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Force Majeure: Why Your Business Continuity and Disaster Recovery (BCDR) Clauses Matter

Ensure your business thrives amidst disruptions with robust Force Majeure clauses and comprehensive Business Continuity and Disaster Recovery (BCDR) strategies. Learn how to integrate these for resilience and operational continuity.

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Fintech Frontiers: Legal Landscape for Innovation and Sandboxes in The UAE

The UAE offers a dynamic environment for fintech innovation, with various regulatory bodies like the Central Bank of the UAE, ADGM, and DIFC providing supportive frameworks. These include sandboxes and special licenses to facilitate the development and testing of fintech solutions in a controlled setting. However, fintech companies must navigate challenges related to stringent regulatory requirements, data protection, and anti-money laundering compliance.

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Extension of Time Claims Under Fidic Form- Failure to Inform Claims on Time Results In A Loss Of Entitlement Under The Fidic Form

Under the FIDIC Red Book, Sub-Clause 20.2.1 mandates that both employers and contractors provide timely notice of claims. Failure to adhere to this 28-day notice period results in the loss of the right to claim additional time or payment. This principle is enforced strictly in common law jurisdictions, while civil law jurisdictions may offer some leniency based on good faith and local laws.

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Role of Foreign Direct Investment in the Economy of Saudi Arabia

The Kingdom of Saudi Arabia has gone through a remarkable transformation phase, offering many opportunities and possibilities to investors.

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Raising Capitals For Start-Ups in UAE

One of the biggest challenges to establishing a business anywhere in the world is the initial funding, capital, or investment.

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The New Legislative Reforms in The UAE

The President of the UAE, His Highness Sheik Khalifa bin Zayed Al Nahyan has approved a comprehensive reform in the legal system of the country.

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Qatar Issues The FIFA Intellectual Property Law

On 29 July 2021, Emir enacted an important new law, FIFA Intellectual Property Law Number 11 of 2021

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Exclusive Rights Of Israel For Exploration Of Oil And Gas From Saharan Waters

The Moroccan National Office of Hydrocarbons and Mines has signed an agreement with Ratio Petroleum an Israel company.

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Business Migration to UAE

A business migration is a process by which a company transfers its domicile from the country where it is registered to another country.

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Visa Security Deposit Is No Longer A “Bank Guarantee” For DMCC Companies

DMCC Registration Authority, in association with the Dubai Insurance Company, has introduced a new program called Employee Protection Insurance.

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Dubai Road Toll System to Go Public

The word Salik in Arabic means “clear and moving” is the name given to the electronic toll road system within Dubai

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The United Arab Emirates – The Projects of the 50

The United Arab Emirates have announced the “projects of the 50” as a new economic initiative to boost the country’s development.