UAE Archives - Page 33 of 94 - LexisNexis Middle East

Dubai: Dubai Financial Services Authority Issues First ESG Fee Waiver

09/02/202409/02/2024
by Tanya Jain

The Dubai Financial Services Authority has announced it has issued the first ESG fee waiver.

It was issued to Emirates NBD Bank PJSC.

The Authority’s Chief Executive announced in December 2023 that it was going to waive all regulatory fees for issuers looking to list sustainability-related debt securities in the DIFC throughout 2024.

All new and repeat issuers who make a relevant application to the Authority are eligible.

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News developments

Abu Dhabi: Multiple Health Facilities Shut Down

09/02/202409/02/2024
by Tanya Jain

Arabian Business, 5 February 2024: Abu Dhabi’s Health Department has announced it has closed numerous facilities for violations of healthcare laws and regulations.

It has fined one healthcare centre one million AED. It has also banned it from offering dental services across all its branches because of suspected fraudulent activities aimed at misappropriating public funds.

Investigations into the centre are ongoing.

Eight healthcare facilities have been shut down. They include an occupational medicine centre, a laboratory and a medical centre.

They were found to have violated Federal Law No. 14/2014 relating to the prevention of infectious diseases.

They were also found to have failed to have complied with electronic reporting regulations and failed to follow the Department’s public health statistics reporting standards.

In addition, four home care facilities were closed for failing to comply with the Department’s standards and regulations governing home care services and committing other violations.

These included failing to obtain proper patient consent and provide comprehensive explanations of treatment procedures and associated risks.

They were also not approved to offer secondment contracts between facilities.

In addition, they were found to have failed to have failed to provide essential medicines, medical supplies, or devices for emergencies and the healthcare facilities were used for unauthorised purposes by unlicensed individuals.

Concerns about the lack of essential medicines, medical supplies and devices for emergency cases at these facilities were also received.

The facilities also failed to adhere to safety procedures and infection prevention measures and inadequately maintained supplies, handled and disposed of medical waste improperly and insufficiently stored patient medical records.

A dental clinic has been closed too for multiple violations, including the employment of unlicensed healthcare professionals, non-compliance with sterilisation protocols and using non-sterile medical supplies.

It was also found to be deficient in recording comprehensive medical histories, procedures, examinations, interventions, or treatments in patient files and was operating in a different field to the one it was licensed for.

Also reported in Al Bayan on 4 February 2024. For the full story, click here.

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News developments

UAE: Financial Action Task Force to Remove UAE From Watchlist

05/02/202405/02/2024
by Tanya Jain

According to a specialist media outlet, the Financial Action Task Force is going to remove the UAE from its watchlist “within days”.

It will officially be removed from the grey list next month.

No further details were publicly available.

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News developments

Sharjah: Publishing City Free Zone Launches Instant Licence Service

31/01/202431/01/2024
by Tanya Jain

Arabian Business, 27 January 2024: Sharjah’s Publishing City Free Zone has announced it has launched an Instant Licence Service.

The service is a first of its kind. It includes essential components such as the business licence and a memorandum of association. It also includes a lease agreement for securing office or business space in the Zone and a share certificate documenting ownership and one shareholder.

In addition, it includes a certificate of formation. This validates the business entity’s existence and a business activity certificate, which specifies approved business activities under the licence.

It gives holders flexibility to choose up to three licence activities from more than 1,500 options across various industries and provisions for an unlimited number of visa quotas.

It will streamline the process for securing visas for key personnel in the company in the UAE. It will expedite the business setup process and empower entrepreneurs to realise their ambitions and gain instant access to the thriving economy in the region.

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News developments

Lexis Middle East HR Alert – January 2024 Edition

29/01/202429/01/2024
by Tanya Jain

Introducing the January 2024 edition of Lexis Middle East – HR Alert!

Delve into our complimentary publication, Lexis Middle East – HR Alert, designed to provide you with a comprehensive source of insights and updates to keep you well-informed about the latest developments in the Labour and Employment landscape of the MENA region. We have meticulously curated the most recent HR updates and developments to ensure you remain empowered. This publication highlights significant cases and offers valuable insights into HR policies and laws within the region.

