Planning an event in Abu Dhabi? Whether it's a business seminar, a sports fundraiser, or a cultural festival, securing an event license is essential. The Department of Culture and Tourism (DCT) mandates licenses for various event categories to ensure compliance with local guidelines. Here’s an overview of the process, requirements, and fees involved in obtaining an event license.
Conferences, seminars, and lectures
Trade fairs and consumer exhibitions
Competitions and activity days
Charity sports fundraisers
Indoor and outdoor sports events
Religious ceremonies and lectures
Fundraising events and charity bazaars
Musical performances and fashion shows
Gaming events and cultural activities
Arts and crafts festivals
Social gatherings and cooking festivals
If you're unsure whether your event needs a license, the TAMM platform can guide you through the "Find an Event License" service, which also estimates costs and required permits.
After identifying licensing needs, TAMM’s “Find an Event Venue” service provides venue details, including rentable space, facilities, capacity, and location. You can contact venues directly through the platform to finalize arrangements.
To apply for an event license, the following documents must be submitted:
Event agenda and letter with event details
Passport or Emirates ID for UAE residents
Emirates ID or passport copy for diplomatic cardholders
Recent personal photo
Contract or No-Objection Certificate (NOC) between the organizer and venue owner
Self-introductory form (for GCC and foreign citizens)
Temporary entry permits (for visitors)
Relevant approvals from other authorities
Undertaking letter adhering to DCT guidelines (if serving alcohol)
Passport copy and recent photo (for UAE residents)
Passport copy, UAE visa, and recent photo (for visitors on mission or visit visas)
Specific permits are required for entertainers, with additional documents and fees.
Application Fee: AED 200
Speaker Fee: AED 50 (after security approval)
Entertainer Fee: AED 500
Ticket Fee: 10% of the event ticket revenue (if applicable)
Additional charges include:
AED 500 for late permit submissions or modifications made less than three working days before the event.
Special permits are required for speakers and entertainers.
Events serving alcohol must have a specific permit if the venue lacks a license.
Nightclub and bar participants must be over 21 years old.
Complimentary tickets must follow DCT ticketing guidelines.
Final Steps
The licensing process ensures your event aligns with Abu Dhabi's legal and cultural framework. By using the TAMM platform, organizers can simplify the procedure, find suitable venues, and access clear cost breakdowns, allowing for smooth event execution.
Organizing an event in Abu Dhabi is now streamlined, offering convenience while ensuring full compliance with regulations.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
For many expatriates in the UAE, exchange houses serve as a crucial financial lifeline, especially for those who may not have a UAE bank account or prefer cash transactions. While these establishments are widely known for their affordable remittance services, they offer much more than just sending money overseas. From paying utility bills to booking flight tickets, exchange houses provide a wide range of essential services that simplify daily transactions for residents. Here’s a closer look at what they offer.
One of the most convenient services provided by exchange houses is the ability to pay your utility bills. This includes payments for:
For residents who primarily use cash, this service ensures that they can easily stay on top of their bills without the need for a bank account.
Planning your next trip? Many exchange houses offer flight booking services in partnership with airlines and travel agencies. You can book tickets directly at the exchange house, making it a one-stop shop for travel-related needs.
While exchange houses are renowned for sending money abroad, they also provide value-added features such as same-day transfers, competitive exchange rates, and diverse remittance options, including bank transfers and instant cash pickups.
With the UAE mandating the Unemployment Insurance Scheme (Involuntary Loss of Employment or ILOE), exchange houses have stepped in to make the subscription process simpler for expatriates. You can visit an exchange house to subscribe to ILOE and ensure compliance with this requirement. Additionally, they often accept payments for other types of insurance.
Exchange houses also act as facilitators for various government services. You can pay for:
These services make it easier for individuals without online payment options to complete essential tasks.
For those who use prepaid cards for shopping or travel, many exchange houses offer card top-up services. This allows you to add funds to your card quickly and efficiently, helping you manage your finances without needing a credit card or bank account.
Exchange houses also facilitate payments for:
These services add convenience for residents who rely on cash or wish to avoid online transactions.
Conclusion
Exchange houses in the UAE are far more versatile than just handling remittances. They have evolved into comprehensive service hubs that cater to the diverse financial needs of expatriates and residents. Whether you’re paying bills, booking flights, or subscribing to essential schemes like the ILOE, exchange houses offer convenience, affordability, and reliability. Visit your nearest exchange house to explore these services and simplify your financial transactions today.
The UK government is introducing strict measures to address the exploitation of foreign workers, targeting businesses that abuse the sponsorship system or engage in unethical practices. These new laws aim to protect migrant workers while ensuring fair treatment and accountability in the labour market.
Over recent years, the UK has experienced a surge in migration, largely driven by an influx of workers filling job vacancies across various sectors. While this has helped address workforce shortages, concerns have arisen over the mistreatment of migrant workers by some employers who exploit the sponsorship system.
The new laws seek to curb these practices and uphold the UK’s commitment to fair labour standards.
Ban on Offending Employers Hiring Overseas Staff
Companies found guilty of exploiting foreign workers will face a ban on hiring any additional overseas staff. This measure ensures that rogue employers cannot continue to benefit from the system while engaging in unethical practices.
The UK sponsorship system allows businesses to hire workers from overseas by obtaining a sponsorship license. This system helps ensure that migrants are employed in a legitimate and regulated manner. However, some employers have exploited this process by imposing excessive fees or engaging in unfair labour practices.
For Employers:
Compliance Requirements: Businesses will need to adhere to stricter compliance standards, ensuring transparency in their hiring and employment practices.
Penalties for Violations: Companies found violating these laws may face severe penalties, including the suspension or revocation of their sponsorship licenses.
Improved Protections: The laws are designed to provide greater protection for migrant workers, ensuring fair treatment and safeguarding against exploitation.
Cost Transparency: Workers will no longer face hidden fees or unfair costs related to their employment sponsorship.
The UK has seen a significant rise in migration in recent years, with migrant workers playing a vital role in filling job vacancies across industries like healthcare, hospitality, and construction. However, this growth has also highlighted the need for tighter regulations to prevent exploitation and ensure the system benefits both employers and employees.
While the new laws aim to address exploitation, some critics have raised concerns about their potential impact on businesses, particularly small and medium-sized enterprises (SMEs) that rely heavily on migrant workers. There are also questions about the enforcement of these laws and whether sufficient resources will be allocated to monitor compliance effectively.
Conclusion
The UK government’s crackdown on the exploitation of migrant workers represents a significant step towards protecting workers’ rights and maintaining ethical labour practices. By targeting rogue employers and eliminating unfair charges, these measures aim to create a fairer and more transparent employment system. Businesses will need to adapt to these changes, ensuring compliance to avoid penalties and contribute to a more equitable labour market.
For migrant workers, these laws promise greater security and a more dignified work environment in the UK.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE continues to demonstrate the success of its economic diversification strategy, as corporate earnings for the third quarter of 2024 bucked the wider GCC trend of declining profits. According to Kamco Invest’s GCC Corporate Earnings Report: Q3 2024, the UAE’s listed companies showed robust growth, contrasting sharply with an aggregate decline of 3.3% in profits across GCC exchanges.
This strong performance underscores the resilience of the UAE’s non-oil sectors, even as the energy sector across the GCC faced a significant decline of 18.5% YoY in profits, dropping to $28.5 billion.
Sector Contributions in Dubai
Earnings growth in Dubai was led by the banking, telecom, and real estate sectors, which accounted for 87.7% of aggregate profits on the exchange in Q3 2024. Out of 13 sectors listed on the Dubai Stock Exchange:
For the first nine months of 2024, Dubai’s total net profits rose by 14.8% YoY to $18.0 billion, compared to $15.7 billion during the same period in 2023.
Abu Dhabi’s listed companies saw a 9.3% YoY increase in profits for the first nine months of 2024, totaling $25.2 billion.
Other sectors, including transportation and capital goods, also contributed significantly to earnings growth in Q3 2024.
Across the GCC, declining profits in the real estate and F&B sectors weighed down overall earnings. However, gains in the banking and materials sectors provided some relief:
For the first nine months of 2024, GCC banking profits rose by 10.7% YoY to $44.0 billion. However, the energy sector experienced a 9.8% decline, dropping to $89.1 billion.
Conclusion
The UAE’s corporate performance in Q3 2024 stands as a testament to the effectiveness of its economic diversification efforts, with non-oil sectors driving growth and offsetting regional declines. Key sectors such as banking, real estate, and energy continue to play a pivotal role, positioning the UAE as a resilient and dynamic economy within the GCC.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
A massive Ponzi scheme orchestrated by the Heera Group defrauded thousands of investors across Southeast Asia and the Middle East. Victims are now being encouraged to file claims with India’s Serious Fraud Investigation Office (SFIO) to recover their funds.
Once touted as a thriving conglomerate in gold trading, textiles, and food services, the Heera Group promised high returns through "halal" investment plans. However, investigations revealed the operations to be fraudulent, leaving tens of thousands of investors in financial ruin.
Victims are advised to gather documentation such as bank statements, identity proof, payment receipts, or unit certificates related to their investments and send notarized copies to the SFIO's Telangana office. Recent developments include court-mandated liquidation of the group’s properties and directives for the managing director to deposit significant amounts as part of repayment efforts.
The investment schemes, marketed as Heera Gold, Heera Textiles, and Heera Foodex, attracted thousands of participants, including between 50,000 and 100,000 from the Middle East. Many lost their life savings in the fraudulent plans.
Legal experts caution that pursuing civil claims in the UAE can be expensive, with court fees and legal costs posing barriers. Additionally, the group's lack of proper regulatory licenses in the UAE complicates legal proceedings under local laws. Investors are urged to coordinate with Indian authorities through diplomatic and legal channels, as this approach is deemed more cost-effective and offers a higher likelihood of recovery.
India’s Enforcement Directorate has traced billions in illegally collected funds and identified assets worth millions linked to the group. Despite the challenges, filing a claim through the SFIO remains the most practical recovery option for affected investors in the Middle East.
Authorities continue to investigate the Heera Group’s fraudulent activities, emphasizing the importance of swift action by victims to reclaim their investments.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Central Bank of the UAE, in partnership with Abu Dhabi Police and Dubai Police, has issued a public alert to raise awareness about six prevalent types of cyber scams. This collaborative effort is aimed at protecting residents from financial fraud and ensuring they stay vigilant against the growing threat of cybercrime.
Authorities have emphasized the importance of identifying red flags in communications from potential fraudsters. Scammers often use poorly written messages with spelling and grammatical errors, a key indicator that the communication is not legitimate. Residents are urged to be cautious and avoid engaging with senders of suspicious messages.
The Six Common Cyber Scams
The UAE authorities have provided several tips to help the public safeguard themselves against cyber scams:
This warning is part of a broader initiative by UAE authorities to combat cybercrime and protect residents from financial losses. The Central Bank and police forces continue to monitor cyber threats and educate the public on the latest scams.
If you suspect you have been targeted by a cyber scam, take the following steps:
The UAE Central Bank and police emphasize that protecting against cybercrime is a shared responsibility. By staying vigilant, adopting safe online practices, and reporting suspicious activities, residents can help combat fraud and contribute to a safer digital environment for all.
The UAE has enacted a federal law to regulate non-profit art institutions, fostering a vibrant creative economy. The law provides significant benefits, including tax incentives, simplified licensing, and opportunities for cultural and artistic growth.
Key Features of the Law
Support for Art Institutions: Art institutions can accept endowments, grants, donations, wills, gifts, and sponsorships under legal guidelines. They also qualify for corporate tax exemptions and customs exemptions for art collections used in exhibitions.
Simplified Licensing: Local authorities or the Ministry of Culture manage streamlined licensing procedures, covering a range of artistic activities like visual and audio arts, performing arts, literature, and music.
Encouraging Private Initiatives: Natural and legal persons can establish private museums, exhibitions, and theatrical performances after obtaining necessary permits.
Promoting Cultural Values
The law promotes public art displays and accessibility, encourages artistic activities that instill values of tolerance and coexistence, and emphasizes the UAE's role as a global hub for the arts.
Regulations and Compliance
Artistic institutions must adhere to licensing requirements and are prohibited from inciting hatred or sectarian, racial, or religious conflicts through their activities.
These initiatives aim to enhance the UAE’s cultural landscape and stimulate its position as a leader in the global creative economy.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
In a decisive move, a Dubai court has ordered the seizure of medical equipment and assets from a healthcare facility to settle unpaid salaries of its employees, including doctors and nurses, and to address significant debts owed to creditors.
Following a site inspection in March by a court-appointed executor, the clinic's assets, including advanced diagnostic tools and essential medical equipment, were catalogued and seized. Notable items confiscated include:
The enforcement action was taken after the facility failed to meet its financial obligations to employees and creditors. The confiscated assets will be used to recover outstanding dues, bringing some relief to staff members who endured months without pay.
While the decision marked the end of operations for the clinic, it provided a long-awaited resolution for affected staff. Employees expressed a mix of emotions:
The court’s action underscores the importance of holding organizations accountable for their financial commitments, ensuring that workers and creditors receive the compensation they are owed.
This move not only sets a precedent for addressing similar disputes but also brings closure to a challenging chapter for the healthcare facility's employees and stakeholders.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
As the year-end approaches, businesses across the UAE find themselves in a familiar frenzy: wrapping up financials, locking in budgets, and strategizing for the coming year. Among these crucial tasks, annual insurance renewals often become a rushed affair. However, a more structured approach to insurance planning can help businesses mitigate risks effectively while optimizing costs.
Most corporate insurance renewals in the UAE take place during the last quarter of the year. Amid the pressure to finalize budgets and address operational priorities, insurance often receives minimal attention, resulting in hasty decisions. This "last-minute" approach can lead to overlooked risks, inadequate coverage, and potentially higher premiums.
According to Suresh Nair, a financial advisor, the insurance landscape in 2025 reflects emerging market trends and new realities, including the unpredictability of weather patterns, increasing cyber threats, and evolving regulatory requirements. These changes underscore the need for businesses to adopt a proactive and comprehensive strategy for their insurance needs.
Conclusion
The end-of-year rush often leaves businesses scrambling to renew insurance policies without fully addressing their evolving risks or exploring cost-saving opportunities. By adopting a proactive approach, UAE businesses can improve their risk coverage, optimize costs, and align policies with current and future needs.
As the 2025 renewal season reflects new market realities, such as unpredictable weather, rising cyber threats, and evolving regulatory demands, businesses that prioritize insurance planning will be better positioned to thrive in the face of uncertainty. With early preparation and expert guidance, insurance renewals can transition from a rushed task to a strategic advantage.
Starting a business in the UAE is a promising venture for entrepreneurs, offering numerous opportunities and a business-friendly environment. However, understanding and planning for taxes is a critical aspect of setting up a successful enterprise. The UAE offers a competitive tax structure tailored to attract investors and entrepreneurs, but compliance and strategic planning are key to maximizing profitability while staying within legal boundaries.
