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Sharjah: Site to Help Start Ups News developments

Sharjah: Site to Help Start Ups

  • 26/09/202426/09/2024
  • by Hannah Gutang

Sharjah: The Sharjah Research, Technology, and Innovation Park (SRTI Park), American University of Sharjah (AUS), Invest in Sharjah, and the Sharjah Entrepreneurship Center (Sheraa), have launched a scheme called ‘Seal the Deal,’ which is a platform to help student-led startups to pitch to investors.

Seal the Deal’ aims to provide startups with investment opportunities while allowing them to receive guidance from experienced investors, help refine their solutions and improve their chances for future success. The programme features startups from Sheraa’s Startup Dojo+ youth incubation programmes.

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UAE News developments

Dubai: Unveils New Law Streamlining Law Enforcement Capacities

  • 25/09/202425/09/2024
  • by Hannah Gutang

Khaleej Times, 18 September 2024: A new law aims to streamline regulations on the law enforcement capacities granted to community members, employees, and organisations tasked with managing public facilities.

Issued by the Vice-President and Prime Minister of the UAE and Ruler of Dubai Administrative Decision No. 19/2024 seeks to ensure proper implementation of legislation by those granted law enforcement capacity and enhance public-private partnerships in managing public facilities.

It empowers community members to assist government entities and actively prevent actions or omissions that violate Dubai’s laws.

The regulations apply to employees of government entities, employees of private companies contracted by government entities, institutions granted law enforcement capacity to manage public facilities, and citizens and residents granted law enforcement capacity, excluding members of the judiciary and police officers.

To be granted law enforcement capacity, community members must be at least 30 years old, though exceptions may be granted by senior government officials when necessary.

Individuals must possess the necessary knowledge, qualifications, expertise in the field they supervise, familiarity with enforced legislation, and the ability to identify violations.

They are required to complete training and demonstrate proficiency in using modern technology.

The law mandates the use of Arabic in investigations and sets guidelines for the duties and performance evaluations of judicial officers.

It also specifies how law enforcement capacities can be revoked, subject to a decision issued by the chairman of the Supreme Legislative Committee.

Dubai Administrative Decision No. 19/2024 replaces Dubai Law No. 8/2016 pertaining to the regulation of granting law enforcement capacity.

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Abu Dhabi: New Disclosure Rules Announced for ADX Listed Companies News developments

Abu Dhabi: New Disclosure Rules Announced for ADX Listed Companies

  • 25/09/202425/09/2024
  • by Hannah Gutang

Khaleej Times, 21 September 2024: Companies listed on the Abu Dhabi Securities Exchange (ADX) are now required to disclose the agenda and schedule of their board meetings if matters affecting the firm’s stock price are to be discussed.

The disclosures must be made at least two business days prior to the meeting date, Decisions taken during these meetings must also be disclosed immediately after the meeting ends, excluding the day of the meeting itself. If a company’s board of directors decides to hold a meeting on Friday, 27 September 2024, to discuss matters affecting the company’s stock price, the company must disclose the agenda and meeting schedule no later than Tuesday, 24 September 2024. Failure to disclose by the deadline would be considered a violation of market disclosure regulations.

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            Expired
        LexisNexis Legal Breakfast – Navigating the Future of Corporate Governance in the UAE: Strategic Insights for Executives | October 3, 2024| 8.30 AM to 11 AM | Waldorf Astoria DIFC, Dubai, UAE

Expired LexisNexis Legal Breakfast – Navigating the Future of Corporate Governance in the UAE: Strategic Insights for Executives | October 3, 2024| 8.30 AM to 11 AM | Waldorf Astoria DIFC, Dubai, UAE

  • 23/09/202430/09/2024
  • by Tanya Jain
We're sorry, but all tickets sales have ended because the event is expired.

