UAE Archives - Page 8 of 93 - LexisNexis Middle East

Dubai: New First-Time Property Buyer Incentives Unveiled

10/07/202510/07/2025
by Hannah Gutang

Gulf Today, 2 July 2025: Dubai Land Department (DLD) has launched a “First Property Ownership” programme, targeting UAE citizens and residents to facilitate property ownership.

The legal framework of the programme introduces substantial incentives for first-time property buyers. It extends credit facilities up to 18 years and allows the registration fee of 4% with the DLD to be paid in instalments. Real estate developers involved in the scheme are offering significant price reductions, lowering property costs by up to 10% below the market rate for both ready and off-plan properties.

Eligibility criteria are that applicants must be UAE residents aged 18 or older, who do not own any freehold residential property in Dubai, and wish to purchase properties valued at up to Dhs5 million. The programme applies a one-time eligibility and waives rental restrictions for long-term investments.

The programme enforces legal obligations by integrating exemptions and facilitating financial processes within established legal requirements. It prioritises access to new project units, offers preferential rates, and provides interest-free registration fee payment options through credit cards and competitive financing offers with reduced interest and fees.

Applications are subject to review, and eligible participants are added to the beneficiary list, which will be accessible to developers, providing legal assurance and clarity for all those involved.

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News developments

UAE: FTA Issues New Excise Tax Framework for Natural Shortages in Designated Zones

03/07/202503/07/2025
by Hannah Gutang

Alvarez and marsal, 26 June 2025: The UAE Federal Tax Authority (FTA) issued Decision No. 6/2025, effective from 1 July 2025, introducing a structured framework for the reporting and management of natural shortages of excise goods within Designated Zones, in line with international tax standards.

FTA has established a detailed framework for managing the natural shortages of excise goods—those occurring due to uncontrollable factors during production, transportation, or storage. The regulation will require businesses to seek pre-approval from the FTA for any natural shortages within a permissible threshold. This threshold must be corroborated by an FTA-approved Independent Competent Entity (ICE), which will conduct assessments of production processes and storage facilities and issue a report that will be valid for up to a year, confirming allowable shortages. When significant changes occur that might affect loss ratios, prompt notification to the ICE will be mandatory.

The new procedural requirements come with rigorous documentation and reporting duties, and businesses will need to maintain comprehensive audit-ready documentation, supported by ICE findings. This includes real-time traceability of excise goods and full compliance with potential FTA inspections. Non-compliance will lead to a risk of excise tax relief being denied and potential penalties.

This decision replaces previous natural shortage procedures, changing the approach from discretion by the FTA to a more systematic approach with obligatory third-party assessments and set deadlines. It will specifically target natural shortages, with other loss types like theft or operational errors remaining under separate guidelines, such as EXTP007.

Businesses affected by these changes should submit pre-approval requests to the FTA, ensure alignment with ICE standards, and update their internal processes accordingly. They should also revisit previous shortage claims to ensure compliance with the newly established criteria.

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News developments

DIFC: Consultation on Variable Capital Company Regulations

03/07/202503/07/2025
by Hannah Gutang

Gulf Today, 25 June 2025: DIFC has launched a public consultation on the newly proposed Variable Capital Company (VCC) Regulations, designed to provide flexible investment structuring options within the DIFC.

The proposed regulations allow the establishment of VCCs as either standalone companies or umbrella structures with incorporated or segregated cells. This setup will offer adaptability on share capital and asset segregation without needing authorisation from DFSA, unless the entity is engaging in regulated financial activities.

The VCC framework is specifically tailored to facilitate proprietary investment activities, making it particularly suitable for family-owned enterprises, multi-asset holdings, and complex investment portfolios seeking efficient asset management and diverse structuring. Important features include flexible share capital equivalent to net asset value, allowing for efficient issuance and redemption of shares, and asset segregation to facilitate distinct investment strategies and risk profiles.

The adoption of these VCC Regulations is expected to provide legal clarity and structural advantages for potential investors within the DIFC, making it an attractive option for diverse asset management strategies.

Once finalised, the VCC Regulations will empower investors to benefit from economies of scale and centralised management, reinforcing DIFC’s reputation as a leading jurisdiction for financial services.

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Expired Enforcement of Arbitral Awards: Strategies & Regional Practice | 23 Sept 2025 | 10:00 AM to 12:00 Noon GST | Zoom Live Webinar

03/07/202528/08/2025
by Maristela Albores

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Enforcement of Arbitral Awards: Strategies & Regional Practice | 23 Sept 2025 | 10:00 AM to 12:00 Noon GST | Live Zoom Webinar
23/09/2025
10:00 AM - 12:00 PM SEFORMENA-D

Join LexisNexis and DIFC Academy for a focused, expert-led session on the enforcement of arbitral awards. With arbitration now the preferred method for resolving cross-border disputes, understanding how to enforce arbitral awards is essential for legal professionals operating in today’s interconnected legal landscape.