Entrepreneurs are the backbone of any economy, driving innovation, creating jobs, and bringing new ideas to life. While they enjoy the rewards of their ventures, they also shoulder significant risks. Tax planning is an essential component of managing those risks effectively.
According to Masher Suleiman, a tax planning associate in Abu Dhabi, "When creating a new business, one thing is clear. Although an entrepreneur bears most of the risks, they enjoy most of the rewards too. The entrepreneur is seen as an innovator, a source of new ideas, goods, services, and business procedures."
To make the most of the UAE’s tax system, entrepreneurs must familiarize themselves with the regulatory landscape, leverage available exemptions, and ensure compliance from the outset.
Staying compliant with tax laws not only avoids penalties but also enhances your business's credibility with stakeholders, including investors, customers, and regulatory authorities. Moreover, leveraging tax incentives and exemptions can reduce costs and improve profitability, giving entrepreneurs a competitive edge in the market.
The UAE’s tax system is designed to support entrepreneurial ventures while ensuring regulatory compliance. By understanding the tax landscape, leveraging available exemptions, and adhering to reporting requirements, entrepreneurs can minimize tax liabilities and focus on growing their businesses.
Strategic tax planning from the outset ensures not only compliance but also the financial health of the business, helping entrepreneurs turn their ideas into successful ventures in the UAE’s dynamic market.
After the UAE canceled the EmSAT entrance exam earlier this month, the Ministry of Higher Education and Scientific Research has granted universities greater autonomy to define their admission criteria. Universities can now develop their own guidelines while aligning with national educational objectives to maintain quality outcomes.
This shift aims to prioritize subject-specific achievements over overall grade averages, ensuring students are assessed based on their strengths in fields related to their chosen majors. Ahmad Ibrahim Alsaadi, Acting Assistant Undersecretary for Higher Education Operations, emphasized, “Universities understand their students best. This flexibility allows them to tailor admission processes to suit academic and industry needs.”
With the removal of EmSAT as a mandatory requirement, universities have introduced alternative evaluation methods. For instance, Dr. Yousef M. Al Assaf, President of Rochester Institute of Technology Dubai, stated that their admission process will continue using placement tests in subjects like Physics, Math, and English, alongside IELTS or TOEFL for English proficiency. Similarly, Nahid Afshan, Head of Admissions at BITS Pilani Dubai Campus, mentioned that high school performance in relevant subjects will now play a critical role in their criteria.
For STEM programs, students will need strong grades in subjects like Chemistry, Physics, or Biology. This approach ensures that admission decisions are closely tied to a student’s aptitude in their chosen field.
To support students, universities will provide clear and accessible information on admission requirements, including bridge programs and preparatory courses. Students are encouraged to contact institutions directly to explore their eligibility for specific majors.
The revamped NAPO 2.0 system, introduced by the ministry, allows students to submit unlimited applications and track admissions year-round. Covering over 20 universities, the system is set to expand, streamlining the process and enabling students to explore multiple opportunities with ease.
The ministry’s new framework focuses on measuring educational outcomes rather than regulating admissions. Universities are now responsible for setting criteria to meet six key pillars that connect education with workforce readiness:
By focusing on subject-specific performance and providing universities with the tools to create tailored admission processes, the UAE’s new policies aim to enhance the quality of education and align it with global and local job market demands.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Securing a job in the UAE is a dream for many, but job and visa fraud remain significant risks for those seeking opportunities in the region. Opportunistic individuals often exploit this demand, leading to scams targeting job seekers.
To ensure the authenticity of a job offer in the UAE, it is essential to verify the offer letter issued by the Ministry of Human Resources and Emiratisation (MOHRE). Here’s how you can confirm its legitimacy and protect yourself from fraud:
By taking these steps, you can safeguard yourself from scams and ensure your job offer is genuine. Protect your ambitions by staying informed and vigilant.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Emirates ID is more than just a residency card for UAE residents. Embedded with an electronic chip, this card holds encrypted personal data that can be accessed by authorized authorities, making it an indispensable part of daily life in the UAE.
Here are eight significant benefits of the Emirates ID that simplify life for residents:
The Emirates ID is more than just a residency card for UAE residents. Embedded with an electronic chip, this card holds encrypted personal data that can be accessed by authorized authorities, making it an indispensable part of daily life in the UAE.
Here are eight significant benefits of the Emirates ID that simplify life for residents:
UAE residency opens doors to visa-free or visa-on-arrival travel to numerous destinations, granting residents seamless travel experiences to popular global locations.
At select ADNOC petrol stations, residents can link their Emirates ID to an ADNOC wallet and use it to pay for fuel, eliminating the need for credit cards.
Gone are the days of carrying separate health insurance cards. The Emirates ID now includes all necessary information for accessing healthcare services.
Residents can check their visa status online using their Emirates ID via the GDRFA (for Dubai) or ICP (for UAE) portals, ensuring up-to-date visa information at their fingertips
Residents can check their visa status online using their Emirates ID via the GDRFA (for Dubai) or ICP (for UAE) portals, ensuring up-to-date visa information at their fingertips
The Emirates ID provides access to a wide range of government services through online portals, including the Ministry of Human Resources and Emiratisation and the Ministry of Interior.
An Emirates ID is mandatory for applying for a UAE driver's licence, a vital document for residents aiming to drive in the country.
The Emirates ID’s versatility underscores its role as a vital tool for residents, from enhancing travel experiences to simplifying day-to-day activities. With its range of functionalities, this card is a testament to the UAE's commitment to leveraging technology for convenience and efficiency.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Whether you're a resident or a visitor in the UAE and planning to purchase or consume alcohol, it's important to understand the regulations surrounding alcohol use in the country. The UAE has strict laws regarding the sale, consumption, and possession of alcohol, and it’s crucial to be aware of whether you need an alcohol licence to buy or drink alcohol. In this guide, we break down everything you need to know about alcohol regulations in the UAE, including the requirements for obtaining a licence and the rules for each emirate.
In the UAE, alcohol can only be consumed in licensed establishments or in private settings. The laws are designed to regulate the availability and consumption of alcohol while maintaining public safety and order. It’s essential to note that while alcohol is widely available in certain areas of the country, there are significant differences in alcohol regulations across the various emirates.
In most cases, yes, you will need an alcohol licence if you are a resident and plan to purchase alcohol for private consumption. Visitors, on the other hand, generally do not require an alcohol licence for consumption in licensed venues, such as hotels, bars, or restaurants. However, the situation may vary depending on the emirate you are in.
Here’s a breakdown of alcohol licence requirements and regulations by emirate:
Dubai has liberalized its alcohol regulations, but residents still need an alcohol licence to purchase alcohol for personal use. This applies to non-Muslim residents, who can apply for a personal alcohol licence through one of the designated retail outlets, such as MMI (Maritime and Mercantile International) or AFS (African and Eastern).
The legal drinking age in Dubai is 21 years. This age applies to both consumption and purchase of alcohol, regardless of whether you are in a public or private setting.
In Abu Dhabi, residents can purchase alcohol for personal use with a licence, similar to Dubai. However, there have been recent developments that allow for more flexibility in certain areas, such as reduced restrictions on purchasing alcohol in stores.
The legal drinking age in Abu Dhabi is 18 years for non-Muslim residents.
Sharjah, unlike its neighboring emirates, maintains stricter alcohol laws. Alcohol consumption and possession are prohibited in public in Sharjah, and no alcohol licences are issued. The emirate follows a stricter interpretation of Islamic law, which prohibits the sale or consumption of alcohol within its borders.
Although alcohol is banned, the legal drinking age for areas where alcohol is permitted in the UAE is 18 years.
Ras Al Khaimah is one of the more liberal emirates in terms of alcohol consumption. Visitors to hotels and licensed venues do not require an alcohol licence to consume alcohol. However, residents are still required to obtain an alcohol licence to purchase alcohol for private use.
The minimum legal drinking age in Ras Al Khaimah is 21 years.
Like Ras Al Khaimah, Fujairah has relatively relaxed rules around alcohol. Alcohol is sold in licensed venues, and there are no restrictions for visitors consuming alcohol in these areas. Residents, however, must still hold an alcohol licence to purchase alcohol for personal use.
The legal drinking age in Fujairah is 21 years.
Umm Al-Quwain also offers a more relaxed approach to alcohol consumption, with several hotels and licensed venues offering alcohol to visitors. However, residents must hold a personal alcohol licence to purchase alcohol for private use.
The legal drinking age is 18 years in Umm Al-Quwain.
For residents in emirates like Dubai and Abu Dhabi, applying for an alcohol licence typically involves the following steps:
Understanding the alcohol regulations in the UAE is crucial for both residents and visitors. While most emirates allow alcohol consumption in licensed venues, obtaining an alcohol licence is required for purchasing alcohol for personal use in many areas, particularly for residents. Always ensure you are abiding by local laws and respect cultural sensitivities when consuming alcohol in the UAE. With the right information, you can enjoy alcohol responsibly while avoiding legal issues.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Dubai Land Department (DLD) has introduced three essential real estate services on the Dubai Now platform, providing a unified, streamlined experience for users. This move aligns with DLD’s commitment to enhancing service accessibility and flexibility in response to customer needs, allowing easy access on multiple platforms and smart devices.
Through Dubai Now, users can access:
This initiative supports Dubai’s Services 360 policy, focused on delivering seamless, integrated, and customer-centric government services.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
If you’re a subscriber to the UAE’s Involuntary Loss of Employment (ILOE) insurance scheme and have missed the renewal deadline, you may face a Dh400 late renewal fine. Timely payment is essential, as failure to clear the fine could lead to the cancellation of your ILOE subscription.
The Ministry of Human Resources and Emiratisation (MOHRE) records these fines through the ‘ILOE Quick Pay’ portal, which you can use to verify any outstanding penalties and make payments.
Staying updated with your policy renewal is essential to avoid penalties and ensure continued protection under the ILOE scheme.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai motorists who fail to adhere to lane discipline are now facing strict penalties as part of a crackdown on unsafe driving practices. Dubai Police recently announced that drivers caught violating mandatory lane rules will be fined Dh400, with their vehicles impounded for 14 days. This enforcement falls under Article 86 of the UAE’s Federal Traffic Law of 2017, aiming to enhance road safety and reduce reckless driving.
The police are utilizing smart traffic cameras to detect lane violations, capturing footage of vehicles swerving between lanes or failing to stick to designated lanes. The video released by authorities highlights the risks posed by these violations to both the offending drivers and others on the road.
In a continued effort to promote safety, Dubai Police have also increased penalties for other traffic offenses. For instance, drivers caught using mobile phones while driving, tailgating, or making sudden deviations may face a 30-day vehicle impoundment in addition to fines ranging between Dh400 and Dh1,000, and an assignment of four black points to their driving record.
These measures reflect Dubai’s commitment to upholding road safety standards and discouraging practices that endanger lives.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
An Abu Dhabi resident recently became the target of a Bitcoin scam, leading to the hacking of her Instagram account and subsequent fraud on her followers. The scammers managed to lure her contacts into losing tens of thousands of dirhams by promising substantial returns on fake investments.
It all started when Tamim, a Palestinian Canadian first-aid trainer, received a message from someone impersonating the brother of an old friend. The scammer persuaded her to invest in Bitcoin, asking her to share a code sent to her phone. Upon sharing it, Tamim lost access to her Instagram account, which the hackers then used to send her followers enticing images of golden coins and cash, coupled with messages suggesting large profits.
While Tamim herself avoided monetary loss, several of her followers fell for the trap. Over the next two weeks, the hacker managed to deceive multiple victims, with one follower losing $30,000, thinking it was a genuine invitation to invest. Others from Dubai and Saudi Arabia lost substantial sums, borrowing money from family or using credit cards to make payments, believing they were joining a lucrative opportunity.
After multiple unsuccessful attempts to recover her account through Instagram, Tamim ultimately paid a local IT agent to close it, realizing the extent of the harm being done. She has since opened a new account and is now more cautious, avoiding messages from unknown contacts and refraining from opening suspicious links.
Lt Col Ali Al Nuaimi, Head of Cyber Crime Security at Abu Dhabi Police, emphasized that such incidents often occur through social engineering rather than direct hacking. Scammers trick users into handing over login details, then use these accounts to deceive friends and followers. According to Al Nuaimi, this tactic is a common method for cybercriminals to gain trust and carry out fraudulent activities under a guise of familiarity.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
UAE passport holders who have lost or damaged their passport no longer need to make a personal visit to apply for a replacement. The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced a new online process that allows citizens to conveniently apply for passport replacements electronically. Accessible via the ICP website or the UAEICP mobile app, this new system streamlines the process, making it quicker and more accessible.
The ICP has provided UAE nationals with two digital platforms for replacing lost or damaged passports:
Applicants are advised to provide accurate and up-to-date information when completing the application. Any errors in the details submitted could delay the replacement process or lead to complications. Here’s a checklist of the information and documentation generally needed:
The digitalization of passport replacement offers several advantages:
Important Notes
Final Thoughts
With the introduction of an online application process for replacing lost or damaged passports, the UAE’s ICP has made a significant stride toward more accessible and efficient public services. UAE passport holders can now replace their passports with ease, reflecting the nation’s commitment to utilizing digital solutions for enhanced convenience and accessibility.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
With the implementation of the UAE’s new traffic law, Federal Decree-Law No. 14 of 2024 on Traffic Regulation, drivers must now be even more vigilant about road safety and compliance. Scheduled to take effect next year, this law outlines several serious offenses that could result in imprisonment. Article 31 of the decree grants the Traffic Control Authority the power to arrest individuals who commit certain high-risk traffic violations. Here’s a look at the six major traffic crimes that, under the new regulation, could potentially land you behind bars.
Driving under the influence of alcohol is a serious offense that endangers not only the driver but everyone on the road. The new law maintains zero tolerance for drunk driving, and those found guilty of this crime could face immediate arrest and jail time. Authorities are equipped with breathalyzers and other methods to ensure that anyone operating a vehicle is sober and fit to drive.
Reckless driving, characterized by behaviors like excessive speeding, swerving, and ignoring traffic signals, poses a significant threat to public safety. This form of negligent behavior reflects a disregard for the law and the well-being of others on the road. The new traffic law mandates stricter penalties, including the possibility of jail time for those who drive recklessly.
Refusing to comply with instructions from the Traffic Control Authority, such as failing to stop when directed by police or obstructing officers in their duties, is considered a serious offense. Cooperation with traffic authorities is crucial for the smooth regulation of road safety, and under the new law, non-compliance can lead to arrest.
Street racing is illegal and highly dangerous, not only for participants but also for bystanders and other road users. Engaging in unauthorized races demonstrates a blatant disregard for public safety, and the new decree strictly penalizes such actions. Offenders could face jail time if caught engaging in or organizing illegal races.
If a driver’s actions directly result in injuries or harm to other individuals, it’s treated as a serious crime. The UAE’s legal system places a high emphasis on accountability for one’s actions on the road, and causing harm due to traffic violations can lead to severe consequences, including jail time.
