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Sharjah: Regulations for Renting Holiday Homes Issued News developments

Sharjah: Social Services Department Regulatory Law Amended

  • 14/06/202314/06/2023
  • by Tanya Jain

Alwatan, 12 June 2023: The Sharjah Advisory Board has approved an amendment to Sharjah Law on Regulating the Social Services Department.

The draft law aims at keeping up with the developments in the Emirate and aims at improving social life.

Based on the law, the Department will be able to enhance its participation in public awareness campaigns, bolstering social values, and encouraging social integration.

For 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/.

United Arab Emirates News developments

UAE: Fees Exemption Announced for Companies Listing Green Bonds

  • 14/06/202314/06/2023
  • by Tanya Jain

Sharjah 24, 7 June 2023: The Board of Directors of the UAE’s Securities and Commodities Authority has given its approval to a proposal which grants an exemption from certain fees for companies seeking to list their green bonds and sukuks in the local markets.

According to the decision, companies wishing to register green bonds or bonds related to sustainability will be exempt from paying registration fees for the year 2023.

The purpose of this initiative is to showcase the state’s commitment to achieving sustainable development across multiple fronts, particularly in terms of fostering sustainable economic growth.

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/.

The MENA Business Law Review No. 03/2022 is out! News developments

The MENA Business Law Review No. 01/2023 is out!

  • 13/06/202313/06/2023
  • by Tanya Jain

We are pleased to share the first edition of the MENA Business Law Review 2023, the definitive business law reference in the Middle East and North Africa!

In this edition:

PRACTICAL GUIDANCE: Contract Lifecycle Management – In-House Strategies for Effectively Delivering Technology Projects

In this article, Tarek Saad, Senior Counsel, and Tamim Momeni, Associate from Crowell & Moring LLP set out a number of general contract management recommendations and techniques that will increase a technology project’s chances of success.


CASE COMMENT: DIFC Court Hears Ground-Breaking Cryptocurrency Claim

Sara Sheffield, Max Davis, and Peter Smith from Charles Russell Speechlys share their insights on the cryptourrency claim. The Court of First Instance of the Dubai International Financial Centre (DIFC) has handed down judgment following trial of a claim arising from the misappropriation of 300 bitcoins. The case touches on several of the key questions facing the courts around the world.


CASE COMMENT: Rajabieslami v. Tariverdi and others

English Commercial Court casts doubt on enforceability of English court judgments in Qatar. Sophie Eastwood and Joseph Dyke from McNair International sheds light on the case and it’s analysis.


CASE COMMENT: Administration in UAE – A Close Look into the NMC Group

In this, Hana Al Khatib from Global Advocacy & Legal Counsel (UAE) explores the introduction of the Common Law concept of “administration” in the UAE’s Civil Law System through the landmark NMC Group litigation. This legal mechanism aims to rescue distressed companies and prioritize the interests of creditors for better outcomes than liquidation.


FEATURE: The Legal Industry and the Perfect Storm

Rany Sader from SADER Publishing discusses the unstoppable transformation happening in the legal sector, comparing it to a tsunami that demands adaptation. Embracing technology, including tools that utilize big data, is crucial for lawyers to streamline their work, enhance research, and meet client demands for transparency, speed, and cost-efficiency.


FEATURE: Lawyers Must Be Agents of Change

In a thought-provoking perspective, Senior Technology Lawyer, Khaled Shivji emphasizes the need for the legal industry to wholeheartedly embrace technology and digital disruption. Discover why lawyers must seize this opportunity for transformative change.


FEATURE: ChatGPT in the Legal Industry: Balancing Potential Benefits and Limitations

Rosena Nhlabatsi, LLB, LLM, RTTP gives an overview of the benefits and limitations of Chat GPT in the legal sector.


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

MENA Business Law Review | Issue 1/2023

Have you read the previous editions of the MENA Business Law Review? Click the links below to access and read previous editions.

LexisNexis MENA Business Law Review No. 01_2022
LexisNexis MENA Business Law Review No. 02_2022
LexisNexis MENA Business Law Review No. 03_2022

FEATURE: UNIDROIT Draft Principles on Digital Assets: Guidance for Law Reform in the MENA Region

Andrew Dahdal and Omran Almulla discuss the UNIDROIT Draft Principles on Digital Assets and their potential impact on law reform in the MENA Region.


FEATURE: Fintech Licensing in Dubai: Navigating Regulatory Requirements

Omran Almulla helps us navigate regulatory requirements for FinTech licensing in Dubai.


FEATURE: The Legislative Environment for Self-Driving Vehicles in the State of Qatar

Fathy Mahmoud Radwan discusses current and future legislation for Self-Driving Vehicles in Qatar.



Elevate Your Tax Expertise with the Exciting New Summer 2023 Edition of Lexis Middle East Gulf Tax! News developments

Elevate Your Tax Expertise with the Exciting New Summer 2023 Edition of Lexis Middle East Gulf Tax!

  • 12/06/202312/06/2023
  • by Tanya Jain

We are thrilled to announce the latest edition of Lexis Middle East Gulf Tax, the very first of its kind in the GCC region! Our complimentary magazine offers insightful updates on the latest tax and financial developments across the region.


