Umm AlQuwain: Law on Reorganisation of Ummal Quwain Chamber of Commerce and Industry Issued

Al Bayan, 19 January 2024: Ummal Quwain’s Ruler has issued Ummal Quwain Law No. 1/2024 on the reorganisation of the Ummal Quwain Chamber of Commerce and Industry.

Ummal Quwain Law No. 1/2007 regarding the Ummal Quwain Chamber of Commerce and Industry Law (as amended) will be repealed.

Any other legislation that conflicts with the Law will also be repealed.

The Law will be published in the Official Gazette and come into force on its publication date.

All relevant parties will be responsible for implementing it.

The Law has been issued to develop and consolidate the Emirate’s economic position.

It has also been issued to support the directions and vision of the Emirate by developing industries, developing new and promising sectors and attracting diverse investments, in a way that serves the economic environment in the Emirate.

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UAE: Federal Law on Regulating Private and Public Sector Relations Issued

Al Watan, 19 January 2024: The UAE’s Finance Ministry has announced it has issued Federal Law No. 12/2023, regulating partnerships between the federal public and private sectors.

It came into force on 1 December 2023.

It aims to regulate the partnership between the federal public sector and the private sector in the country and encourage the private sector to participate in development and strategic projects.

It also aims to increase investment in projects of economic, social and service value implemented by the federal public sector and enable the government to implement its strategic projects efficiently and effectively.

In addition, it aims to enable them to benefit from the financial, administrative, organisational, technical and technological capabilities and expertise available in the private sector.

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UAE: Income Tax Suggestion Rejected

Oman Daily Observer, 24 January 2024: The Undersecretary to the UAE’s Finance Ministry has rejected suggestions that an income tax is going to be introduced.

The individual said individuals in the country won’t be taxed on their income any time soon.

They made the announcement during a meeting of the Undersecretaries of Finance Ministries in Arab countries.

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UAE: Cyber Security Council Issues Cryptocurrencies and Digital Assets Fraud Warning

The UAE Government’s Cyber Security Council has warned of the dangers of fraud in cryptocurrencies.

The Council said they constitute a cross-border threat that requires dealers to be vigilant.

They added the risks of these fraudulent activities extend beyond financial loss.

They also put personal privacy at risk and threaten the fundamental trust on which the cryptocurrency market depends.

They went on to say data and studies recently released highlight these risks and the regulatory measures being taken in light of growing concerns about fraud in digital currencies and the consequences.

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UAE: International Humanitarian Affairs Council Established

Al Bayan, 4 January 2024: The UAE’s President has issued Federal Decree No. 202/2023 establishing an International Humanitarian Affairs Council.

It will report to the Chief of the Presidential Office and will be responsible for supervising all issues and matters related to international humanitarian affairs.

It will be chaired by the Head of the Office of Development Affairs and Families of Martyrs in the Presidential Office, His Highness Sheikh Theyab bin Mohammed bin Zayed Al Nahyan,

Among other things the Council will be responsible for preparing and reviewing the general policy for international humanitarian affairs, general supervision of the international humanitarian affairs system, following up on the preparation and implementation of relevant plans, initiatives and projects, developing a future vision for international humanitarian affairs, determining general frameworks for its implementation by the relevant authorities and preparing the budget.

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French Legal Tech startup Jarvis Joins LexisNexis to Advance Law Practice Management

LexisNexis acquires French startup Jarvis. This strategic acquisition cements LexisNexis’ position as a key innovator serving legal professionals.

Paris, January 8, 2024 – Jarvis has developed a collaborative SaaS platform that simplifies and automates cumbersome tasks for law firms. It includes matter management automated drafting of letters, court hearing tracking, deadline and client follow-up, and automated invoicing. This solution is available in several languages and handles different currencies and tax systems.

By acquiring Jarvis, LexisNexis augments its range of solutions with a law practice management platform. Jarvis will be marketed in Continental Europe, Middle East and Africa (CEMEA), optimizing workflows and productivity.

“Jarvis has engineered a solution that leverages technology to support law firm management. This strategic acquisition further demonstrates our commitment to delivering innovative solutions that empower legal professionals daily. Jarvis’ expertise in legal workflow solutions complements our offering” said Eric Bonnet-Maes, CEO of LexisNexis CEMEA.

Jarvis Legal Founder and CEO Alexandre Yérémian added: “Joining LexisNexis will accelerate our international rollout and ability to deliver increasingly innovative solutions to customers. We eagerly anticipate contributing to the ongoing advancement of legal technology with LexisNexis.”

This acquisition is part of LexisNexis’ strategy to facilitate decision-making, ensure legal security, and enhance productivity for legal professionals.

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UAE: New Media Law Approved

Arabian Business, 18 December 2023: The UAE government has approved a new Media Law.

Federal Decree-Law No. 55/2023 has been issued to regulate the media sector and organise media activities in the country.

This includes radio, television, newspapers and cinemas in the country.

The Law applies to individuals, organisations, media outlets and free zones dedicated to media in the country.

It allows individuals and legal entities to own media institutions and outlets in line with specific regulations and conditions.

Media activities include the production, circulation, printing and publishing of media content as well as audio, video and digital broadcasting regardless of whether they are subscription-based or free-to-air.

This includes all affairs relating to the issuing and oversight of licences and permits for the execution of media activities by individuals, establishments, and media institutions, including radio and television broadcasting, cinema movies and creative productions, newspapers and publications, digital and electronic media activities, book fairs, foreign publications, foreign media offices, printing, circulating and publishing media content and aerial, ground, and maritime imaging operations.

In addition, the Law organises the UAE Media Council and local government entities responsible for regulating media affairs.

All media individuals and institutions operating in the UAE have to comply with the national media content standards.

These include respecting the divine, and Islamic beliefs, as well as all other religions and beliefs.

They also include respecting the country’s sovereignty, symbols and institutions and the supreme interests of the UAE and its society and respecting the directions and policies of the country nationally and internationally.

In addition, they include avoiding any actions that may have an adverse impact on the UAE’s foreign relations and respecting the culture and civilisation, national identity and values of the UAE community.

Media outlets and individuals must refrain from disseminating or circulating information that may offend or compromise national unity or social cohesion.

They also have to refrain from disseminating or circulating information that may incite violence, hatred or propagate a spirit of discord among society members or the UAE’s legal and economic system.

Justice and security must not be exploited or abused either and privacy rules and individuals’ private lives must be respected.

The publication, broadcasting or circulating of rumours, false and misleading news or the publication of any matter that may constitute instigation to commit crimes must be avoided.

The UAE Media Council will be responsible for issuing permits for the screening of cinematographic and other creative productions.

They will also be responsible for defining the classifications of the Media Content Rating System for print and creative productions. This includes books, video games and cinematic production.

In addition, the Council will be responsible for determining the age groups suitable to view media and entertainment content and for issuing permits to individuals providing advertising or media content on social media and other modern technical means regardless of whether they are subscription-based or free-to-air.

Licensed or authorised individuals and media outlets will have to be overseen and supervised by the relevant authority.

The Council will be allowed to conduct surveillance and inspection of persons, outlets and media institutions, including in free zones.

The UAE Media Council, together with the relevant authorities will promote the protection of intellectual property among individuals, establishments and media institutions in the UAE.

Individuals, organisations and media outlets will have w12 months from the date of the Decree-Law being published to comply with it and its Implementing Regulations.

This may be extended by a Cabinet Decision.

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