Speed limits are set to maintain order and ensure the safety of all road users. Excessive speeding, especially in areas with high pedestrian traffic or low speed limits, is a major violation. When speed becomes excessive to the point where it endangers others, it’s classified as a serious offense under the new traffic law and could result in imprisonment.
The Traffic Control Authority, responsible for overseeing traffic regulation and enforcement, has been granted the authority to arrest drivers who commit any of these offenses. This includes police commands and other regulatory bodies under the Ministry of Interior. With these enhanced enforcement capabilities, authorities aim to reduce accidents and maintain higher safety standards on UAE roads.
The UAE’s new traffic law aims to establish a stronger framework for road safety, emphasizing accountability and deterrence for dangerous driving behaviors. As this law comes into effect, drivers should exercise caution and adhere strictly to traffic regulations to avoid the risk of imprisonment and to ensure safer roads for all.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
With the introduction of Federal Decree-Law No. 14 of 2024, the UAE has intensified its stance on traffic safety by implementing stringent penalties for driving under the influence of alcohol, psychotropic, or narcotic substances. This new law, which will come into effect on March 29, 2025, aims to enhance road safety, reduce traffic accidents, and enforce a zero-tolerance approach to impaired driving. The law mandates substantial fines, imprisonment, and the suspension or cancellation of licenses for violators, reinforcing the UAE's commitment to maintaining strict traffic regulations.
Federal Decree-Law No. 14 of 2024 on Traffic Regulation introduces various penalties tailored to address the gravity of driving under the influence. These measures include:
Individuals caught driving under the influence of alcohol or narcotics face severe consequences, including both imprisonment and significant fines. While specific fine amounts are yet to be disclosed, the hefty penalties are designed to act as a deterrent and emphasize the UAE’s zero-tolerance policy for impaired driving.
One of the most notable aspects of the new law is the strict license-related penalties for repeat offenders. For individuals who repeatedly violate the law, the decree allows for:
The decree also includes provisions that may require offenders to attend mandatory rehabilitation programs. These programs are intended to address substance abuse issues and prevent future offenses by providing individuals with the necessary support and resources to modify their behavior
The law provides for the possible confiscation of the offender’s vehicle. Confiscation periods and terms will be determined by the severity of the offense, with stricter penalties applied to cases involving narcotics or psychotropic substances.
The law distinguishes between alcohol and narcotics or psychotropic substances, recognizing that the latter pose a significant risk to road safety. Those caught driving under the influence of narcotics or psychotropic substances face the highest levels of punishment, reflecting the UAE’s strong stance against drug use and impaired driving.
The implementation of Federal Decree-Law No. 14 of 2024 has significant implications for all drivers, particularly expatriates and frequent visitors. Key takeaways include:
Given the new regulations, residents and visitors alike are advised to remain informed about the UAE’s stringent laws regarding alcohol consumption and driving. Those planning to consume alcohol should consider alternative transportation options, such as taxis or designated drivers, to avoid putting themselves and others at risk. Moreover, for expatriates and UAE residents with valid driving licenses, legal consultation and awareness can provide a clearer understanding of their rights and obligations under the new law.
The UAE’s commitment to traffic safety is clear, and the enactment of Federal Decree-Law No. 14 of 2024 reinforces the country’s dedication to reducing road accidents and improving public safety. It is essential for all drivers to familiarize themselves with these new regulations, ensuring compliance and avoiding penalties.
This new law marks a critical shift in the UAE’s approach to road safety, with a zero-tolerance policy for impaired driving. By emphasizing strict penalties and accountability, the UAE aims to foster safer roads and a more responsible driving culture.
the local manufacturing of a diverse range of products within its supply chain. Announced at ADNOC's Business Partnership Forum during ADIPEC, these contracts are part of ADNOC's In-Country Value (ICV) programme, supporting the UAE’s “Make it in the Emirates” (MIITE) initiative.
Through its ICV programme, ADNOC aims to enhance local manufacturing capacity, foster self-sufficiency, and drive economic growth. So far, ADNOC’s partnerships have led to the establishment of 16 UAE-based manufacturing facilities this year, with eight newly inaugurated at ADIPEC, bringing the total to 33 since MIITE began.
At the forum, ADNOC unveiled its "Responsible Sourcing Programme," a new initiative promoting transparency and sustainable procurement in its supply chain. Yaser Saeed Almazrouei, ADNOC's Executive Director, emphasized ADNOC’s commitment to generating long-term value for the UAE by fostering collaborations with the private sector, inviting both UAE and international companies to explore emerging opportunities in manufacturing.
Since the ICV programme launched in 2018, ADNOC has reinjected AED187 billion ($51 billion) into the UAE economy and aims to add another AED178 billion by 2028. In partnership with NAFIS, the programme has created 14,000 job opportunities for Emiratis, with plans for an additional 13,500 jobs by 2028.
ADNOC's Business Partnership Forum served as a collaborative platform, uniting suppliers, UAE businesses, and government leaders to drive socioeconomic progress and strengthen the UAE’s industrial ecosystem through public-private partnerships.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Dubai Financial Services Authority (DFSA) has fined Vedas International Marketing Management $100,000 (Dh367,000) for unauthorized and deceptive financial promotions involving the Multibank Group. The DFSA announced that Vedas Marketing misled individuals within the Dubai International Financial Centre (DIFC), falsely claiming that certain Multibank Group entities were regulated by the DFSA, when in fact, they were not.
DFSA CEO Ian Johnston emphasized the authority’s commitment to maintaining DIFC’s integrity and reputation, stating that firms misleading the public about their regulatory status or location will face strict action.
While the DFSA's decision does not allege any misconduct by the Multibank Group itself, Vedas Marketing contested the ruling by referring it to the Financial Markets Tribunal (FMT) on June 2, 2024. However, the FMT dismissed the referral on July 22, 2024, as Vedas Marketing failed to pay the required filing fee.
Meanwhile, the DFSA saw significant growth in the first half of 2024, authorizing 61 new firms—a 22% increase from 2023. The wealth management sector experienced a notable 62% surge, reinforcing DIFC’s position as a regional leader in private banking and asset management. DIFC now hosts 27 of the 29 global systemically important banks (G-SIBs), underscoring its vital role in global finance.
The UAE government has introduced a new traffic law that imposes severe penalties on individuals caught driving under the influence of alcohol or narcotics. Set to come into effect on March 29, 2025, Federal Decree-Law No. 14 of 2024 aims to curb dangerous driving behaviours and enhance road safety across the country.
The law, issued in September 2024, addresses a range of driving offenses, with a particular focus on combating impaired driving. The new regulations stipulate significant consequences for offenders, including heavy fines, jail time, and suspension or revocation of driving licenses for repeat violations.
Federal Decree-Law No. 14 of 2024 outlines strict measures to deter drivers from engaging in unsafe practices, particularly driving under the influence of alcohol, narcotics, or psychotropic substances. The law aims to create a safer environment on UAE roads by targeting behaviors that contribute to traffic accidents and fatalities. Here’s a closer look at the new regulations:
1. Imprisonment and Hefty Fines
2. Licence Suspension and Cancellation
3. Increased Focus on Road Safety and Public Awareness
The UAE has long been committed to improving road safety and has introduced various laws over the years to address issues such as speeding, reckless driving, and distracted driving. However, driving under the influence remains a pressing concern, particularly in major cities like Dubai and Abu Dhabi, where high volumes of traffic increase the risk of accidents.
By introducing Federal Decree-Law No. 14, the UAE is aligning itself with international best practices for traffic safety. The law comes at a time when impaired driving has been identified as one of the leading causes of accidents in the region. Officials believe that stricter regulations are essential to protect both drivers and pedestrians.
The new law serves as a strong warning to residents, expatriates, and visitors who may underestimate the seriousness of driving under the influence. UAE authorities have made it clear that there will be no leniency for those who jeopardize public safety. For expatriates, these offenses could lead to severe legal consequences, including imprisonment, which could impact their residency status and employment.
The strict penalties are expected to act as a deterrent, discouraging individuals from engaging in behaviors that compromise their judgment and reaction times while on the road.
The UAE government has been proactive in enforcing traffic laws, with regular patrols, surveillance cameras, and traffic checkpoints set up across the country. To enforce the new decree, authorities are likely to increase inspections and strengthen monitoring measures to ensure that individuals comply with the regulations.
In addition to on-the-ground enforcement, the government may leverage technology to monitor and detect impaired driving. This includes advanced systems for identifying erratic driving patterns, which can signal potential alcohol or drug use.
The announcement of the new law has sparked discussion among residents, many of whom welcome the government’s proactive stance on road safety. Social media reactions suggest that a significant portion of the community supports the strict measures, acknowledging that they are necessary to address the alarming rate of traffic accidents linked to impaired driving.
Nevertheless, some concerns have been raised about how these regulations might affect individuals who may unknowingly consume substances that impair their driving ability. As a result, it is essential for residents to exercise caution and ensure they are fully aware of what they consume before getting behind the wheel.
Federal Decree-Law No. 14 of 2024 is part of a broader strategy to enhance public safety and reduce road-related fatalities in the UAE. By introducing severe consequences for impaired driving, the UAE government is reaffirming its commitment to a safer future for all road users.
As the country’s population continues to grow, particularly in high-traffic areas like Abu Dhabi and Dubai, these measures are expected to play a crucial role in maintaining public order and ensuring the safety of residents and visitors alike.
In conclusion, the UAE's new traffic law represents a significant step forward in the nation’s journey towards achieving safer roads. By taking a tough stance against impaired driving, the government is sending a clear message: the safety of the community comes first, and endangering lives on the road will not be tolerated.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
The UAE's population has surged, particularly in Abu Dhabi and Dubai, influencing job markets and starting salaries, according to a recent study. Recruitment consultancy Robert Half’s 2025 Salary Guide reveals that increased competition from expatriates has contributed to a 0.7% drop in average starting salaries for professional roles in the UAE. In finance, accounting, and human resources, salaries faced the steepest decline, with corporate accounting roles seeing reductions as high as 23%.
"It’s now common for companies to receive over 2,000 applications for a single position," shared Gareth El Mettouri, Director for the Middle East at Robert Half, noting that legal and tech roles tend to attract fewer candidates. Demand remains for accounting professionals, particularly those skilled in financial planning and tax, but the influx of expats arriving without jobs is lowering market value in these sectors.
Despite this trend, some fields, like in-house legal roles, are experiencing salary increases. Starting salaries for mid-level legal counsel rose by 1.6%, with average starting salaries seeing a 15% boost. This demand is driven by growing global interest in UAE businesses, especially among companies exploring initial public offerings, which require experienced legal teams.
Dubai’s population hit 3.798 million as of November 2024, up by 140,000 this year, while Abu Dhabi’s 2023 census recorded 3.789 million residents, reflecting an 83% increase since 2011.
As a thriving hub for trade, luxury brands, and a growing consumer base, the UAE faces unique challenges in combating counterfeit goods and brand infringement. To preserve market integrity, the UAE has implemented robust anti-counterfeiting laws and regulations that align with international standards. This article explores the UAE's legal framework for anti-counterfeiting, notable cases, and the practical steps brands can take to protect their intellectual property (IP) in the region.
The UAE takes a comprehensive approach to combating counterfeiting, with laws covering trademarks, copyrights, patents, and general intellectual property rights:
Enforcing anti-counterfeiting laws requires coordinated efforts across federal and local levels, involving:
The UAE has seen significant cases that demonstrate its commitment to protecting IP rights and fighting counterfeits:
The UAE enforces strict penalties for counterfeit activities, designed to deter would-be infringers:
Brands operating in the UAE can take several proactive steps to protect their products and reputation:
The UAE’s location as a global trade center brings specific cross-border challenges, especially with counterfeit goods entering via international ports. By implementing international treaties, such as the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), and collaborating with global partners, the UAE strengthens its efforts against counterfeiting on an international level.
In addition, the UAE has been actively cooperating with the World Intellectual Property Organization (WIPO) to raise awareness, improve local enforcement, and align its policies with global standards. This ensures that brands, both local and international, have a secure environment for their products and intellectual property in the UAE.
Conclusion
As the UAE solidifies its status as a regional leader in trade and luxury markets, protecting intellectual property remains crucial to maintaining trust and integrity in its economy. With its rigorous anti-counterfeiting laws, proactive enforcement, and international collaborations, the UAE offers a robust framework for businesses to safeguard their brands. However, staying vigilant and taking proactive measures is essential, as counterfeiting remains a constant threat in today’s globalized world. By understanding UAE laws, monitoring markets, and collaborating with local authorities, brands can better protect their reputation, revenues, and most importantly, consumer safety.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE Government’s Annual Meetings commenced today in Abu Dhabi, uniting over 500 prominent officials from across the nation. The meetings opened with a special Cabinet session, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai. During this gathering, the UAE Cabinet approved a new National Anti-Narcotics Strategy aimed at intensifying efforts against drug trafficking both domestically and internationally.
This strategic move builds on the prior establishment of the National Council Against Drugs, introduced by Sheikh Mohammed during a Cabinet meeting in June 2023. The strategy seeks to bolster deterrence against drug dealers through a comprehensive approach involving federal and local authorities.
In addition to this initiative, the Cabinet ratified 22 international agreements. These agreements cover a range of partnerships in economic and commercial sectors, as well as cooperative efforts in legal, judicial, educational, and research fields. They also include memoranda of cooperation in energy and competitiveness with 17 countries, reflecting the UAE’s commitment to strengthening global partnerships.
On his official X account, Sheikh Mohammed highlighted the significance of the annual meetings, describing them as “a crucial national gathering” that reinforces cooperation between federal and local bodies, which he noted as "an essential path for accelerating the UAE’s development."
The UAE continues to enhance its global presence and diplomatic ties, emphasizing its dedication to building strong international bridges in an ever-evolving global landscape.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
As brand recognition grows, so does the risk of counterfeit threats—especially in the UAE’s flourishing luxury market, which includes premium fashion, cosmetics, electronics, and automotive products. Beyond counterfeit goods, high-end brands often face challenges from unauthorized sales channels, or “grey goods,” and misleading websites. Here are 10 essential tips for UAE brands to safeguard their assets and maintain consumer trust.
Counterfeiting and brand abuse can lead to financial and reputational damage. Assess the potential losses, the effect on brand image, and possible safety concerns that may impact public perception. Conducting an impact study is essential to understand the scale of the threat and align strategies to the unique factors in your sector and market.
Understand where counterfeits of your brand are likely to be produced and sold. Pinpoint where you want to prevent such activity and tailor protection efforts to those specific regions, especially areas where counterfeits and unauthorized sales are most active.
Evaluate possible sources of leaks within your production and supply chains. Focus on areas prone to unauthorized exports or imports, as these can lead to the distribution of grey goods and pose reputational risks.
Review your intellectual property (IP) rights, including trademarks, patents, and design copyrights. Ensure coverage extends across all relevant markets, production sites, and key transit points to safeguard your brand at every stage of distribution.
Establish IP protections for upcoming products well before launch. The UAE offers a five-year grace period for trademark registration, allowing time to secure IP rights for items in development, minimizing risks of brand imitation upon release.