In this edition:

In Comes Transfer Pricing

How will transfer pricing operate in the UAE from 1 June 2023? Alessandro Valente of Crowe explains how it will operate.


Firm Foundation on Tax

Foundations and the UAE Corporate Income Tax Regime – Foundations are often used for succession planning and charitable purposes, but it would be wrong to automatically assume they will be exempt from the UAE’s new corporate income tax law, as Alejandra Esmoris, Head of Private Clients, CVML explains.


What’s Changed? – Electronic commerce

Is your e-commerce business in the UAE compliant with new VAT reporting and record keeping requirements?


Tax News Round-Up

Stay informed about the latest updates in tax treaties and regulations throughout the region. This includes a regulatory round-up of recent changes and information on tax treaties.


Practical Focus on Customs Valuation

Customs arrangements are integral to the design of business operations in the UAE, given its heavy reliance on cross-border trade, encompassing both material exports and high levels of imports. Tax Lawyer, Patryk Karczewski, and Head of Tax, Siegert Slagman, highlight the crucial role of customs arrangements in facilitating successful trade in the UAE.


Tax Professional Profile: A Different Approach

Mourad Chatar, Managing Partner at a Consulting Firm talks about the differences between tax in the UAE and the GCC region.


Practitioner Perspective on Qatar Law No. 24/2018 (the Income Tax Law)

Rami Qudah, Practitioner at Deloitte in Qatar looks at significant recent changes to the Qatar Income Tax Law.


What are the tax benefits of SEZs and SILZs?

Nabil A Issa of King & Spalding explains the tax benefits of Special Economic Zones and Special Integrated Logistics Zones in Saudi Arabia.


Want to receive future editions? Subscribe here!

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

Lexis Middle East Gulf Tax | Summer 2023

Have you read the Lexis® Middle East Gulf Tax – Spring 2023 edition? Click the link below to access and read the Spring edition.

Lexis Middle East Gulf Tax |Spring 2023
Introducing the Latest Release of Lexis Middle East – HR Alert! News developments

Introducing the Latest Release of Lexis Middle East – HR Alert!

  • 08/06/202314/06/2023
  • by Tanya Jain

We are pleased to present the May 2023 edition of Lexis Middle East – HR Alert!

Discover our complimentary HR publication, the Lexis Middle East – HR Alert, designed to keep you informed about the most recent updates in Labour and Employment Law, highlighting noteworthy cases, and offering valuable insights into region-specific HR policies and templates.

Featuring exclusive interviews with prominent HR experts from the region, this edition also provides expert guidance on emerging industry trends. Stay up-to-date and enhance your HR knowledge with the latest issue of Lexis Middle East – HR Alert.

In this edition:

Feature: The Rules of Recruitment – UAE recruitment agency obligations

Following recent announcements in the press on the regulation of UAE employment agencies, Victoria Smylie and Saher Khan of PwC Legal explain the obligations for UAE based agencies and employers who use them.


Trend Setter – Interns

Ruth Stephen, Luke Tapp, Lana Akkad and Melissa McLaren of Pinsent Masons look at the legal precautions the increasing number of employers in the MENA region who are interested in offering internship opportunities need to be aware of.


Immigration Focus: Recent GCC Immigration and Visa Changes

The dynamics team at Vialto Partners shares the latest updates from the region, including developments relating to family sponsorships, visit visa extensions, ILOE scheme in freezones, and much more.

Additionally, Dounia Fathi-Benbrahim, Senior Manager Immigration with Vialto Partners explains the role she has taken in enabling the firm’s expansion across the region from both a geographical and service perspective.


HR Profile – Energy

Sarah Tablet, Head of Human Resources for the Middle East at Siemens Energy explains how in order to support diversity it is important to tailor your approach.


Policy Pointers – Unemployment Insurance

As a leading authority in employment law, Shiraz Sethi, Partner & Regional Head of Employment at Dentons, sheds light on the scheme and emphasizes the importance of timely subscription.


Want to receive future editions? Subscribe here!

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

LexisNexis-Middle-East-HR-Alert_May-2023

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

LexisNexis Middle East HR Alert_January 2023
LexisNexis-Middle-East-HR-Alert_March-2023
United Arab Emirates News developments

UAE: Virtual Workshops Platforms for Companies Tax Launched

  • 07/06/202307/06/2023
  • by Tanya Jain

Albayan, 4 June 2023: The Federal Tax Authority has introduced an educational platform called “Companies Tax” to provide ongoing knowledge support to taxpayers. This initiative is part of the procedures being implemented to enforce the Federal Decree Law on Companies and Business Tax.

The law is applicable to financial years starting on or after 1 June 2023 and is aimed at enhancing the UAE’s position as an international hub for investment and entrepreneurship, as well as ensuring compliance with international standards for tax transparency.

The platform features 13 seminars conducted in both English and Arabic, remotely scheduled throughout the month of June, focusing on the registration process for this tax.

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/.

