LexisNexis Middle East

LexisNexis Hosts the inaugural Developments in International Arbitration Seminar in Riyadh, Saudi Arabia!

30/11/202230/11/2022
by Benjamin Filaferro

In partnership with the Saudi Center for Commercial Arbitration (SCCA), SOL International Ltd, and Burhan Al Marifa, LexisNexis was pleased to host the inaugural Developments in International Arbitration seminar in Riyadh, Saudi Arabia, on 27 November 2022.

Special guest speaker Gary Born, one of the world’s pre-eminent experts on international commercial arbitration and international litigation, provided his valuable knowledge and insight for the 1st edition of this seminar in Riyadh.

The seminar started with opening remarks by Walid Abanumay, Chairman of the SCCA, followed by a welcome address by HRH Princess Hala Bint Khaled Bin Sultan Al-Saud, Chair of Burhan Al-Marifa. Dr Hamed Merah, CEO of the SCCA, shared Highlights and Developments of KSA and SCCA, followed by an SCCA Caselaw Briefing presented by Christian P.Alberti, Chief of ADR and General Counsel of the SCCA.

Following these insightful updates, Sarah Malik, CEO of SOL International Ltd, and Gary Born engaged in a fireside chat on the recent changes in international arbitration. They addressed the latest developments in arbitration in Saudi Arabia.

Finally, we had an interesting Q&A session with enthusiastic participation from the audience.

Thank you to all participants, specifically our speakers, for making this event a success!

News developments

Oman: Government Agreement Qualifies 1,000 Omani Job Seekers in Vocational Colleges

30/11/202230/11/2022
by Benjamin Filaferro

Oman Times, 29 November 2022: Oman’s Ministry of Labour and Ministry of Higher Education, Research and Innovation have signed a cooperation agreement to qualify 1,000 job-seeking Omani nationals in vocational colleges.

The placements aim to increase job-seeking efficiency by matching job opportunities with the needs of the labour market as part of the National Employment Programme.

The programme is available for students who have successfully completed 10th grade and wish to continue their studies to obtain a vocational qualification and those who are 18 years of age and registered as jobseekers.

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

Dubai: Employer Faces Action for Violating Nafes by Appointing 43 Family Members

29/11/202207/12/2022
by Benjamin Filaferro

WAM, 28 November 2022: The UAE Ministry of Human Resources and Emiratisation has launched action against an employer who violated the provisions of the Nafes programme by appointing 43 members of his family to circumvent Emiratisation criteria and benefit financially.

The ministry considered the appointments to be ‘fake Emiratisation’, meaning the family members were enrolled with the company without any real work for the company to exploit the Nafes benefits.

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

Trowers & Hamlins participates as a Silver Sponsor of the Oman Business Law Forum Conference 2022 – 5th Edition!

28/11/202229/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that Trowers & Hamlins will participate as a Silver Sponsor at the Oman Business Law Forum Conference 2022 – 5th Edition held on 12 December 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Oman. 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 12 December 2022 at the Grand Hyatt Muscat in Muscat, Oman.

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

News developments

Meet our Partners of the Oman Business Law Forum Conference 2022 – 5th Edition!

28/11/202228/11/2022
by Benjamin Filaferro

LexisNexis Middle East is pleased to announce that the Omani Lawyers Association (OLA) and Omani British Lawyers Association (OBLA) will participate as a Silver Sponsor at the Oman Business Law Forum Conference 2022 – 5th Edition held on 12 December 2022.

The conference is specifically designed for in-house counsel and will cover the latest legal developments and trends in Oman. 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 12 December 2022 at the Grand Hyatt Muscat in Muscat, Oman.

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

News developments

UAE: Emirati Nationals in Private and Banking Sectors Get Pay Rise

28/11/202230/11/2022
by Benjamin Filaferro

Albayan, 23 November 2022: UAE’s Vice Prime Minister has announced a pay increase for Emirati nationals working in the private and banking sectors to attract and support the maximum number of UAE nationals to roles in these sectors.

The increase is valid for all employees of the private and banking sectors, regardless of the date they started or whether they were appointed before or after the launch of the ‘Nafes’ program in September 2021. The extra financial support will be AED 7,000 for holders of a bachelor’s degree, a maximum of AED 6,000 for diploma holders and a maximum of AED 5,000 for those with high school qualifications or less.

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

Abu Dhabi: E-Link Project Between Four Freezones Completed

28/11/202228/11/2022
by Benjamin Filaferro

Albayan, 24 November 2022: The Abu Dhabi Department of Economic Development has announced the completion of an e-link project with four free zones, which aims to integrate and create a unified database of economic licences in the Emirate.

The free zones include the KEZAD Group – which comprises 12 economic zones – Abu Dhabi Airports Free Zone, the Media Free Zone and Masdar City Free Zone.