Preventive legal measures are critical. Use nondisclosure agreements and strong contractual controls with manufacturers, distributors, and partners. Additionally, consider embedding authenticity tags or holograms within products to simplify verification and detection at borders.
Border seizures are a powerful tool to combat counterfeits. In the UAE, applying for customs assistance can safeguard IP rights by alerting officials to potentially infringing goods. Educate border personnel on your brand’s identifiers to help prevent counterfeit imports.
Proactively monitor your brand across online platforms, marketplaces, and social media. Use brand protection tools to track trademarks, domain registrations, and social media mentions, helping you identify and address threats early.
Enforcement can be costly, so it’s important to assess its value carefully. Focus on cases where the counterfeit poses serious financial, safety, or regulatory risks, ensuring that the investment in enforcement yields meaningful returns for the brand.
Track the effectiveness of anti-counterfeit measures and refine strategies based on past outcomes. Consolidate data from each action, monitor return on investment, and adapt strategies based on what has worked best to enhance brand security.
For UAE businesses, these steps are crucial for protecting brand reputation and retaining consumer trust in a competitive market.
The UAE is a hub for innovation and technological advancement, making it a prime location for patents and intellectual property protection. However, with increased IP activity, the likelihood of patent disputes also rises. Resolving patent disputes effectively is essential to protect innovators’ rights, maintain fair competition, and encourage further investment in the region. This article examines common causes of patent disputes in the UAE, the legal framework for handling them, and practical steps for resolution.
Patent disputes in the UAE arise when two or more parties claim rights over a specific invention, or when a patent holder believes that their patent is being infringed upon. Common scenarios leading to patent disputes include:
With the UAE’s growing focus on industries such as healthcare, biotechnology, and technology, patent disputes have become more prevalent, highlighting the importance of effective dispute resolution mechanisms.
The UAE's legal framework for patents is primarily governed by Federal Law No. 11 of 2021 on the Regulation and Protection of Industrial Property Rights. This law aligns with international standards and provides comprehensive protection for patents, trademarks, and other industrial property rights. Here are some key provisions under the law:
The UAE is also a signatory to several international treaties, including the Patent Cooperation Treaty (PCT), which streamlines patent protection procedures for international applications. Additionally, the UAE’s alignment with the Gulf Cooperation Council (GCC) Patent Office allows inventors to protect their patents across multiple GCC countries.
The UAE offers several mechanisms for resolving patent disputes, ranging from amicable negotiations to legal proceedings. Here’s an overview of the main options:
Mediation is often the preferred method for resolving patent disputes in the UAE. It allows the parties to work out their differences with the help of a neutral mediator, who facilitates a mutually acceptable resolution. The benefits of mediation include lower costs, quicker resolution, and confidentiality. Parties may choose a private mediator or engage the services of the Dubai International Arbitration Centre (DIAC), which offers mediation services for IP disputes.
Arbitration is another effective dispute resolution method, especially in complex or high-stakes patent cases. Arbitration is binding and provides a final decision without the need for a lengthy court trial. The UAE has arbitration centers such as DIAC and Abu Dhabi Global Market (ADGM) Arbitration Centre that are equipped to handle IP disputes, including patent cases.
Advantages of Arbitration:
When mediation and arbitration fail, patent holders can file a civil lawsuit in UAE courts. The UAE Civil Court System hears patent disputes under the Federal Court of First Instance and, if needed, appeals can be pursued through the Court of Appeal and the Court of Cassation.
The UAE Ministry of Economy and local Department of Economic Development (DED) offices provide an administrative route for handling certain patent disputes. Patent holders can file complaints with these authorities, who may take action by investigating the alleged infringement and imposing penalties, such as fines or seizure of infringing goods.
For businesses facing a patent dispute, a strategic approach is essential. Here are some recommended steps:
Step 1: Conduct a Patent Audit
The first step in addressing a patent dispute is to thoroughly review and understand the relevant patents and IP assets involved. This includes verifying patent registration, reviewing licensing agreements, and evaluating the potential impact of the dispute on business operations.
Initiating negotiations with the opposing party can be a cost-effective way to resolve disputes. Many patent disputes can be settled amicably without formal proceedings, especially if both parties are open to compromise and value maintaining a positive business relationship.
Engaging a legal expert in UAE patent law is crucial to assess the strength of your case and advise on the best dispute resolution strategy. IP lawyers can also assist in drafting strong evidence and supporting documentation to strengthen your position.
If direct negotiations are unsuccessful, mediation or arbitration should be considered. Both processes are faster than litigation and can provide a fair outcome. Many businesses prefer these methods for their confidentiality, which is valuable in patent disputes.
If all other methods fail, pursuing a civil lawsuit through the UAE courts is an option. Legal action should be considered carefully due to the associated costs, time, and public exposure of sensitive IP matters. With a solid case, however, litigation can offer definitive results and potential compensation.
Patent disputes in the UAE have made headlines in recent years, especially in sectors such as technology, pharmaceuticals, and consumer goods. Here are a few notable cases:
These cases highlight the UAE’s commitment to upholding patent rights and ensuring fair competition, especially in high-value sectors.
While patent disputes may be unavoidable in some cases, companies can take steps to minimize risks:
The UAE’s commitment to intellectual property protection, combined with its robust legal and dispute resolution frameworks, provides a supportive environment for innovators. Resolving patent disputes in the UAE involves a mix of negotiation, mediation, arbitration, and litigation options, allowing businesses to protect their IP while maintaining constructive business relationships. By understanding the legal framework and proactively managing IP rights, businesses can navigate patent disputes more effectively and secure their competitive edge in the UAE market.
In the UAE, an employee's obligation to perform their duties diligently is enshrined in Article 16(8) of the Federal Decree Law No. 33 of 2021 on the Regulation of Employment Relations. Employers have the right to take disciplinary action, including termination, for non-performance, provided they follow the stipulated procedures.
To legally terminate an employee for non-performance in the UAE, employers must adhere to the following steps:
Severance Pay: Even in cases of termination for non-performance, the employee may be entitled to severance pay based on their tenure and the company's policy.
Legal Counsel: Consult with an employment lawyer to ensure compliance with all legal requirements and to minimize the risk of legal challenges.
To avoid potential legal challenges, employers should:
By following these guidelines, employers can protect their interests while ensuring fair and legal employment practices in the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
For many UAE expats, the allure of settling abroad in countries like Canada, the UK, Australia, or Caribbean nations often carries the promise of a fresh start. However, for an increasing number, these dreams dissolve into despair as they fall victim to fraudulent immigration consultants. These scams have left individuals not only financially drained but also facing legal repercussions, including travel bans and lifetime prohibitions from their target countries.
A Web of Deception
In recent years, thousands of UAE residents have lost substantial sums to immigration firms that use aggressive marketing tactics. These companies claim to have connections with "reputable" immigration lawyers, promising guaranteed selection in visa pools. However, investigations by Khaleej Times reveal that such promises are often baseless, leaving hopeful applicants stranded.
Fake advertisements are widespread, offering guarantees of work permits, high-paying jobs with minimal qualifications, and even free airfare and accommodation. Enticed by these offers, victims end up paying large fees, only to find themselves in a state of limbo as no tangible results materialize.
The High Price of Falsified Documentation
Some firms take it a step further, submitting falsified documents on behalf of clients, which leads to severe consequences when discovered. Using tactics like fabricating bank statements, they provide temporary appearances of financial stability. In return, clients are charged exorbitant fees and high interest rates, ultimately leading to a debt cycle and, in many cases, a permanent ban from the destination country.
"We've seen cases where clients are banned due to the submission of fake documents," says attorney Sam Bayat, founder of Bayat Group. He recounts a case where an immigration consultant in Karama created fake bank statements, emphasizing that "due diligence is essential."
Financial Losses and Vanishing Companies
Adding to the distress, some immigration firms vanish after collecting fees, leaving clients with no legal recourse. Hossam Zakaria, a Dubai-based consultant, reported a rising number of fraud cases targeting vulnerable individuals. One Dubai-based firm collected fees ranging from Dh15,000 to Dh50,000 by offering "fast-track" routes to Canadian residency before disappearing without a trace.
In Canada, immigration fraud has spiked by 50% from 2020 to 2023, with many cases linked back to UAE-based firms. In 2023 alone, an estimated 400 UAE residents lost Dh20 million to immigration scams.
Desperate Circumstances Exploited
Scammers often prey on people in challenging circumstances. For example, cross-border marriages between Indians and Pakistanis may drive couples to seek third-country passports, such as Canada or Australia, due to strained diplomatic relations. Scammers exploit this desperation, promoting fast-track options that do not exist.
The Canadian government has issued fraud warnings and outlined critical advice:
Yet, by the time many learn of these safeguards, it is often too late.
Lives Derailed: Stories of Loss and Betrayal
The stories of those defrauded reflect severe financial and emotional tolls. One Sharjah-based couple, RB and SB, paid Dh106,958 (CAD40,000) for permanent residency in Canada but received only a job interview setup, followed by silence. Christopher Pereira, another victim, paid Dh65,000 and has since received only a partial refund, while Asif Baig and Moin continue to wait for refunds on sums over Dh60,000.
Mudassir Ahmed Khan also fell prey to promises of quick employment abroad but received nothing after four years of waiting. These experiences underscore the importance of verifying the credentials of any immigration consultant.
Citizenship by Investment Scandals
Beyond traditional immigration scams, Citizenship by Investment (CBI) programs—once hailed as pathways to global mobility—face scrutiny as scams emerge across Caribbean nations, Cyprus, Malta, and beyond. Some agents offer citizenship for as low as $70,000, far below official requirements. Lawsuits, such as the one filed by MSR Media under the RICO Act, allege fraud, kickbacks, and money laundering involving high-profile political figures in St. Kitts and Nevis.
These revelations have prompted countries like Dominica to revoke citizenship from those who obtained it through fraudulent means. In response to concerns, the St. Kitts and Nevis government is considering reopening CBI applications to require payment of any missing funds to meet official minimums.
Implications for the Future of Immigration Programs
The CBI industry is now at a crossroads, with threats to its survival if international partners, including the EU and UK, lose confidence in these programs' integrity. Attorney Bayat stresses that "the industry’s very existence is at risk if global concerns remain unaddressed," noting the potential loss of visa-free travel privileges as a serious repercussion.
With increasing legal scrutiny on immigration and CBI programs, UAE expats are urged to remain cautious, avoiding too-good-to-be-true offers and verifying all information through official channels. Only by following legitimate processes can hopeful expats avoid the growing number of immigration fraud traps.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
As November begins, several important regulatory updates and changes are coming into effect across the UAE, bringing convenience and benefits for residents and visitors alike. From parking timing adjustments and exclusive traffic fine discounts to new Salik toll gates, these updates aim to enhance day-to-day life across the nation. Here’s a detailed look at the changes to keep in mind this November.
1. Visa Amnesty Programme Extended
In positive news for those living in the UAE without a valid visa, the country's amnesty programme has been extended. Initially set to conclude on October 31, the amnesty period now continues through December 31, 2024. This extension, announced by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), allows individuals with expired or cancelled visas to regularize their status without incurring overstay penalties. The extension aligns with the UAE’s 53rd Union Day celebrations, offering an opportunity for people to resolve their visa issues and enjoy stability in the country.
2. Sharjah Parking Hours Adjustment
In Sharjah, parking hours have been revised to accommodate longer stays and reduce parking stress in high-demand areas. New rules extend the paid parking period, with timings now in effect until 11 p.m. This change aims to improve parking availability and reduce traffic congestion, particularly in commercial and residential zones where demand for parking is consistently high. Residents and visitors are encouraged to review updated signage and stay informed on new payment structures to avoid fines.
3. Discounts on Traffic Fines
This November, UAE residents can benefit from exclusive discounts on traffic fines. The initiative aims to encourage timely payment of fines and foster safer driving habits across the Emirates. Specific discount percentages and eligibility criteria vary by emirate, with some offering up to a 50% reduction on outstanding fines. This move is part of ongoing efforts to promote responsible driving behavior and reduce road accidents, offering a financial reprieve to those with traffic violations.
4. New Salik Toll Gates in Dubai
Dubai is set to launch two additional Salik toll gates, operational from November 24. These new gates are strategically placed to manage traffic flow and ease congestion during peak hours in high-traffic areas. Motorists are advised to prepare for changes in their routes, as tolls may affect daily commutes. For those who regularly drive in these areas, it’s recommended to budget for the new toll fees to avoid any surprises. This measure supports Dubai’s goal of a more streamlined and efficient transport network.
5. Return of the Sheikh Zayed Festival
Marking the beginning of the cultural season, the renowned Sheikh Zayed Festival will return, featuring an array of events and activities celebrating the UAE’s rich heritage. Residents and tourists can look forward to a series of family-friendly exhibitions, traditional performances, and workshops highlighting Emirati culture. The festival provides a unique platform to celebrate the UAE’s past and present and to foster cultural exchange. Attendees can enjoy fireworks displays, educational exhibits, and live entertainment throughout the event, which lasts until the end of the season.
Staying Informed and Prepared
These updates highlight the UAE’s commitment to improving resident welfare and streamlining daily operations. As the nation grows, such changes offer benefits and provide residents and visitors with opportunities to stay engaged in cultural events, manage legal responsibilities, and experience enhanced infrastructure.
Residents are encouraged to stay informed about these changes to ensure compliance and make the most of the benefits available this month.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai has introduced a new law strengthening penalties for financial misconduct, specifically targeting employees of the Financial Audit Authority. Announced by Dubai’s Ruler, the amendment grants the Director General of the Authority enhanced powers to handle employee violations, including measures such as travel bans, asset freezes, and disciplinary actions.
The updated law enables the Director General to suspend offending employees, seize relevant documents, or, if violations are minor or unsubstantiated, dismiss cases without further action. Serious criminal offences, however, will be referred to Dubai Public Prosecution, with asset freezes and travel restrictions enforceable for up to three months, extendable as needed. Employees have the right to appeal these measures after the initial three-month period, unless an earlier appeal is justified.
The amendment, issued under Law No. (24) of 2024, revises previous regulations (Law No. (4) of 2018) by modifying articles 34, 35, and 36. It allows settlements where misappropriated funds are recovered, concluding the investigation without criminal prosecution but permitting disciplinary actions.
Additionally, a structured process for appeals has been established. The Director General will evaluate penalties, adjusting them, if necessary, with final approval sent to the authority within seven days. Non-compliance with penalty revisions by senior officials will lead to referral to the newly established Central Violations Committee. This three-member independent committee can uphold, increase, or dismiss penalties based on evidence, with employees able to appeal decisions through a Grievances Committee within 15 days.
The permanent Grievances Committee, appointed by the Director General, will include a chairperson, a CEO from a government entity, and representatives from the authority and Supreme Legislation Committee. This committee’s decisions are final, with judicial review as the only recourse.
The law takes effect immediately and will be published in the Official Gazette.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
For numerous investors in the UAE and GCC, the Dizabo Superapp once represented a promising investment opportunity. Launched in September 2021, the app branded itself as the region’s first "super app," aimed at revolutionizing e-commerce by connecting a vast network of vendors with millions of consumers across multiple product categories. However, just a few years later, the platform's promise has crumbled, leaving investors with significant financial losses and broken trust.