This edition offers a comprehensive overview of recent employment law developments in the Gulf region, focusing on the UAE, Kuwait, Qatar, and Oman. Featured topics include alternative approaches to end-of-service gratuity in the UAE, trends in remote work and immigration, updates on part-time employment in Kuwait, and key changes in the legal landscape, such as new UAE pensions laws. The publication also includes a case study on discrimination and victimisation, profiles a People Partner supporting career development, covers personnel movements, and examines the impact of Oman’s new Labour Law on parental leave rights. Overall, the magazine serves as a valuable resource for professionals staying abreast of the evolving employment law dynamics in the Gulf.

Stay up-to-date and enhance your HR knowledge with the latest release of Lexis Middle East – HR Alert.

This edition features a diverse range of content, including:

Feature: Rewarding Service

Authors; Shiraz Sethi and Ali Al Assaad of Dentons and, Chris Cain and Ben McLean of Equiom Group explore a voluntary alternative to the traditional end-of-service gratuity in the UAE, aiming to provide employers and employees with higher returns and increased flexibility.

Trend Setter – Remote Working

Vialto Partners‘ survey findings reveal a growing consideration for remote work and virtual assignments among employers in the Gulf, with insights provided by experts on the practical implications.

News Round-up: Covering Recent Key Developments – Region-Wide

Stay abreast of recent developments, including employment-related matters, highlighting notable changes in Kuwait’s approach to part-time working.

Immigration Focus: Recent GCC Immigration and Visa Changes

Stay updated! Examining key immigration developments, this segment focuses on dependant residency visas in Qatar, shedding light on the latest changes in the region.

What’s Changed? – UAE Freezones

Anir Chatterji of Vialto Partners discusses the consequences of suspending visa and residence permit transfer services within UAE freezones, particularly affecting employees seeking to change employers.

Law Changes: New and Proposed MENA Laws

Highlighting significant legal modifications across the MENA region, this section zooms in on a new UAE Pensions Law. Sabrina Saxena and Noor Jamaluddin of Al Tamimi & Co. provide insights into the radical changes it introduces.

Case Focus

A specific case, Miskofi v Milbart, in the Dubai International Financial Centre (DIFC) Small Claims Tribunal is examined, showcasing how discrimination and victimisation cases are handled, recommended by Ayesha Karim.

Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

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

Lexis Middle East HR Alert_January 2024

Have you read the Lexis® Middle East HR Alert – previous 2023 editions? Click the links below to access and read these editions.

LexisNexis Middle East HR Alert_January 2023

LexisNexis-Middle-East-HR-Alert_March-2023

LexisNexis Middle East HR Alert_May 2023 Edition

Lexis Middle East HR Alert – August 2023 Edition

Moves and Changes

Providing a roundup of significant personnel movements and changes in roles across the Gulf region.

Policy Pointers: Parental Leave

Author Emma Higham from Clyde & Co, explores the implications of Oman Sultani Decree No. 53/2023, the new Labour Law, on parental leave rights and increased employer responsibilities in Oman.

HR Profile: Supporting Development

Delia Popescu, People Partner at Arup, shares insights into how her work in human resources supports and contributes to the career development of others.

News developments

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

26/01/202426/01/2024
by Tanya Jain

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.

To read full story, click here.

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News developments

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

26/01/202426/01/2024
by Tanya Jain

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.

To read the full story, click here.

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News developments

Abu Dhabi: New Artificial Intelligence Law Issued

26/01/202426/01/2024
by Tanya Jain

Arabian Business, 22 January 2024: Abu Dhabi’s Ruler has issued a new Artificial Intelligence Law.

The Law establishes the Artificial Intelligence and Advanced Technology Council or AIATC.

It will be responsible for developing and implementing policies and strategies related to research, infrastructure and investments in artificial intelligence and advanced technology in the Emirate.

It will also be responsible for developing plans and research programmes together with local and global partners to improve Abu Dhabi’s status in the fields of Artificial Intelligence and advanced technology.

The Ruler also issued a Decision appointing members of the new council.