News developments

Abu Dhabi: Enhances Regulations for Real Estate Brokers and Property Market

02/07/202502/07/2025
by Hannah Gutang

Gulf News, 30 June 2025: Abu Dhabi has tightened its regulations on real estate brokerage services as part of a broader update to the emirate’s property market rules.

The amendments introduced by Abu Dhabi Law No. 2/2025 have changed the law governing the real estate sector in Abu Dhabi, under Abu Dhabi Law No. 3/2015 Concerning the Regulation of the Real Estate Sector in the Emirate of Abu Dhabi.

These new regulations, are aimed at increasing transparency and accountability, and were announced by the Department of Municipalities and Transport earlier this month.

The updated regulations redefine real estate activities to include sales, purchase, registration, evaluation, management, and operational aspects of real estate.

New regulatory bodies have been introduced, and operational procedures which will impact developers, brokers, financial institutions, owners, and tenants have been introduced.

The ‘Owners’ Union’ has been changed into the ‘Owners’ Committee’ and has new roles and responsibilities. Specific penalties have been introduced for unauthorised practice of real estate activities, and there are strict administrative fines.

The regulations require homeowner committees to be established for new freehold projects. These committees, will be governed by the Department’s decisions, and will have advisory and oversight roles, with specialised management companies handling operational management.

Obligations on escrow account management have also been revised to ensure transparent transactions and safeguard buyer’s interests.

Key decisions included restructuring the administrative oversight by authorising the Department to impose administrative penalties for violations, reflecting improved compliance standards within the sector. Developers now face altered guidelines, notably stricter registration and marketing requirements for off-plan sales, and enhanced escrow account protocols. There have also been changes affected service fee collection procedures, developers will have to comply with.

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Expired AI Prompting Essentials for the Legal Profession | 27 Aug 2025 | 10:00 AM to 12:00 Noon GST | DIFC Academy

02/07/202521/08/2025
by Maristela Albores

We're sorry, but all tickets sales have ended because the event is expired.

AI Prompting Essentials for the Legal Profession | 27 Aug 2025 | 10:00 AM to 12:00 Noon GST | DIFC Academy
27/08/2025
10:00 AM - 12:00 PM SEFORMENA-D

Join us for a focused, expert-led session on AI prompting in legal practice. This 2-hour CLPD-certified course is designed to help legal professionals in the Middle East region stay up to date on evolving technologies and sharpen their legal acumen through practical, accredited learning.

News developments

Lexis Middle East HR Alert – May 2025 Edition

26/06/202526/06/2025
by Tanya Jain

In this edition of Lexis Middle East HR Alert, we bring you a curated selection of the most pressing HR, legal, and regulatory developments shaping the employment landscape across the Middle East. From sweeping changes in Saudi labour law to evolving expectations around flexible work in the UAE’s blue collar sector, this issue is packed with expert insights, legal updates, and practical guidance for HR professionals, legal advisors, and business leaders alike.

As organisations across the region navigate complex immigration frameworks, new compliance requirements, and shifting workforce dynamics, our contributors provide the clarity and context needed to stay ahead. With in-depth features, real-world case reviews, and spotlights on key figures driving HR transformation, the LME HR Alert continues to serve as a trusted resource for understanding the policies and trends that matter most.

Stay ahead of the curve with Lexis Middle East HR Alert, as we provide you with the insights needed to navigate the complexities of HR in the Middle East.

Happy reading!

This edition features a diverse range of content, including:

FEATURE: FRAMEWORK IMPLEMENTED

Shiraz Sethi and Fatima Al-Sabahi of Dentons delve into the key reforms introduced in the Saudi Labour Law following the release of its implementing regulations. Their analysis highlights the significant changes impacting employment relationships, enforcement mechanisms, and employer compliance obligations in the Kingdom.

TREND SETTER: MORE FLEXIBLE BLUE COLLAR JOBS

With a mounting talent shortage in the UAE’s blue collar workforce, businesses are exploring more flexible working arrangements. Mary Rintu Raju of NYK Law outlines the legal implications and operational considerations of rolling out flexible models for this often-overlooked sector.

NEWS ROUND-UP: COVERING RECENT KEY DEVELOPMENTS – REGION-WIDE

This section captures a selection of important legal and HR news, including changes to company structures in UAE freezones and other updates from across the MENA region.