High Returns, Higher Risks
The allure of high returns, reportedly up to 80% in just six months, drew in hundreds of investors. Many were enticed by an offer to invest in delivery vehicles, with the promise of fixed returns backed by post-dated checks. However, in 2023, payments from Dizabo stopped unexpectedly. While the company continued to reassure investors that growth was imminent, no progress was realized, and investors were left unable to contact the founder or recover their funds.
This situation quickly escalated, with investors forming groups to pursue legal action collectively. Documents shared by impacted parties indicate the founder faces multiple cases in Dubai Courts and has been ordered to repay various investors. Authorities have since shut down Dizabo's office, frozen its assets, and frozen its bank accounts, exposing the scale of losses incurred.
Lives Disrupted
The financial fallout has had severe personal impacts on investors, who come from a wide range of backgrounds and nationalities. Many invested substantial sums, hoping to secure future stability for themselves or their families. Unfortunately, the collapse has left some with mounting debts, legal challenges, and travel bans due to unpaid loans. Others report disruptions to their families, job losses, and an inability to meet their financial commitments.
Allegations of Intimidation and Fraud
Several investors have voiced concerns over the company’s practices, alleging that Dizabo representatives threatened them with legal action if they attempted to speak out. Although the app was still available for download, users reported that none of its promised services were functional, leading to a flood of negative online reviews.
The founder has denied wrongdoing, claiming Dizabo was an innovative project that encountered unforeseen obstacles. He has maintained that the company was not running a Ponzi scheme, describing Dizabo as a start-up facing financial setbacks. In response to inquiries, he asserted that a significant sum remains owed to the app by various restaurants. However, when these establishments were contacted, none could confirm owing money to Dizabo.
As the situation continues to unfold, impacted investors are calling for further investigation into the company's activities, with hopes that authorities will take action to address their grievances.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
As the UAE continues to prioritize road safety and adapt to rapid advancements in transportation, a new traffic law has been introduced, setting stricter penalties and new regulations for motorists and pedestrians alike. This law replaces the previous traffic law and accommodates changes in vehicle technology, including electric and self-driving vehicles. Here’s a comprehensive look at the key changes and penalties under this new legislation.
Key Changes in the UAE’s Traffic Law
1. Hit-and-Run Penalties: Up to Dh100,000 Fine and Two Years of Jail Time
One of the most significant updates in the new traffic law pertains to hit-and-run cases. Drivers involved in a hit-and-run incident that results in injury face stricter penalties. The law stipulates:
The new law aims to ensure accountability, encouraging drivers to assist injured parties and report accidents immediately.
2. Stricter Penalties for Jaywalking
The new law also places increased responsibility on pedestrians to follow road safety rules. Jaywalking or crossing roads outside designated pedestrian crossings can result in fines or other penalties. These changes reflect the UAE’s commitment to pedestrian safety and are in line with the government’s goal to reduce pedestrian accidents.
3. Lower Minimum Driving Age
In an effort to expand mobility options for young people, the new law has lowered the minimum age required for driving. While specifics on the age adjustment have not been publicly confirmed, the change aims to provide younger individuals with more flexibility in terms of commuting and transportation.
4. Regulations for Self-Driving and Electric Vehicles
In a nod to the evolving transportation landscape, the law now includes provisions for electric and autonomous vehicles. This makes the UAE one of the leading countries to incorporate such considerations into its legal framework. Specific guidelines for self-driving vehicles, including rules for operation and maintenance, are expected to ensure the safety of all road users as these technologies become more prevalent.
5. Enhanced Rules for Cyclists and E-Scooter Riders
The law also addresses the increased use of bicycles and e-scooters on UAE roads. New rules include:
These updates are in line with the UAE’s commitment to supporting eco-friendly transportation options while maintaining road safety.
6. Comprehensive Road Safety Measures for Pedestrians and Motorists
The new law imposes additional responsibilities on both drivers and pedestrians to prevent road incidents. Drivers are now required to exercise heightened vigilance in areas with heavy pedestrian traffic. Conversely, pedestrians must adhere to designated crossing areas and avoid actions that could disrupt traffic flow or compromise their own safety.
Applying the New Law: What Motorists and Pedestrians Should Know
The UAE government’s official social media post on X (formerly Twitter) outlines that the new law aims to keep up with transportation advancements while ensuring safety. This is particularly relevant as the UAE pushes to become a leader in smart city technology and sustainable transport. For residents and visitors, adhering to these regulations will be crucial, as penalties for violations are set to become more stringent.
Penalties and Enforcement
The new traffic law is backed by an updated enforcement framework designed to deter violations and enhance public safety. Some key penalties include:
In addition to these penalties, law enforcement will use enhanced surveillance, including road cameras and AI-based monitoring, to ensure compliance.
Emphasis on Road Safety Education
The UAE’s traffic authority has also outlined plans to launch extensive public awareness campaigns to educate residents on the new law. The campaigns will emphasize the importance of safety for all road users, the responsibilities of pedestrians, and the need for motorists to comply with the latest regulations. Special training and informational resources may be available for younger drivers, e-scooter riders, and cyclists to reinforce safe practices.
How the New Traffic Law Supports the UAE’s Vision
The UAE’s commitment to modernizing its traffic laws aligns with the nation’s vision for a safer, more sustainable future. By incorporating rules for electric and autonomous vehicles and ensuring safety measures for alternative modes of transport, the law supports the UAE’s goals to reduce carbon emissions and traffic-related injuries. Furthermore, it positions the UAE as a global leader in adopting transportation solutions that meet the demands of modern urban life.
Final Thoughts
As the UAE’s new traffic law comes into effect, motorists, pedestrians, and cyclists are encouraged to familiarize themselves with the updated regulations. This comprehensive approach to road safety reflects the UAE’s dedication to ensuring a secure and progressive environment for all. Residents and visitors are advised to keep track of any official announcements and ensure they follow these new guidelines to avoid penalties and contribute to safer roads.
For more information on the new law or updates, individuals can refer to the UAE government’s official social media channels or visit the local traffic authority’s website for complete details.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE Golden Visa program, a long-term residency initiative, is designed to attract skilled professionals, investors, and innovators by offering benefits like tax-free income, the ability to sponsor family members, and the option to work and live without a local sponsor. This visa also supports entrepreneurs and leaders in fields such as science, arts, sports, and technology.
Golden Visa for Skilled Professionals
Professionals earning Dh30,000 or more are eligible to apply for the Golden Visa if they meet certain conditions:
Key Application Requirements
Employment Documents:
For mainland employees: A Ministry of Labour contract showing a Dh30,000+ salary.
For free zone employees: A salary certificate from the free zone authority confirming a Dh30,000+ salary.
Financial Proof:
Six months’ bank statements reflecting the salary, with evidence of transfer if moved to another account.
Education Proof:
Attested bachelor’s degree or higher, with equivalency certification recognized by UAE authorities.
No Objection Certificate (NOC):
From the employer, allowing the employee to hold a Golden Visa, signed by an authorized signatory.
Nomination Letter:
This letter, provided by relevant UAE authorities, attests to your eligibility for the visa.
Health Insurance:
Comprehensive health coverage for self and family.
Supporting Documents:
Passport with visa page and a personal passport-sized photo.
Applying for the Golden Visa
You can apply for the Golden Visa through either the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai or the Federal Authority for Identity, Citizenship, Customs & Port Security (ICA) for other emirates.
Applying via GDRFA (Dubai)
Online Application:
Access GDRFA’s website or mobile app.
Log in via UAE Pass, complete the application, and pay the following fees:
Residency permit fee: Dh1,100
Additional fees: Knowledge fee (Dh10), Innovation fee (Dh10), Country fee (Dh500), Delivery fee (Dh20).
The fee increases Dh100 for each year beyond two years of residency.
In-Person Application:
Visit a GDRFA customer service center or Amer center, take a ticket, and submit your application to the service employee.
Applying via ICA (Federal)
Online:
Visit the ICA website, select the Golden Visa service, and create an account.
Apply for nomination based on your category and submit your application.
In-Person:
Alternatively, visit an ICA-approved typing center for assistance in completing and submitting your application.
Golden Visa Nomination for Specific Talent
Eligible applicants in specialized fields require nomination letters from relevant UAE authorities:
Golden Visa for Other Categories
In addition to skilled professionals, the Golden Visa targets:
Additionally, Dubai offers a unique 10-year Gaming Visa to attract gaming professionals, content creators, and industry leaders to foster the city’s position as a global gaming hub.
For a comprehensive overview of additional visa types available in the UAE, including property-linked visas, visit the relevant authorities’ websites to determine which residency path best aligns with your goals in the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
His Highness Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah and Supreme Council Member, highlighted the UAE’s emergence as a “start-up nation” at the Digital Assets conference in Ras Al Khaimah. Through strategic initiatives and progressive regulations, the UAE has created an environment where diverse global talents and digital innovators can pursue their goals, Sheikh Saud noted.
The UAE has solidified its position as the region's leading digital assets hub, welcoming prominent players like Binance and drawing substantial international investment. Sheikh Saud credited the proactive efforts of regulatory authorities in Abu Dhabi, Dubai, and Ras Al Khaimah for transforming the UAE from a regional into a global center for digital assets.
Ras Al Khaimah has also established the Digital Assets Oasis (DAO), a dedicated free zone for digital and virtual assets, aiming to boost digital growth across the UAE. This week’s RAK DAO Conference, themed "Building the Future," drew over 2,000 industry leaders and professionals, reflecting the UAE’s commitment to fostering a digital-first economy.
The digital assets market in the UAE is projected to reach $270 million by the end of 2024, setting a strong foundation for further growth. Sheikh Saud emphasized that initiatives like the UAE National Strategy for Artificial Intelligence 2031, which aims to leverage AI for economic growth and quality of life improvements, exemplify the UAE's commitment to digital advancement.
RAK DAO not only offers a regulatory framework but fosters a collaborative ecosystem for entrepreneurs, investors, and developers, complete with world-class infrastructure and a business-friendly environment. Sheikh Saud shared that top blockchain and digital asset firms are increasingly choosing Ras Al Khaimah due to the emirate's progressive stance and strategic partnerships.
The RAK ruler concluded by underscoring that the influx of investment will create high-value jobs and attract further foreign direct investment, positioning Ras Al Khaimah and the UAE as global leaders in the digital economy.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai Islamic Bank has informed customers of pending deductions related to transactions missed during a mid-2024 system upgrade.
Dubai Islamic Bank (DIB) has announced that it will soon deduct funds from customer accounts to reflect charges that were not debited during a system upgrade earlier this year. The bank clarified that these transactions, though processed at the time, were not deducted due to technical reasons and will now be recovered.
In recent emails sent to affected customers, DIB explained that while the transactions were successfully processed by merchants during the upgrade, they were not reflected in the customers' accounts at the time. Following the stabilization of its system, the bank is now able to proceed with these pending debits.
The upgrade, which occurred in mid-2024, caused some customers to experience service disruptions. In response, the bank assured customers in July that they would not face penalties for late payments or other charges resulting from the system error.
To keep customers informed and allow them time to address any account issues, DIB has initiated a series of communications. These include an initial email detailing the specific transactions, followed by multiple SMS notifications. The bank has advised account holders to ensure sufficient funds are available to cover these charges and any other upcoming commitments, such as cheques or standing orders, to avoid overdrawing their accounts.
DIB, the UAE's largest Shariah-compliant bank, serves over five million customers across the Middle East, Asia, and Africa. The bank stated it has taken necessary steps to minimize inconvenience and is committed to addressing any concerns swiftly.
“We deeply regret any inconvenience caused and appreciate the understanding and cooperation of our customers,” DIB said in a statement, emphasizing its commitment to transparency during the process.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
First Abu Dhabi Bank (FAB) has successfully raised close to $200 million in assets under management (AUM) with the launch of its new Fixed Maturity Portfolio (FMP) on October 9, achieving record subscription levels. This marks the introduction of the second series of FAB’s conventional FMP, following the success of the first series in 2023, along with the bank’s first Shariah-compliant FMP.
Designed to cater to the diverse needs and investment preferences of FAB’s clients, these portfolios were made available to professional investors and have a three-year maturity. The FAB MENA Plus Fixed Maturity Portfolio Series 2 offers a net yield of 5.50%, while the FAB Sukuk MENA Plus Fixed Maturity Portfolio Series 1 delivers a net yield of 4.50%.
The portfolios are structured to provide high yields, with investors receiving quarterly dividends that can either be paid out or reinvested. The income is generated from a carefully curated selection of bonds and sukuk, spread across various regions and sectors. This approach creates a well-diversified portfolio of fixed-income instruments, helping to minimize risk and volatility.
FAB Asset Management’s new FMP is particularly attractive to income-seeking investors looking to secure strong returns while managing risk effectively in a declining interest rate environment.
With over 20 years of regional experience, FAB Asset Management is one of the largest MENA-focused managers. Its diverse client base includes sovereign wealth funds, pension funds, financial institutions, family offices, and individual investors. The firm’s expertise spans multiple asset classes, positioning it as a leading player in the region.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai Police has introduced stricter vehicle impounding regulations in a bid to improve road safety and reduce traffic accidents. As part of the newly enforced rules, vehicles involved in specific violations, such as using a mobile phone while driving or other forms of distracted driving, will be impounded for up to 30 days.
The updated regulations are part of a broader effort by Dubai authorities to enhance penalty enforcement and ensure that drivers adhere to traffic laws more rigorously. By targeting violations that are known to cause accidents, the new measures aim to reduce the number of incidents on the road and promote safer driving habits.
Distracted driving, particularly the use of mobile phones while behind the wheel, has been identified as one of the leading causes of road accidents. The strict penalties are intended to deter such behavior and encourage drivers to focus on the road. Along with vehicle impounding, violators may also face fines and other sanctions depending on the severity of the offense.
Dubai Police have emphasized that the new rules are essential for creating a safer environment on the city's roads and protecting both drivers and pedestrians from preventable accidents. The measures also reflect Dubai’s broader commitment to improving road safety standards and reducing traffic fatalities.
These new regulations are expected to make drivers more conscious of their actions while driving and ultimately contribute to the overall safety and efficiency of road traffic in Dubai.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
If you're a resident of Sharjah, you're likely familiar with the 'Digital Sharjah' app. But now, with its newly launched version, the app has expanded to allow residents to manage almost all essential tasks in one convenient place.
Lamia Obaid Al Shamsi, Director of the Sharjah Digital Department, highlighted the new features of the upgraded app at Gitex Global 2024. She explained how the second version was designed to enhance user experience with a refined interface, innovative elements, and the integration of artificial intelligence.
"We’ve recently introduced the second version of the platform, featuring a redesigned user interface that aligns with our strategy to improve user experience," said Al Shamsi. "This includes AI-powered live chat for quick government information access, service evaluations, digital payments, and an enhanced services guide. We've also improved existing services like Sharjah Electricity and Water Authority (SEWA) bill payments and public parking fee payments."