Under the Decision, Sheikh Tahnoun bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi will be the Chairman of the Council.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council will be Vice Chairman.

Khaldoon Khalifa Al Mubarak, Jassem Mohamed Bu Ataba Al Zaabi, Faisal Abdulaziz Al Bannai and Peng Xiao will be members of the Council.

The Law has been issued and the Council established to develop and regulate an emerging technology sector and create investment and research opportunities.

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News developments

UAE: Income Tax Suggestion Rejected

25/01/202425/01/2024
by Tanya Jain

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.

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.

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News developments

Lexis Middle East Law Alert: January/ February 2024 Edition

24/01/202424/01/2024
by Tanya Jain

Welcome to the January – February 2024 issue of Lexis Middle East Law Alert, where we provide a comprehensive examination of the latest legal developments shaping the region. In this edition, we explore key changes in maritime law, tourism legislation, landmark legal cases, and various sectors, offering valuable insights from legal experts and practitioners.

Keep yourself informed about the most recent legal, financial, and fiscal advancements, as well as trending subjects in the MENA region.

FEATURE: NAVIGATING A SEA CHANGE

Discover the substantial changes set to unfold in the shipping and trade landscape in the UAE as we delve into the implications of the recently issued Maritime Code. Ince & Co Middle East experts Mohamed El Hawawy, Natalie Jensen, and Mahmoud El-Sayed guide us through the transformative impact expected in March 2024.

FEATURE: DIRECTION OF TRAVEL

Ahmed Al Barwani of Al Tamimi & Company sheds light on the recent legislative changes in Oman’s tourist law, offering a detailed exploration of the evolving landscape within the country’s tourism sector.

FEATURE: CASE FOCUS

Our case focus zooms in on the intriguing legal battle between AC Network Holding Limited & Others and Polymath Ekar SPV1 & Others. Delve into the details of the case and explore the jurisdiction, court, and recommendations by Faridah Sarah of Ingmiresy Limited.

PROFILE: FROM REGIONAL TO GLOBAL

Read about Bethan Onions, a Global Legal Operations Leader at Arup, as she shares insights
on switching to a global focus and navigating legal operations on a global scale.

DISPUTE RESOLUTION FOCUS – CREDITOR’S RIGHTS

Waleed Hamad of Al Aidarous explores practical strategies to safeguard creditor’s rights in the face of asset disposal challenges in our Dispute Resolution Focus.

MOVERS AND SHAKERS

Check out our latest round-up of the top movers and shakers from the world of legal appointments and promotions, brought to you by Jameson Legal. Who is been promoted, who is been appointed, and who is moving on?

CONTRACT WATCH: ARBITRATION CLAUSES

Contributor Paul Taylor, Managing Partner at Eversheds Sutherland, discusses the common practice of using arbitration clauses in UAE construction contracts. Gain valuable insights into the pro-arbitration stance of UAE courts and the importance of clear and complete contractual dispute clauses.

LAW MONITOR

Explore the implications of a UAE Cabinet Decision on Real Beneficiary procedures in our Law Monitor section, offering a detailed analysis of the latest legal developments in the GCC.

Thanks to Jameson Legal for supporting individuals and businesses, and Al Aidarous for keeping us updated on dispute resolution cases.

Lexis Middle East Law Alert_January-February 2024

Explore the past editions of the Lexis® Middle East Law Alert and stay up-to-date with the latest news! Click the links below for instant access to older editions.

Lexis Middle East Law Alert January-February 2023

Lexis Middle East Law Alert March-April 2023

Lexis Middle East Law Alert_May June 2023

Lexis Middle East Law Alert_July August 2023

TAX AND FINANCE ROUND-UP

Get updated on the latest in tax and finance with our round-up, including a spotlight on DIFC Crypto Tokens. We provide an in-depth analysis of the significant developments influencing the financial landscape in the Middle East.

LEGAL ROUND-UP

Stay informed with our legal round-up, providing a comprehensive overview of recent developments across the region. Highlighting changes in the ADGM jurisdiction, we ensure you are up to speed on the latest legal landscape.

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