  • LexisNexis Breakfast Seminar: Corporate Governance | October 3, 2024| 8.30 AM to 11 AM | Waldorf Astoria DIFC, Dubai, UAE
     03/10/2024
     8:30 AM - 11:00 AM

  REGISTER HERE OVERVIEW Join LexisNexis Middle East for an exclusive Corporate Governance Breakfast Seminar where leading experts will share invaluable insights on the evolving landscape of corporate governance in the UAE. This seminar is designed for legal professionals, executives, and board directors seeking strategic guidance on governance practices. Date: October 3, 2024 Time: 8:30 (more…)

UAE: Federal Authority Introduces Unified Employment Contract Model for Federal Sector News developments

UAE: Federal Authority Introduces Unified Employment Contract Model for Federal Sector

  • 19/09/202419/09/2024
  • by Hannah Gutang

The Law Reporters, 16 September 2024: The UAE Federal Authority for Government Human Resources (FAHR) has unveiled a unified model for employment contracts within the federal government sector, a move aimed at streamlining and standardising employment terms for both Emiratis and expatriates.

This legal reform signifies a major advancement in the UAE’s employment framework, reflecting its commitment to fostering an inclusive, efficient, and well-regulated public sector.

The newly introduced employment contract model applies to all employees within the federal government, covering various employment types and work patterns.

It clarifies the different work patterns allowed under federal government employment, giving room for diverse roles and responsibilities while maintaining operational efficiency.

The reform includes provisions for flexible working hours, recognising the growing need for adaptable work schedules in a modern work environment.

One of the model’s most significant aspects is the specification of contract durations, providing clarity and transparency for both employers and employees.

Whether an individual is employed on a permanent, temporary, or project basis, the duration of the employment will be clearly stipulated.

The unified model is applicable to both Emiratis and expatriates employed in the federal government.

This inclusivity is in line with the UAE’s broader policies to integrate Emiratis into the public sector while ensuring that expatriates have clear and structured employment terms.

From a legal standpoint, this initiative represents a significant step towards reducing ambiguity and employment disputes in the public sector.

By standardising terms and conditions, the model enhances legal certainty for all stakeholders.

Employees now have a clear understanding of their rights and obligations, and employers can ensure compliance with unified guidelines.

The introduction of this contract model comes at a time when governments worldwide are reassessing employment frameworks to adapt to new work environments shaped by technological advancements, global mobility, and shifts in labour markets.

The UAE has consistently been at the forefront of such reforms, with this unified model being a testament to its proactive approach to labour governance.

The unified model also aligns with the UAE’s ongoing Emiratisation efforts, which aim to increase the number of Emiratis employed in the public and private sectors.

By creating a transparent, structured, and attractive employment framework, the federal government aims to encourage more Emiratis to join the workforce, knowing that their employment terms are safeguarded under this unified system.

The UAE’s move to introduce a unified employment contract model is a landmark reform that reflects the country’s legal sophistication and its ability to adapt to the evolving needs of the workforce.

It provides much-needed clarity on work patterns, flexible timings, and contract durations, ensuring fairness and legal consistency for both Emirati and expatriate employees in the federal sector.

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UAE News developments

Dubai: AI Security Policy Launched

  • 19/09/202419/09/2024
  • by Hannah Gutang

Al-Fajr, 13 September 2024: The Dubai Electronic Security Centre has launched the Dubai AI Securing Policy, in a proactive step that enhances confidence in AI solutions and supports their development with the aim of protecting Dubai from cyber risks.

This policy represents a qualitative shift in the Centre’s efforts to achieve the vision of the wise leadership and the directives to make the UAE a leader in the field of AI by 2031.

The policy reflects the Centre’s commitment to accelerating the adoption of AI technology, in line with the Dubai Annual Plan and the Dubai Economic Strategy “D33”, which aims to double the size of the economy over the next decade.

For the full story, click here.

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UAE News developments

DIFC: Case Management System Upgrade

  • 19/09/202419/09/2024
  • by Hannah Gutang

The DIFC Courts will be upgrading its digital infrastructure with the implementation of a new, improved and streamlined Case Management System (CMS).

The new system implementation will take full effect as of 30 September 2024.

As a result, all DIFC Courts eServices will be suspended as of 4:00 pm on 26 September 2024, until 8:00 am on 30 September 2024.

Services affected during this system transition will include but are not limited to all filings (including claim forms and electronic filing cover sheets), payments of fees, Wills Registry, and bundling services.