A Unified Digital Platform
The app serves as a unified channel for accessing services from local and federal government entities in Sharjah. With the latest technology and flexible features, users can complete processes within minutes, while enjoying top-level security. "This platform represents a significant step towards achieving Sharjah’s vision for digital transformation," Al Shamsi added.
New Dashboard for Personalized Services
One of the major additions in the new version is a personalized dashboard, where users can store and access important documents, such as their Emirates ID, driver’s license, car registration, and more. The dashboard also provides real-time updates on vehicle registration renewals and allows for easy payment of various services.
Digital Documents at Your Fingertips
Through the Digital Sharjah app, residents can access digital versions of key documents, including:
Services Available Through the App
The new app allows Sharjah residents to easily manage the following services:
Upcoming Projects to Transform Life in Sharjah
Looking ahead, Al Shamsi discussed several upcoming projects designed to simplify starting a business, buying or renting property, and accessing useful data in Sharjah. These initiatives are the result of collaborations between various government departments, many of which were showcased at the Sharjah government’s stand at Gitex Global 2024.
Expressing her gratitude, Al Shamsi said, “I want to thank all the government entities that participated in the Sharjah Government Platform at Gitex Global 2024. Their cooperation has been key in showcasing Sharjah’s digital innovations to improve government services and enhance the quality of life for citizens, residents, visitors, and investors alike.”
With the upgraded Digital Sharjah app, handling everyday tasks has never been easier for residents, ensuring a more connected and efficient living experience.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
"The UAE is a hub for the financial sector, which often makes it a prime target for cyberattacks. However, due to our resilience, partnerships, and collaborations, all attacks were thwarted," Al Kuwaiti said during a panel discussion titled State Cybersecurity Outlook: Shaping the Future of AI Digital Economy, held on the third day of Gitex Global 2024 at the Dubai World Trade Centre.
Senior officials and ministers from the US, Malaysia, Paraguay, the UK, and Cyprus also participated in the panel, discussing various aspects of global cybersecurity.
Global Recognition
The UAE has earned global recognition for its robust efforts against cybercrimes. It was rated among the top-tier countries in cybersecurity, according to the Global Security Index 2024 released in September.
"Cybercrimes like fraud and scams are widespread, and the first line of defense is awareness," Al Kuwaiti emphasized.
Tackling Threats with New Technology
Al Kuwaiti noted that whenever new technology is introduced, the "threat landscape increases exponentially." He outlined three main cyber threats:
Cybercrime – involving fraud, scams, and impersonation.
Cyberterrorism – including misinformation and disinformation, which can influence public opinion.
Cyberwarfare – targeting critical infrastructure like electricity, oil and gas, aviation, and healthcare.
He highlighted the risks to healthcare facilities in particular, emphasizing that attackers often disregard the potential human impact.
To counter these threats, the UAE is building coalitions and working on a deterrence strategy. Al Kuwaiti also called for a 'Cyber Geneva Convention' to unify global efforts against cyber threats. “Such a convention would create a safer online environment for businesses of all sizes," he said.
Updating Policies
The UAE is continuously updating its cybersecurity policies to stay ahead of technological advancements. The country’s cybersecurity strategy will be revised to ensure robust governance, defense, and protection. Al Kuwaiti mentioned that specific laws related to the Internet of Things (IoT) would also be updated to cover devices used in sectors such as healthcare and oil and gas.
Additionally, the UAE's cloud-first policy will be enhanced to incorporate advanced security measures, ensuring comprehensive protection across various industries.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai has made significant progress in reducing its debt, paying off more than Dh47 billion in debt and bonds over the past two years, according to a report released on Wednesday. Global rating agency S&P confirmed that the emirate repaid Dh40 billion in debt during 2022-23, along with Dh7.1 billion in bonds.
S&P analysts expect Dubai's gross government debt to drop to around 34% of GDP ($50 billion) by the end of 2024, down from 70% in 2021. The substantial debt repayment includes a Dh20-billion loan from Abu Dhabi and the Central Bank of the UAE and a Dh7.1-billion bond settlement.
Dubai's economy has shown a robust recovery post-pandemic, with all sectors growing rapidly, resulting in increased government revenues. The introduction of a 9% corporate tax has further boosted the emirate's income.
Additionally, the government monetized its assets through multiple initial public offerings (IPOs) over the last two years. These listings, including partial sales of DEWA, Salik, Empower, Dubai Taxi Co., and Tecom, generated an estimated Dh33 billion ($9 billion) for the government. S&P notes that with four more companies slated for listing, Dubai could see an additional liquidity boost, potentially aiding further debt reduction or funding expansion projects such as the airport.
The report also highlighted that loans from Emirates NBD bank were reduced by nearly half during this period. As a result, Dubai's gross government debt is estimated to have fallen to around 38% of GDP by the end of 2023, compared to 70% in 2021.
Despite these repayments, Dubai's public sector debt remains considerable, projected to be around 70% of GDP by 2024. This includes contingent liabilities of about 36% of GDP and general government debt at 34%.
Looking ahead, S&P analysts expect Dubai to achieve fiscal surpluses from 2024 to 2027, with no additional debt issuances planned for deficit financing. However, the forecasts do not yet account for potential debt related to major projects like the $35-billion Al Maktoum Airport expansion or the $8.2-billion Tasreef rainwater drainage project, as details on funding distribution and timing remain unclear.
This economic resurgence and debt reduction reflect Dubai’s strong financial standing and growing revenue streams from corporate tax and asset sales.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai is preparing to introduce a ground-breaking travel experience that will allow passengers to move through its airports without the need for physical documents. According to Lieutenant Colonel Khaled bin Madia Al Falasi, Deputy Assistant Director for Smart Services at the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA Dubai), the new initiative, titled ‘Travel Without Borders’, will make use of cutting-edge artificial intelligence (AI) technology.
Facial recognition cameras will scan travelers' faces as they walk through the airport, eliminating the need for traditional passport control checks or smart gates. The system will verify passengers' biometric data on the move, confirming their identity and officially registering their arrival or departure without requiring any stops.
This innovation marks a significant advancement in Dubai’s efforts to enhance efficiency and provide a seamless, document-free experience for travelers passing through its airports. The initiative is part of the emirate's ongoing commitment to integrating smart technology into everyday processes, further positioning Dubai as a global leader in modern travel infrastructure.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE Cabinet has approved the nation's official position on artificial intelligence (AI), focusing on the responsible and ethical use of the technology. This policy highlights the country’s commitment to supporting international regulations that hold nations accountable for developing AI tools that could pose risks or cause instability.
The policy advocates for global alliances aimed at governing, securing, and advancing AI systems. It emphasizes the need for responsible AI use through research and development initiatives that promote peace and stability while ensuring security, privacy protection, and data safety.
Omar Sultan Al Olama, the UAE's Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, underscored the UAE’s leadership role in shaping global AI governance. “The UAE has become a key player in global AI policy discussions, actively contributing to the creation of international frameworks that will define the future of AI,” he said.
The policy aims to leverage AI for economic diversification and innovation while promoting the development of high-impact technological solutions. It is built on six core principles: advancement, cooperation, community, ethics, sustainability, and security. These principles ensure that AI development in the UAE aligns with ethical, social, and environmental goals.
Omran Sharaf, Assistant Foreign Minister for Advanced Science and Technology, noted that adopting such policies reinforces the UAE’s position as a global leader in AI. He added, “By aligning the country’s foreign policy with international AI standards, we empower local stakeholders—including private enterprises and research institutions—to address AI challenges on a global scale.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Starting October 18, individuals seeking access to the Ministry of Human Resources and Emiratisation (Mohre) platforms will be required to log in using the UAE Pass. The ministry announced that traditional login methods, such as usernames and passwords, will no longer be valid and will be replaced by this official digital identity.
The UAE Pass, a unified digital identification system, provides residents and citizens access to a wide range of government services across the country. This update aligns with the UAE’s ongoing efforts to streamline and enhance the accessibility of government services through digital platforms.
Mohre's online services are essential for employers, who regularly use its platforms to handle tasks like issuing and canceling work permits, processing employment contracts, and managing paperwork related to domestic workers. Absconding reports are also processed online through these channels.
By mandating the use of the UAE Pass, Mohre aims to further simplify the digital experience and ensure secure access to its services.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Sharjah's Ruler has pledged that all Emiratis in the emirate will eventually receive free health insurance, marking a major step forward in healthcare access. Speaking through the Direct Line radio programme, His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the Supreme Council, assured residents that the government is committed to providing comprehensive health insurance coverage for all.
Currently, the Sharjah Government offers health insurance to its employees, their dependents, and senior Emiratis. Recently, coverage under the ‘insurance for the elderly’ scheme was expanded to include citizens aged 45 and above. Previously, only residents aged 50 and older were eligible for the government-sponsored plan, as confirmed by Dr. Mohammad Falah from the Sharjah Health Authority’s (SHA) medical insurance department.
“We are approaching the matter with care and diligence,” said His Highness Sheikh Dr. Sultan, emphasizing that while progress may be slow, the government is ensuring that no corners are cut when it comes to providing health insurance for its citizens.
In addition to expanding coverage for those aged 45 and above, Sharjah is also preparing for the mandatory rollout of health insurance for all employees, scheduled for January 2025. While such coverage is already mandated for employees in Dubai and Abu Dhabi, this will be the first-time similar requirements are enforced in Sharjah and the Northern Emirates.
Local authorities are reportedly reviewing health insurance policies in Dubai and Abu Dhabi to develop a basic package that will allow employers some flexibility in offering enhanced benefits. Experts anticipate that health insurance premiums in Sharjah and the Northern Emirates will be more affordable than those in Dubai, providing wider access to healthcare services for the region's residents.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE introduced a new maritime law—Federal Decree-Law No. 43 of 2023—that came into force in March 2024, replacing the older Federal Law No. 26 of 1981. This reform reflects the UAE's strategic initiative to modernize its maritime laws to meet international standards while maintaining a business-friendly environment. The ongoing reforms are expected to enhance its position as a global maritime hub and foster maritime business growth. Below is an overview of the key changes in the new UAE maritime law and their prospects for the industry.
Vessel Ownership and Registration
Under the previous law, vessel ownership was restricted to UAE nationals or companies with majority UAE ownership. The new law broadens these criteria, allowing entities with a business presence or domicile in the UAE and nationals from other Gulf Cooperation Council (GCC) countries to own UAE-registered vessels. This expansion aims to attract foreign investment by creating a more inclusive environment for maritime business. It is expected to spur growth in related industries such as shipbuilding, logistics, and insurance, further cementing the UAE’s position as a key maritime center.
Additionally, the law facilitates the registration of under-construction vessels and foreign-registered vessels under charter agreements for at least six months. This provision simplifies the process for charterers to operate in UAE waters and enhances the country’s appeal as a shipping center.
Vessel Arrest and Security
The new law enhances the legal mechanisms for vessel arrest by aligning UAE law with the 1999 Arrest of Ships Convention. Previously, arrest procedures were governed by more restrictive provisions under the 1952 convention.
Furthermore, the new law introduces provisions for the arrest of associated ships, allowing a creditor to request the arrest of any ship owned or controlled by the maritime debtor.
Article 56 of the new law provides additional protection for shipowners during arrest. According to this provision, the Court cannot order the arrest of a ship unless sufficient financial guarantee is produced with the application to ensure the security and safety of the ship and its crew during the arrest period.
Another key improvement is the acceptance of P&I Club Letters of Undertaking (LOUs) by the UAE courts. Under the old law, only bank guarantees or cash deposits were allowed to secure the release of arrested vessels. The acceptance of LOUs is expected to reduce frivolous claims and ensure smoother maritime operations.
The new law has also reduced the period for the arresting party to file the substantive case from 8 days to 5 working days following the arrest order. Furthermore, Article 59 of the new law mandates to schedule a hearing within 15 days of issuing the arrest order.
Expanded Scope of Marine Debts
The new law widens the scope of marine debts that justify precautionary arrest. These debts now include, among others, port and harbour fees, environmental damage, insurance premiums, loss of life or injury related to the ship’s operation, and wages owed to the crew.
Shipbuilding and Charterer Registration
The law introduces a specialized register for under-construction vessels, allowing shipbuilders to record contracts, a feature absent in the older law. Charterers of foreign vessels can also now apply to fly the UAE flag, provided the vessels meet the registration criteria. These changes streamline administrative processes and make it easier for foreign companies to operate within the UAE's jurisdiction.
Conclusion
The new Maritime Law provides greater legal certainty and clarity for businesses operating in the maritime sector. By broadening vessel ownership eligibility, streamlining registration processes, and expanding the scope of claims for vessel arrest, the UAE has modernized its maritime sector to attract more global investment and align with international best practices. An important aspect of the law is its emphasis on environmental responsibility and worker protection. By including provisions for environmental damage claims and expanding the scope of marine debts to include crew wages, the law ensures that maritime operators are held accountable for their impacts, aligning with global trends toward sustainable and ethical business practices.
This law not only makes the UAE more competitive but also sets the stage for continued growth in the maritime industry, further solidifying the nation’s standing as a critical global shipping hub. While the reforms are significant, the industry could have benefited from the establishment of an exclusive maritime court to enhance the resolution process for maritime cases.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
In collaboration with First Abu Dhabi Bank (FAB), the Securities and Commodities Authority (SCA) has introduced a new e-service for shareholders to claim unclaimed dividends from locally listed public joint stock companies dating back to before March 2015.
This initiative is part of the UAE government's efforts to enhance public service quality, making processes more efficient and convenient for users. The e-service offers diversified channels, allowing shareholders to submit and track their payback requests through the FAB website. Once the necessary documents are submitted, FAB will review the request and transfer the dividends to the shareholder's account within ten business days.
SCA remains committed to simplifying the process for investors to retrieve their unclaimed dividends, reflecting the government's dedication to meeting public needs and maintaining its reputation for delivering world-class services.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE has implemented new VAT exemptions for specific cryptocurrency and virtual asset activities following recent amendments to the Executive Regulations. Approved by the UAE Cabinet, these updates clarify which digital assets are eligible for VAT exemption, with a focus on assets intended for investment purposes.
The exemption applies to digital assets that can be traded or converted, excluding fiat currencies and financial securities. It covers services related to the transfer, conversion, storage, and management of virtual assets, including cryptocurrency trading, as long as these services are not provided for a fee, discount, commission, or similar compensation.
The amendments also extend to investment fund management services, covering activities such as fund operations management and investment monitoring. This move aims to strengthen the UAE’s position as a global hub for investment activities and support the growth of the financial sector.
Businesses involved in these exempted activities are advised to review their financial strategies, as VAT incurred on related expenses may not be fully recoverable. The amendments will take effect on November 15, 2024.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Sharjah has recently announced a significant step towards regulating family businesses, a move aimed at fostering stability, improving governance, and ensuring the smooth transfer of assets across generations. The initiative comes as family-run enterprises play a critical role in Sharjah’s economy, and the regulation is expected to address key challenges these businesses face, including succession planning, governance structures, and dispute resolution.