The e-link will provide information about the owners of economic establishments in line with federal laws and regulations.

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

LexisNexis and BSA Ahmad bin Hezeem & Associates LLP host a UAE Mock Trial!

24/11/202224/11/2022
by Benjamin Filaferro

Thank you to everyone who participated in the UAE Mock Trial on 21 November 2022!

In partnership with BSA Ahmad bin Hezeem & Associates LLP, LexisNexis Middle East was pleased to host a ‘UAE Mock Trial’. This interactive event showcased the journey of a bankruptcy case through the Dubai Courts, from the initial sessions before the Court of First Instance to the Final Verdict and ultimately arriving at the Court of Appeal.

The BSA team provided step-by-step guidance through the Courts procedure when handling bankruptcy cases and delved into how the recently amended UAE Bankruptcy Law

Impacted Director liabilities in the event of bankruptcy;
Provides a rescue culture and a remedy to struggling firms needing debt relief.

They also looked at the punitive provisions of the law. Thank you to all participants, specifically the BSA team, for making this event a success!

News developments

LexisNexis Hosts the 6th Kuwait Business Law Forum Conference in Kuwait City, Kuwait!

24/11/202212/12/2022
by Benjamin Filaferro

Thank you to everyone who participated in the Kuwait Business Law Forum 2022 – 6th Edition on 23 November 2022!

LexisNexis Middle East is pleased to have hosted, in partnership with Al-Yaqout & Al-Fouzan Legal Group, the Kuwait Business Law Forum 2022 – 6th Edition in Kuwait City, Kuwait, on 23 November 2022.

The conference covered Kuwait’s latest legal developments and trends and gathered leading professionals from the Kuwaiti legal and business community. The following topics were covered over three sessions:

First Session – PPP as a Tool for Sustainable Development
Second Session – The Future of the Legal Profession in Kuwait and the Middle East
Third Session – Arbitration and Mediation

Special thanks to our incredible speakers and moderators:

Khalifah H. Al-Yaqout – Managing Partner, Al-Yaqout and Al-Fouzan Legal Group
Saleh Al-Salami – CEO of Union Investment Companies
Eric Bonnet-Maes – LexisNexis CEO of CEMEA
Dr Khaled A. Mahdi – PhD, PMP, CEng, GCCarb, P2F – General Secretary, General Secretariat of the Supreme Council for Planning and Development (GSSCPD)
Dr Ahmad Al-Shorbagy – Head of Projects, Al-Yaqout and Al-Fouzan Legal Group
Dr Majdouline Scheit – Corporate Counsel, Alghanim Industries
Thamer Ibrahim Arab – CEO, Dhaman Hospitals
Kapil Kumra – Deputy General Manager & Head of Project Finance at Foreign Corporate Group, National Bank of Kuwait
Dr Mona Al Hajri – Assistant Professor of Constitutional and Administrative Law at Kuwait University – College of Law
Abdullah Al-Baker – Founder & CEO, Al Baker & Associates Law Firm
Dr Fahad Al-Zumai – Associate Professor, Faculty of Law – Kuwait University
Adnan Abul – Vice President, Kuwait Bar Association and the Kuwait Association for Protecting Public Funds
Dr Yousef Al-Yaqout – Assistant Professor at the College of Law at Kuwait University
Floriane Lavaud – Counsel, Debevoise & Plimpton LLP
Dr Anwar Al-Fuzaie – General Counsel
Huda Al-Sawan – Chancellor, Department of Legal Advice & Legislation, Council of Ministers (Fatwa and Legislation)

Thank you to our partners and sponsors for your support:

Al-Yaqout & Al-Fouzan Legal Group – LexisNexis Exclusive Partner in Kuwait
Kuwait Bar Association – Strategic Partner
General Secretariat of the Supreme Council for Planning and Development – Strategic Partner
Alghanim Industries – Gold Sponsor
United Real Estate Company (URC) – Gold Sponsor
Al Baker & Associates Law Firm – Silver Sponsor
Kılınç Law & Consulting – Bronze Sponsor
Advocates Group Academy – Bronze Sponsor

Lastly, thank you to all attendees for making the conference a success. We look forward to welcoming you in 2023 for the 7th Kuwait Business Law Forum!

News developments

Abu Dhabi: Public Warned About Issuing of Forged Commercial Licences

24/11/202224/11/2022
by Benjamin Filaferro

23 November 2022: Abu Dhabi Global Market’s (ADGM) Registration Authority (RA) has issued an alert to the public to look out for people issuing forged RA commercial licences under the name Emirates Commercial Insurance LLC.

The RA stresses that Emirates Commercial Insurance LLC is not incorporated in the ADGM or licensed to conduct business in the ADGM.

Falsely claiming registration to conduct business in the ADGM can lead to a fine of up to US$15,000 per contravention.

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/.