IMMIGRATION FOCUS: SAUDI ARABIA IMMIGRATION UPDATE

Ali Ibrahim of Vialto Partners provides a comprehensive update on Saudi Arabia’s immigration regulations. His commentary offers vital guidance on how these changes may affect both employers and foreign nationals working in the Kingdom.

LAW CHANGES: NEW AND PROPOSED MENA LAWS

Explore recent and upcoming legal reforms, including newly proposed rules affecting work permits in Kuwait—changes that may impact workforce planning and compliance across multiple jurisdictions.

CASE FOCUS:

This issue includes a review of a recent QICDRC ruling in Clare Holloway v MBG Corporate Services LLC (QFC Case No. 0059/2024), where the Court of First Instance addressed the issue of premature litigation. Mohammed Al Ansari highlights the court’s approach to jurisdiction and procedural compliance.

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_May 2025

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

Lexis Middle East HR Alert_May 2024

Lexis Middle East HR Alert_July 2024

Lexis Middle East HR Alert_October 2024

Lexis Middle East HR Alert_January 2025

HR PROFILE: CREATING CHANGE

Nishanth Krishnan, Director of People Advisory and Business Consulting at Grant Thornton UAE, shares insights into the strategic HR interventions needed to lead and manage successful organisational change in today’s climate.

IN-HOUSE PROFILE: PRACTITIONER PERSPECTIVE

Henrietta Baker and Kahroba Kojouri of Dentons discuss proposed amendments to the Saudi Personal Data Protection Law Implementing Regulations (Saudi Arabia Administrative Decision No. 1516/1445).

POLICY POINTERS: WORKING HOURS IN KUWAIT

Bader Al-Qellaish of Wefaq Law Firm reviews the legal frameworks governing working hours in Kuwait, with practical considerations for policy compliance and workforce wellbeing.

MOVES AND CHANGES

Stay updated on the newest business trends, significant appointments, and promotions in the region to stay connected with the market’s key influencers.

Upcoming Qatar Business Law Forum – Gala Dinner & Awards 2025 | 27 November 2025 | Doha, Qatar

24/06/202517/09/2025
by Malini Dean

Qatar Business Law Forum - Gala Dinner & Awards 2025 | 27 November 2025 | Doha, Qatar
27/11/2025
6:00 PM - 11:00 PM SEBLFMENA

BECOME A SPONSOR REGISTER HERE Join us in Doha, Qatar on 27 November, 2025 for the Qatar Business Law Forum – Gala Dinner and Awards – 10th Edition. The Qatar Business Law Forum – Gala Dinner and Awards ceremony sets out to recognise exceptional achievement within Qatar’s legal community. The awards are judged (more…)

News developments

UAE: Ministry Announces Exemptions Under the Unemployment Insurance Scheme

20/06/202520/06/2025
by Hannah Gutang

Gulf Today, 16 June 2025: The Ministry of Human Resources and Emiratisation (MoHRE) confirmed specific categories exempt from participation in the UAE’s Unemployment Insurance Scheme (UIS).

These include investors actively engaged in their registered businesses, domestic workers, temporary contract workers, minors below 18 years of age, and pensioners who are re-employed while drawing a pension.

Launched to provide compensation for unemployed individuals, the UIS requires remaining eligible participants to fulfil four key conditions: maintaining a minimum uninterrupted subscription period of 12 months, ensuring termination is not due to disciplinary reasons as per Federal Decree-Law No. 33/2021, preventing fraudulent claims or fictitious employment, and having compensation halted upon securing new employment during the payout period.

The decision impacts stakeholders within these exempt categories by relieving them of insurance dues, simplifying regulatory compliance for specific employment types.

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News developments

Sharjah: Consultative Council Approves Draft Law on Court Fees

20/06/202520/06/2025
by Hannah Gutang

The Sharjah Consultative Council (SCC) has ratified the draft law on court fees following the submission and review by the Legislative and Legal Affairs Committee, and extensive studies and specialised meetings.

The decision was recorded at the SCC’s sixteenth session, following detailed discussions on each article. The law was referred to the council on 15 May 2024 by the Executive Council’s General Secretariat, integrating the framework set by Sharjah Law No. 7/2025 on the Judicial Authority Law, effective from 1 June 2025, which establishes an autonomous judicial authority in Sharjah.

The law covers court fee structures, collection methods, exemptions, and financial mechanisms, and aims to combine judicial efficiency with socio-economic factors.

It requires a balance between accurate fee structuring and litigants’ access to services, integrating electronic payment systems and facilitating documentation. The council’s approval promises increased transparency and improved financial procedures while reinforcing the interface between the judiciary and litigants.

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