Any deadlines that fall within the above stipulated period will be rescheduled to fall on 30 September2024.

Following the launch of the new system, all registered DIFC Courts users will be required to update their respective profiles via a link, which will be shared upon the launch of the upgraded system.

For any urgent applications to be made within the above stipulated period, please contact the Registrar on +971 50 213 8049.

For any further information, please contact the Registry via email: registry@difccourts.ae.

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Abu Dhabi: Interest Free Loan for Marriage Announced News developments

Abu Dhabi: Interest Free Loan for Marriage Announced

  • 19/09/202419/09/2024
  • by Hannah Gutang

Emaratalyoum, 13 September 2024: The Department of Community Development in Abu Dhabi has announced the start of registration for the six initiatives of the Emirati Family Growth Program (Nomu).

This program aims to enhance family formation and stability, aligning with the Abu Dhabi Family Quality of Life Strategy and the wise vision of the leadership.

The program is part of the department’s ongoing efforts to strengthen family cohesion and support young couples and newly formed families of Emirati citizens in the emirate.

The six initiatives offer various benefits, including an interest-free marriage advance of up to AED 150,000 for those about to get married, a discount on housing loans up to AED 40,000, an extension of the repayment period for housing loans, extended maternity leave for mothers working in the private sector, rental assistance of up to AED 75,000 for newlyweds, and home visits.

These initiatives demonstrate the government’s commitment to supporting families and promoting a stable and nurturing environment for the growth and well-being of Emirati families.

For the full story, click here.

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UAE News developments

Dubai: New Law Establishes Advertising Company

  • 13/09/202413/09/2024
  • by Hannah Gutang

Khaleej Times, 12 September 2024: A private joint-stock company (PJSC) named Mada Media Company has been launched.
This company is tasked with managing, developing, and operating advertising sites.
It is also responsible for investing in advertising technology, conducting related research, and ensuring regulatory compliance.
The law allows Dubai’s Roads and Transport Authority (RTA) and Dubai Municipality to delegate all or part of their advertising-related functions and permit issuance to Mada Media.
A concession agreement will facilitate the transfer and registration of advertising-related assets, rights, and obligations from government entities to the company or its subsidiaries.
The law outlines mechanisms for subscription and ownership of the company’s shares, the powers of its Board of Directors, and the human and financial resources it may use.
The company’s shares may be offered for public subscription in ratios determined by the Chairman of The Executive Council of Dubai.

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UAE: Streamlined Process for Withdrawing Absconding Reports Introduced News developments

UAE: Streamlined Process for Withdrawing Absconding Reports Introduced

  • 13/09/202413/09/2024
  • by Hannah Gutang

Khaleej Times, 6 September 2024: The Ministry of Human Resources and Emiratisation (MoHRE) has introduced a simplified process for both domestic workers and employers to file or withdraw absconding reports.

This initiative aims to provide a fair and transparent resolution for all parties involved.

According to the new guidelines, domestic workers can initiate the withdrawal process through MoHRE’s website, application, or by visiting designated domestic worker centres or Tawseel vehicles.

The service is available in all emirates except Dubai, where it can be accessed through the General Directorate of Residency and Foreigners Affairs.

To withdraw an absconding report, domestic workers must provide a copy of their Emirates ID, passport, and have a record of an absconding report lodged by their employer.

After filling out the application and paying the required fee (Dh115 online or up to Dh72 at business centres), MoHRE will verify the validity of the complaint.

Once approved, the worker can cancel the complaint without involving the employer within a week of the cancellation date.

Employers, on the other hand, can log into MoHRE’s portal or use their UAE Pass to submit an application for withdrawing the absconding report.

They must provide copies of the domestic worker’s Emirates ID and passport, and have a record of lodging a complaint against the worker for absence from work.

After paying the applicable fee and verification by MoHRE and the Federal Authority for Identity, Citizenship, Customs and Ports Security, the employer will receive final approval.

The new process aims to streamline the resolution of domestic worker disputes, with the latest amendments mandating that such cases be taken up at the Court of First Instance as a last resort if an amicable settlement cannot be reached with MoHRE.

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