United Arab Emirates News developments

UAE: Service for Electronic Renewal of Identity and Passports Introduced

  • 01/06/202301/06/2023
  • by Tanya Jain

Emaratalyoum, 27 May 2023: The Federal Authority for Identity, Citizenship, Customs and Border Security has introduced a new service which allows individuals to apply for the renewal of their identity and passports while residing abroad.

To ensure the applicant’s identity is verified, they are required to personally submit the renewal requests through the authority’s smart application.

This measure guarantees the concerned party is directly involved in the process.

This service is particularly beneficial for individuals residing outside the country who need to renew their identity documents.

It addresses the issue faced by those whose previous renewal requests were rejected due to their inability to submit the request in person.

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/.

UAE News developments

Dubai: New System for Licensing and Regulating Buildings Launched

  • 01/06/202301/06/2023
  • by Tanya Jain

Emaratalyoum, 26 May 2023: Dubai Municipality has introduced a novel electronic system for the licensing and supervision of buildings. This system has been specifically developed to cater to customer needs by reducing the time required for completing procedures and meeting the requirements of the new building code.

The Director-General of Dubai Municipality has highlighted the system incorporates several advantages and advanced digital functionalities aimed at enhancing the customer experience while reducing both time and costs.

Furthermore, the system will offer the utilisation of Building Information Modelling, enabling users to generate 3D templates and digital representations depicting the physical and functional attributes of the buildings.
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/.

United Arab Emirates News developments

Abu Dhabi: Authority for Managing Endowment and Funds of Minors Established

  • 01/06/202301/06/2023
  • by Tanya Jain

Albayan, 27 May 2023: The Ruler of Abu Dhabi has enacted legislation to establish the Authority for Managing Endowment and Funds of Minors in Abu Dhabi.

The Ruler of Abu Dhabi has enacted legislation to establish the Authority for Managing Endowment and Funds of Minors in Abu Dhabi. The Crown Prince of Abu Dhabi has issued a decree appointing Abdulhamid Mohamed Said as the chairman of this authority.

In collaboration with the General Authority for Islamic Affairs and Endowments, as well as relevant agencies, the newly formed authority will undertake the required measures to assume responsibility for managing endowment affairs. This includes tasks such as counting, overseeing, organising, and regulating endowments, as well as issuing necessary permits for endowment institutions within the Emirate.

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/.

May/June 2023 edition of Lexis Middle East Law Alert Now Out! News developments

May/June 2023 edition of Lexis Middle East Law Alert Now Out!

  • 26/05/202330/05/2023
  • by Tanya Jain

Introducing the latest edition of our complimentary law magazine, the Lexis® Middle East – Law Alert! Stay up-to-date on the latest legal, financial, and fiscal developments and hot topics in the MENA region.

In this edition, we examine why amendments to Saudi Arabia’s personal data regime were needed and what might be their impact, recent legal and tax developments, virtual asset regulations, and more.

Feature: What’s Different with Data? Amendments to the Saudi Personal Data Protection Law

Nick O’Connell, Partner, Digital & Data, Al Tamimi & Co explains why amendments to Saudi Arabia’s personal data regime were needed and what might be their impact.


Legal Round-Up: Covering Recent Key Legal Developments (Region-Wide)

Stay up-to-date with the latest legal developments in the region! Our legal round-up includes all the essential news so that you can stay well-informed.


Tax and Finance Round-Up: Covering Recent Key Tax and Finance Developments (Region-Wide)

Stay up-to-date on the key developments from the region and never miss out on the latest happenings.


Feature: Nothing to Hide – The Qatari Anti-concealment Law

Omar Qouteshat of Sultan Al Abdulla & Partners explains results the impact the Qatar Anti-Concealment Law can have when non-Qataris are engaged in commercial activities there.


In-House Profile: Talent and Energy

Elizabeth Dunne Chandler Legal and Commercial Director – Middle East, UK and Europe NES Fircroft explains how the switch to renewable energy is impacting her work and making cross-border employment legislation more important.


Practitioner Perspective:

Thomas Wigley of Trowers and Hamlin looks at the practicalities of bringing foreigner experts into Oman. And sheds light on the implementation of Oman Sultani Decree No. 35/2003 On the Promulgation of the Labour Law provides the framework for private sector employment in Oman.


Movers & Shakers: A Round-Up of the Top Appointments and Promotions

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’s been promoted, who’s been appointed and who’s moving on? Find out now!


Dispute Resolution Focus: Cases and Updates

Hashem AlAidarous, Partner at Al Aidarous, qualified in three jurisdictions, explains
the differences between dispute resolution in the UAE, the US and Australia.


Contract Watch: Is It Asymmetric?

Aleefa Ahmed, from Associate Afridi & Angell, explains asymmetric jurisdiction clauses (or unilateral option clauses) for parties bringing their proceedings in front of a jurisdiction and what options are available for them.


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

Want to receive more content? Subscribe to our newsletter here!

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

Lexis Middle East Law Alert May-June 2023
Lexis Middle East Law Alert January-February 2023

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 October-November 2022
Lexis Middle East Law Alert_July-August 2022

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