Family businesses in the UAE, and Sharjah in particular, contribute substantially to the overall economy, employing a significant portion of the workforce and representing a large share of private sector activity. However, such businesses often encounter difficulties related to leadership transitions, differing visions between family members, and unclear ownership structures, leading to internal conflicts that can impact their long-term sustainability.
A Strategic Approach to Sustainable Growth
The decision to regulate family businesses aligns with Sharjah’s broader goal of fostering economic resilience and ensuring the longevity of family enterprises. Authorities in Sharjah aim to create a legal framework that will help family-owned businesses establish transparent governance practices, thus reducing the likelihood of disputes among family members. The regulation will focus on formalizing decision-making processes, clarifying roles and responsibilities, and setting guidelines for conflict resolution, which are crucial for preventing business disruption due to internal disagreements.
One key aspect of the regulation will address succession planning. Family businesses often struggle with leadership transitions from one generation to the next, leading to potential power struggles or inefficiencies. By providing a clear legal framework for transferring ownership and leadership, Sharjah aims to ensure smoother transitions and continuity in management. This initiative will help preserve family businesses’ contributions to the economy while protecting the interests of both current and future generations.
Resolving Disputes Efficiently
In addition to governance and succession planning, the regulation will introduce mechanisms to resolve disputes in a more structured manner. Family businesses often face conflicts due to differing opinions on strategic direction, financial management, or asset division. These disputes, if left unresolved, can lead to fragmentation or even dissolution of the business.
Sharjah’s regulatory framework will facilitate mediation and arbitration services tailored specifically for family businesses, allowing for more amicable resolutions without resorting to lengthy court battles. This proactive approach aims to mitigate conflicts early on, helping businesses focus on growth rather than internal struggles.
Economic Impact and Long-Term Vision
Sharjah’s decision to regulate family businesses reflects its recognition of the sector’s importance to the economy. With family businesses contributing to various industries, including retail, real estate, and manufacturing, the new framework is expected to foster stability and growth across multiple sectors.
By safeguarding these enterprises from internal disputes and fostering better governance, Sharjah hopes to enhance the long-term sustainability of family businesses, ensuring they continue to thrive for generations. The regulation also signals to investors and stakeholders that the emirate is committed to creating a business-friendly environment that encourages growth, innovation, and economic resilience.
Conclusion
Sharjah’s announcement to regulate family businesses marks a pivotal step in supporting one of the most vital sectors of its economy. By addressing key challenges such as succession planning, governance, and dispute resolution, the emirate aims to create a more stable and sustainable business environment. This forward-thinking approach not only benefits family-owned enterprises but also reinforces Sharjah’s commitment to fostering economic growth and resilience in the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
With the rising demand for US visas, residents of the UAE are experiencing long delays in securing appointments. Current estimates indicate that applicants from certain countries could face wait times of nine to 12 months, with some nationalities experiencing delays of up to two years.
According to Anastasia Yanchenko, Commercial Director of Visa Services, the wait times vary based on the applicant’s passport. "UAE passport holders generally have shorter waiting periods compared to applicants from countries with higher demand and fewer available appointments," she explained. For example, UAE citizens enjoy a more streamlined process, while the wait time for Indian and Russian passport holders is around one year. For Iranian nationals, the wait can extend up to two years.
A contributing factor to these delays is the global nature of US visa applications. Many applicants from countries lacking US embassies, or those facing visa rejections in their home countries, apply through the UAE, further increasing the number of applications and causing bottlenecks. Additionally, Dubai is often seen as a temporary stop for individuals seeking to travel to the US, which further compounds the delay.
Countries such as Oman and Kyrgyzstan have implemented local restrictions on US visa applications, limiting them to those with local residence permits. This has led to an influx of applicants seeking visas from the UAE.
To address these challenges, there are services available that help expedite the visa process. Specialists can assist in navigating the appointment system, helping applicants secure available slots more efficiently.
To minimise the risk of a visa refusal, applicants should follow essential guidelines:
While long wait times are frustrating, understanding these factors and taking the right steps can help applicants navigate the US visa process more smoothly.
Fast-Track Entry for UAE Passport Holders
A recent agreement between the UAE and the US has introduced expedited entry for UAE passport holders traveling to the United States. UAE citizens with valid US visas can apply for the Global Entry programme, which allows them to bypass regular queues upon arrival at selected US ports of entry, eliminating the need for traditional immigration processing.
To apply for Global Entry, travellers must provide personal details such as their age, place of birth, employment status, citizenship, and any previous visa rejections or criminal history. The interview process lasts between 10 to 30 minutes, during which applicants must present their identification documents and explain their reasons for visiting the US.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE Cabinet has announced amendments to the Value Added Tax (VAT) law, introducing significant new exemptions. These changes, revealed by the Ministry of Finance, are part of an ongoing effort to enhance transparency and streamline the country’s tax regime.
Among the key amendments are VAT exemptions on three key services: investment fund management services, certain services related to virtual assets, and in-kind donations exchanged between charitable and government entities. Previously taxed at 5%, these services are now exempt to encourage investment, stimulate economic growth, and support charitable activities.
In particular, in-kind donations valued at up to Dh5 million, exchanged between charities and governmental bodies within a 12-month period, will be free from VAT. This exemption aims to maximize the benefits of goods received by charitable organizations.
Additionally, the Federal Tax Authority (FTA) has been granted the authority to de-register taxpayers in certain cases, a measure aimed at tightening tax compliance and further refining the tax environment.
Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, highlighted the ministry's commitment to working with both public and private sector stakeholders to update regulations and improve the UAE's business climate. “These amendments are designed to simplify procedures for taxpayers and reduce misunderstandings, aligning with international best practices,” he said.
The amendments also reflect lessons learned from previous experiences, feedback from the business community, and the recommendations of stakeholders. The changes align with provisions in the GCC Unified VAT Agreement and updates outlined in Federal Decree-Law No. 18 of 2022, which amended the original Federal Decree-Law No. 8 of 2017 on VAT. This move is expected to enhance the business environment and improve the overall quality of life in the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Central Bank of the UAE (CBUAE) has taken decisive action against an unidentified Islamic insurance provider, or takaful insurer, suspending it from issuing new motor and health insurance contracts. The decision comes after the insurer failed to meet the minimum capital requirements mandated by the country's regulatory framework.
In a statement issued on October 2, 2024, the CBUAE emphasized that the takaful insurer now has a six-month window to address its solvency position. The insurer must work to restore its capital levels in accordance with the bank’s guidelines during this period. Failure to comply within the specified timeframe could result in further regulatory measures.
While the central bank has not disclosed the name of the insurer involved, the suspension reflects the CBUAE's commitment to maintaining the financial health and stability of the insurance sector. By enforcing capital adequacy requirements, the CBUAE aims to ensure that insurers have sufficient capital to meet policyholder claims and withstand financial shocks, particularly in high-demand areas such as motor and health insurance.
Takaful, a form of cooperative insurance that complies with Islamic principles, operates on the basis of mutual assistance among policyholders. Given the importance of takaful in providing Sharia-compliant financial services, the regulator's strict enforcement of capital requirements is seen as vital to sustaining market confidence and protecting policyholders.
The CBUAE's move highlights its ongoing efforts to strengthen the regulatory environment and safeguard the stability of financial institutions across the UAE. The central bank continues to monitor the market closely, ensuring that insurers operate within the boundaries of prudential standards set to protect consumers and uphold the integrity of the financial system.
This action serves as a warning to other financial institutions in the UAE that non-compliance with regulatory standards, particularly in areas critical to the financial health of insurers, will not be tolerated. The suspension of new contracts will remain in place until the takaful insurer demonstrates full compliance with the capital requirements and addresses its solvency challenges.
As the situation unfolds, the CBUAE will continue to provide oversight and ensure the insurer's actions align with the country’s robust regulatory framework.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
While home insurance is typically associated with property purchases, it’s equally relevant for tenants in the UAE. Even if you don’t own the property, home insurance can protect your personal belongings and household contents, making it a worthwhile investment for renters.
Can Tenants Get Home Insurance?
Yes, tenants in the UAE can insure their personal items and household contents. Home insurance can cover valuable possessions like electronics, appliances, furniture, and other personal items within the rented property. The rising interest in home contents insurance, especially after the heavy rains in April this year, highlights its growing importance.
What Should Tenants Insure?
If you're renting an apartment or villa, home insurance can provide coverage for various items inside your home. This includes furniture, fixtures, electronic devices, luxury items such as rugs, paintings, and even antiques. The insurance policy can be tailored based on what you want to insure, ensuring protection in cases of fire, theft, flooding, or accidental damage. It’s crucial to declare any high-value items (typically over Dh10,000) when purchasing the policy to ensure proper coverage.
How Can Tenants Apply for Home Insurance?
Step 1: Assess Your Belongings Start by listing all the items you want to insure, along with their approximate values. This inventory will help determine the coverage level you need.
Step 2: Find an Insurance Provider Search for an insurance provider or broker. Most brokers have websites where you can fill out a form detailing the items you want to insure.
Step 3: Compare Premiums After submitting the form, you'll receive quotes from various insurers outlining the coverage and cost. Compare these options to find the one that best suits your needs.
Step 4: Make the Payment Once you’ve chosen a policy, complete the payment through a provided link. You will receive the policy document via email within 24 to 48 hours.
Importance of Timely Renewals
It’s essential to renew your home insurance policy on time. Many people overlook this, especially if they haven’t experienced any losses in recent years. However, insurance is meant to protect against unforeseen events, and failing to renew the policy could result in significant financial losses if something unexpected occurs.
How to Make an Insurance Claim
In case of damage or loss, tenants need to provide proof, such as purchase receipts or valuations of the damaged items. If you don’t have a receipt, a certified valuator can assess the item, and insurance providers can help connect you with one. Once the claim is submitted, the provider will assess it and disburse the appropriate amount.
Home Insurance Best Practices
When choosing a home insurance policy, consider these best practices:
By following these guidelines, tenants in the UAE can protect their belongings and enjoy peace of mind, even in a rented home.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
ADNOC has finalized a landmark deal to acquire Covestro, a leading global chemical company, through a cash takeover offer of Dh254 (62 euros) per share to all Covestro shareholders. The German plastics manufacturer confirmed its acceptance of the offer, which values the company at 12 billion euros ($13.3 billion).
This acquisition marks a significant milestone in ADNOC's international expansion strategy, particularly in its focus on chemicals, gas, LNG, and low-carbon energy sectors. The deal aligns with ADNOC's Board-mandated strategy to grow its presence globally, with the goal of becoming one of the top five chemicals companies worldwide.
Expanding ADNOC’s Chemical Portfolio
Once the transaction is successfully completed, Covestro will serve as the foundation of ADNOC's performance materials and specialty chemicals division. This move is expected to diversify ADNOC's chemical portfolio and support its long-term growth ambitions in the global chemicals market. Covestro's specialty chemicals expertise aligns with ADNOC's vision of sustainable growth and innovation in advanced technologies, such as artificial intelligence (AI).
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director, and CEO of ADNOC, emphasized the strategic nature of the partnership. "Covestro, as a global leader in high-tech specialty chemicals, brings invaluable expertise in advanced materials and AI technologies. This acquisition is a pivotal step in ADNOC’s journey toward becoming a top five global chemicals company," said Al Jaber.
He added, "This strategic partnership will not only deliver long-term value but also reinforce our commitment to diversifying ADNOC’s portfolio through disciplined investment in key assets."
Growing Demand for Chemicals
The global demand for petrochemicals is projected to grow at an average of 2% annually between 2024 and 2050, with the market expected to double by mid-century. Covestro’s portfolio of high-performance materials, used in various sectors from electronics to automotive, positions it as a critical player in meeting this growing demand. Its products, such as films for head-mounted displays and materials for virtual reality devices, highlight Covestro’s role in the integration of AI and digital technologies into everyday life.
Covestro's global reach, particularly in the Asia-Pacific and North American markets, is a key asset for ADNOC as it expands its international presence. With more than half of its revenues generated from these regions, Covestro’s extensive market footprint makes it an attractive investment for ADNOC.
A Shared Vision for Sustainability and Innovation
Covestro CEO Dr. Markus Steilemann expressed confidence in the partnership with ADNOC, stating, "This agreement with ADNOC International is in the best interest of Covestro and all our stakeholders. ADNOC’s financial strength and long-term vision will provide a solid foundation for our sustainable growth in key sectors, enhancing our ability to contribute to the green transformation."
Steilemann also highlighted the complementary growth strategies of both companies, with a shared commitment to sustainability, advanced technologies, and innovation forming the cornerstones of the partnership.
Covestro, headquartered in Germany, is known for its production of polyurethanes, polycarbonates, and performance materials essential for industrial applications. The company’s expertise, coupled with its industry-leading technologies, will further ADNOC’s efforts in expanding its chemical footprint and drive innovation in sustainable materials.
Next Steps
The takeover is subject to a minimum acceptance threshold of 50% plus one share of Covestro’s issued share capital, along with customary regulatory approvals. Once these conditions are met, the acquisition will proceed, positioning ADNOC as a significant player in the global chemicals industry and solidifying its commitment to strategic investments in sustainable, high-growth sectors.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The UAE's Ministry of Economy unveiled the National Economic Register (Growth) on September 30, a platform that serves as the largest economic database in the country. The platform offers a unified, real-time source of information on all commercial licenses for companies operating across the UAE.
The "Growth" platform allows businesses and investors to explore economic activities, as well as commercial and investment opportunities in various sectors. It also supports government efforts to reduce bureaucracy and improve the efficiency of public services using advanced AI technologies.
Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the platform is the first of its kind in the UAE, providing a reliable, comprehensive database on business licenses for over 4,000 economic activities across the seven emirates. It enables users to verify company information, analyze market trends, and access accurate statistics for informed decision-making and policy development.
In addition to aiding businesses, the platform allows government entities to manage economic activities digitally, further enhancing the competitiveness of the UAE’s economic landscape.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Federal Tax Authority (FTA) in the UAE has officially extended the deadline for businesses to submit their corporate tax returns. The new deadline, now set for December 31, 2024, applies specifically to short tax periods that end on or before February 29, 2024. This extension provides businesses with additional time to comply with the UAE's evolving corporate tax regulations.
Who is Affected by the Extension?
The extension is particularly relevant for companies that have short tax periods, which typically occur when a business is either newly established or changes its financial reporting year. These businesses, whose fiscal years end before February 29, 2024, now have until the end of 2024 to file their corporate tax returns.
This change is expected to provide much-needed relief for businesses that may have been struggling to adjust to the UAE’s relatively new corporate tax framework. The extension allows businesses more time to ensure that their financial records are accurate and complete, helping to avoid the risk of penalties for late filing or incorrect submissions.
Rationale Behind the Extension
The decision to extend the filing deadline aligns with the UAE government’s commitment to fostering a business-friendly environment. The introduction of corporate tax in the UAE, which took effect in 2023, marked a significant shift in the country's tax policy, impacting companies that were previously accustomed to operating in a largely tax-free environment.
