business Law Forum Conference 2022 – 6th Edition!

14/11/202214/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that Al-Yaqout & Al-Fouzan Legal Group (LexisNexis Exclusive Law Firm Partner in Kuwait), the General Secretariat of The Supreme Council for Planning and Development, and the Kuwait Bar Association will once again partner with us at the Kuwait Business Law Forum Conference 2022 – 6^th Edition being held on 23 November 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Kuwait. It will be held in English and Arabic (simultaneous translation).

We hope you will join us for this unique and exclusive opportunity to meet existing and potential clients on 23 November 2022 in Kuwait City, Kuwait. For more information, click here.

News developments

UAE: ADGM – Consultation Paper on a Comprehensive Sustainable Finance Regulatory Framework

14/11/202214/11/2022
by Benjamin Filaferro

Analysis

The ADGM has published a Consultation Paper on a proposed comprehensive Sustainable Finance Regulatory Framework, covering rules on sustainability-orientated investment funds, managed portfolios and bonds, and a framework on environmental disclosures by ADGM companies.

Details

The aim is to enable accelerated growth of a sustainable finance ecosystem in the jurisdiction and support the UAE’s transition to net zero greenhouse gas emissions.

This proposed, comprehensive regulatory framework will build upon ADGM’s efforts to foster a vibrant and thriving sustainable finance hub within its jurisdiction. The proposed framework will establish minimum standards for a wide range of sustainability-orientated investment products and services to facilitate this. ADGM believes that setting such standards will help to nurture transparency and investor confidence in the green credentials of those products and services and advance ADGM’s drive to become a leading centre of sustainable finance.

The proposals encompass:

The region’s first regulatory framework for green investment funds to channel capital towards environmentally sustainable activities.
An innovative regulatory framework for climate transition investment funds to channel capital to assets and entities on a path to reducing their greenhouse gas emissions.
A regulatory framework for green and climate transition discretionary portfolio management services.
A regulatory framework for green bonds and sustainability-linked bonds offered in ADGM.
Building upon ADGM’s existing disclosure requirements to create the region’s most comprehensive environmental, social and governance (ESG) disclosures framework, to now cover disclosure by listed companies, regulated financial services firms and large private commercial entities.

In addition to proposing a framework for companies to undertake ESG disclosures, It is also in the process of facilitating through its regulatory framework the establishment of the world’s first regulated voluntary carbon exchange and clearing house, where carbon offsets (Environmental Instruments), while traded and settled as Spot Commodities, are treated as regulated Financial Instruments within ADGM.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

Kuwait: Government to Accept Applications for Electric Vehicle Charging Points

10/11/202210/11/2022
by Benjamin Filaferro

Alqabas, 5 November 2022: Kuwait’s Electricity and Water Ministry has announced 2 December 2022 as the date it will begin accepting applications for licenses to install electric vehicle charging points by individuals and authorities wishing to provide them.

Individuals can apply via the ministry’s website and must be responsible for confirming that their household electricity supply meets the demands of electric vehicles.

The ministry will verify that chargers conform to previously approved specifications and controls.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.