Recognizing that businesses need time to fully adapt to the new corporate tax requirements, the FTA’s decision to extend the deadline provides companies with the opportunity to carefully assess their tax liabilities, file accurate returns, and ensure full compliance without undue pressure.
The extension also comes as businesses across various sectors are navigating a rapidly changing global economy. Many companies are still recovering from the economic impacts of the COVID-19 pandemic and adjusting to new regulations, both locally and internationally. By granting additional time, the FTA is offering a buffer that can help businesses ease into the new corporate tax regime.
Importance of Corporate Tax in the UAE
The implementation of corporate tax is part of the UAE’s broader strategy to diversify its economy, reduce reliance on oil revenues, and bring the country’s tax policies in line with global standards. By introducing a 9% corporate tax rate, the UAE has joined other major economies in establishing a formal tax framework for businesses operating within its borders.
The introduction of this tax is also aligned with global efforts to combat tax avoidance and ensure a fair and transparent tax environment. The UAE has taken significant steps in recent years to enhance its tax governance, including adopting measures to counter money laundering, implementing VAT in 2018, and establishing free zones where certain tax exemptions apply.
What Businesses Should Do Next
With the new deadline in place, businesses should prioritize reviewing their financial records and ensuring that they are in full compliance with the corporate tax regulations. Companies are advised to engage with tax professionals and auditors to properly assess their tax obligations and make use of the extended period to file accurate returns.
It is also important for businesses to stay informed about any further updates from the FTA regarding corporate tax rules and regulations. The FTA is expected to issue more detailed guidelines as the filing deadline approaches, which will help businesses understand how to comply with the new tax framework.
Conclusion
The extension of the UAE corporate tax deadline to December 31, 2024, provides a welcome reprieve for businesses still adjusting to the new tax regulations. By granting additional time, the FTA is demonstrating its commitment to supporting the UAE’s business community during a period of significant regulatory change. As the country continues to diversify its economy and align with international tax standards, businesses should take full advantage of the extension to ensure they are compliant with all corporate tax requirements.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) has affirmed that the decision by the Department of Health - Abu Dhabi to waive health insurance fines for foreigners who violated residency laws and have now been approved for status amendment demonstrates strong coordination within the UAE's government system.
This move highlights the humanitarian commitment of government entities to support initiatives aimed at assisting residents, while reinforcing the country’s legal frameworks. It is part of the ongoing efforts to promote adherence to laws, respect for regulations, and uphold the sovereignty of the legal system among all community members.
Lieutenant General Suhail Saeed Al Khaili, Director-General of the ICP, explained that this exemption from health insurance fines will facilitate the success of the initiative, which aims to help violators regularize their status. The decision not only encourages individuals to amend their situation but also reflects the UAE’s dedication to ensuring access to quality healthcare for all residents.
He also emphasized that individuals approved for status amendment, whether they choose to remain in the UAE or leave, can benefit from the fine exemption. However, those wishing to stay in the country must promptly secure health insurance coverage to comply with the regulations.
Bina Al Awani, Executive Director of the Healthcare Financing Providers Sector at the Department of Health - Abu Dhabi, noted that the waiver is part of the department’s commitment to ensuring that all residents can access high-quality healthcare services. She urged individuals to take full advantage of the initiative by completing the necessary health insurance enrollment procedures within the designated timeframe.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
In the digital age, where technology is rapidly evolving, the convenience of Artificial Intelligence (AI) tools, particularly chatbots like ChatGPT, has become indispensable for many users. These tools are being used for a wide variety of tasks such as preparing research, drafting emails, and even writing articles. However, a top Dubai Police official has issued a strong warning against the growing trend of sharing personal and sensitive information with these platforms.
The Risk of Oversharing
In an exclusive interview with Gulf News, Major Abdullah Al Sheihi, Acting Director of the Cyber Crime Department at Dubai Police, emphasized the potential dangers of oversharing information on AI-powered platforms. He stressed that while AI chatbots are increasingly being used for various purposes, users often fail to recognize the inherent risks of divulging personal data to these applications.
“AI applications have become very important to a huge number of users,” Major Al Sheihi noted. “They are relied upon for research, writing, email responses, and even managing everyday tasks. However, there is a downside that users must be aware of. These AI platforms, though designed to assist, can pose a significant threat to privacy and security if misused.”
The Danger of Trusting AI
The official pointed out that chatbots, such as ChatGPT, may appear to be harmless and trustworthy but are designed to analyze large amounts of data, including potentially sensitive or personal information provided by users. While these tools are intended to provide accurate responses based on user queries, they can inadvertently collect and store personal data, putting users at risk of cybercrime, identity theft, and data breaches.
“There is a misconception among users that these tools are completely secure,” Al Sheihi explained. “In reality, AI chatbots could store data that might be accessed or exploited by cybercriminals, especially if proper security protocols are not in place by the developers. It’s essential that people avoid sharing personal information such as addresses, phone numbers, or financial details with these platforms.”
Dubai Police's Cybercrime Warnings
Dubai Police have been at the forefront of raising awareness about the threats posed by cybercrime and how technological advancements can be exploited by malicious actors. Major Al Sheihi emphasized that the cybercrime landscape is constantly evolving, and criminals are increasingly leveraging AI tools to target unsuspecting individuals. Chatbots and AI platforms can become valuable assets in their toolkit, capable of gathering sensitive data through seemingly innocent interactions.
To protect users from these emerging threats, Dubai Police have launched various campaigns to educate the public on the risks associated with online platforms, including AI tools. The police urge individuals to exercise caution and avoid disclosing personal or sensitive information in interactions with AI applications.
Practical Tips for Users
To mitigate the risks of data misuse and cybercrime, Dubai Police have outlined several precautionary measures that users should adopt when engaging with AI tools like ChatGPT:
Limit the Sharing of Personal Information: Avoid sharing personal identifiers such as your full name, address, phone number, or banking details when using AI chatbots.
Verify the Security of Platforms: Before using an AI tool, research its developer and ensure the platform follows robust security measures to protect user data.
Use AI Responsibly: While AI tools can be incredibly useful, they should be used with caution. Rely on them for general tasks but refrain from using them for confidential or sensitive matters.
Stay Informed: Keep up with updates and alerts from cybersecurity experts and local authorities about the latest online threats, especially those related to AI tools.
Report Suspicious Activity: If you suspect your data has been compromised through an AI platform, report it immediately to the appropriate authorities, such as Dubai Police’s Cyber Crime Department.
A Global Concern
The concerns raised by Dubai Police are not isolated. Globally, cybersecurity experts have highlighted the potential risks associated with AI tools, which have grown in popularity but are still in the process of being fully regulated. As the use of AI continues to expand across industries, governments, and law enforcement agencies worldwide are grappling with how best to protect users’ privacy while encouraging the responsible use of these powerful technologies.
Conclusion
As AI technology continues to permeate daily life, its advantages are undeniable, but so are its risks. Dubai Police’s warnings highlight the importance of being vigilant and responsible while using AI applications. Users must recognize that their personal data, once shared, may be vulnerable to misuse. By following precautionary measures and staying informed about the latest cybersecurity threats, individuals can better protect themselves in an increasingly AI-driven world.
Dubai Police remains committed to ensuring the safety of its citizens and residents, encouraging everyone to be cautious when interacting with AI tools and reminding the public that the convenience of technology should never come at the expense of security.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
The Central Bank of UAE’s Sanadak Ombudsman Unit offers an independent and transparent mechanism for resolving insurance complaints, ensuring consumer protection and equitable outcomes
The Central Bank of UAE has taken a significant step towards promoting fairness and transparency in the insurance sector by establishing an independent Ombudsman Unit called "Sanadak". This initiative provides consumers with a strong mechanism to resolve disputes and grievances with the Insurance Companies in the UAE.
Key Aspects of resolving insurance disputes through Sanadak:
1. Independence and Autonomy:
Sanadak operates as an independent entity with administrative autonomy.
It functions under the Central Bank's oversight but maintains independence in managing complaint processes, ensuring impartial and fair resolutions.
This independence builds consumer trust, ensuring the process is not influenced by external pressures.
2. Principles Guiding Sanadak:
Sanadak adheres to principles of fairness, equity, objectivity, legality, and integrity.
It handles complaints involving misleading practices, unfair treatment, or non-compliance with regulations by insurance providers.
3. Eligibility for Filing Complaints:
Consumers must first and foremost file a complaint with the internal complaint handling department of the insurance company. If dissatisfied with the response, the consumers may approach the Sanadak after 30 business days.
Consumers themselves can file complaints with the Sanadak via online mode.
The Sanadak may reject complaints in specific cases, such as:
If the matter is under legal proceedings in any court.
If there was insufficient communication with the institution before filing.
If the complaint falls outside the prescribed time limits.
4. Dispute resolution by co-operative effort:
The insurance companies must co-operate fully with Sanadak in providing accurate information promptly.
Similarly, complainants must also provide all necessary details related to their case. Failure to meet these requirements may result in the dismissal of the complaint.
5. Time frame for filing complaints:
Complaints should be lodged within 3 years of the incident or within 2 years from when the complainant became aware of the issue, whichever is later.
6. Decision-Making Process:
After reviewing the complaint, Sanadak makes a determination to either uphold, partially uphold, or reject it.
Decisions are based on whether the insurance company was deceptive, or unfair to the consumer.
If any party disagrees with the decision, they can escalate the matter to the Appeals Committee within 30 business days.
If the party disagrees with the decision of the Appeals Committee, then matter can be taken to the courts.
7. Enforcement and Compliance:
When a complaint is upheld, Sanadak can direct the financial institution or insurance company to take corrective actions, including compensation for losses incurred by the complainant.
These determinations are binding, and non-compliance can lead to enforcement actions by the Central Bank.
Conclusion
The establishment of the Sanadak marks a significant advancement in consumer protection within the UAE’s insurance and financial sectors, offering an effective, transparent, and fair process for resolving disputes.
At NYK Law Firm, we specialize in guiding clients through the complexities of insurance disputes in the UAE. With our expertise, we ensure that your rights are protected at every step, providing you with peace of mind and clarity in even the most challenging situations.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Decennial liability is a significant aspect of construction law in the United Arab Emirates (UAE), designed to protect property owners from structural defects in buildings and other construction projects. This legal concept imposes a ten-year liability period on contractors and builders, ensuring that any defects or failures in construction are addressed within a specific timeframe. Understanding decennial liability is crucial for contractors, property owners, and investors in the UAE's booming construction industry.
The Legal Framework
Primarily Decennial liability in the UAE is primarily governed by Federal Law No. 5 On the Civil Transactions Law of the UAE (“Civil Code”), enshrined within; Article 880, which is considered as the definitive starting point of the decennial liability within UAE’s Civil Code.
With the first subsection focusing on affixing joint liability “for every defect endangering the solidity and security of the building” on the “engineer” and the “contractor, under his supervision” for “a period of ten years or a longer agreed period”. Indemnifying “the master of work for total or partial destruction of these buildings or fixed constructions”.
The second subsection effectively communicates the objective of this provision being the protection of the owner interests where even if the defect “is due to a defect in the ground itself, and even if the master authorized the erection of the defective buildings or fixed constructions” this “this obligation to indemnify shall remain in effect”.
With the third subsection establishing the time limit being 10-years beginning from the “delivery of the work”.
Key Provisions
Duration of Liability: As mentioned above, architects, contractors and engineers are liable for any defects affecting the structure of a building for ten years or a longer agreed period from the date of handover. While this applies to both residential and commercial properties per the limit set by Article 883 wherein, “Court action on the warranty may not be heard after three years from the occurrence of the destruction or the discovery of the defect.”
Scope of Liability: The liability covers significant structural issues that may compromise the safety and stability of a building. These can include faults in design, construction, or the materials used. Additionally, these faults in design, construction, etc., warranting decennial liability have been termed as trigger events by the UAE Courts, events resulting in ‘partial or total structural collapse’ and any ‘defects threatening the stability or safety of a structure’
Exclusions: It is important to note that decennial liability does not cover minor defects or issues that do not affect the overall safety and stability of the structure. Furthermore, if a defect arises from improper maintenance by the owner or third parties, the contractors, consultants and engineers involved may not be held liable. This exception also extends to external factors and natural disasters beyond the purview of the contractor or consultants, granted they can satisfy the burden of proof to qualify as such.
Implications for Stakeholders
For Contractors and Builders:
Contractors must ensure that they adhere to high standards of construction to avoid potential liabilities. Implementing quality control measures, using reliable materials, and following best practices can mitigate the risk of defects. Additionally, contractors should consider including clauses in their contracts that outline the scope of their responsibilities and limitations of liability.
For Property Owners
Property owners benefit from decennial liability as it provides a safety net against potential structural defects. It is advisable for property owners to conduct thorough inspections upon handover and document any defects. If defects are identified, owners should notify the contractor promptly to initiate repairs within the ten-year liability period.
For Investors
Investors in the UAE’s real estate market should be aware of decennial liability when evaluating properties. Understanding the implications of this liability can influence investment decisions, particularly regarding the reputation and reliability of the contractors involved in a project.
Mitigating circumstances
While no construction contract may directly waive, exclude or limit decennial liability under UAE law, as per public policy. Such liability may be mitigated by way of indemnities, namely insurance. With countries such as France and Egypt mandating the contractors to procure insurance as per their country codes. The only caveat here being that such insurance is rarely created for the sole purpose of addressing decennial liability and in jurisdiction where it is present it is heavily regulated by that country’s law.
Hence, as of now there does not seem to be a standard scheme to insure project against decennial liability, and even if there were it is hypothesized that such a product would not be commercially viable as it would only be relevant to the most complex projects.
Enforcement and Dispute Resolution
Disputes arising from decennial liability can be complex. In the UAE, these disputes may be addressed through:
Negotiation: Direct negotiations between the contractor and property owner can often lead to amicable resolutions.
Mediation: Engaging a mediator can help facilitate discussions and find mutually acceptable solutions.
Arbitration and Litigation: If disputes cannot be resolved through negotiation or mediation, parties may resort to arbitration or court proceedings. The UAE has a well-established legal framework for handling construction disputes, including specialized construction courts.
In terms of Compensation
As based on precedent, if presented with a claim against a contractor and a consultant the Court is likely to allocate liability on a pro rata basis as per their contributions to the defect while taking into consideration the severity of the fault or defect as well as each party’s individual connection to said fault.
Conclusion
Decennial liability serves as a crucial mechanism in the UAE’s construction landscape, providing essential protections for property owners while actively holding contractors responsible for their works one year from the date of the preliminary handover and passively for 10 years following the complete handover.
As the UAE continues to develop its infrastructure and real estate sector, understanding and navigating decennial liability will remain vital for all stakeholders involved. By prioritizing quality construction and clear communication, parties can effectively manage their responsibilities and protect their interests in this dynamic market.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
On July 15, 2024, the Dubai International Financial Centre (DIFC) introduced significant changes to its Prescribed Company (PC) regime through amendments to the Prescribed Companies Regulations 2024. These changes aim to streamline and broaden the framework for establishing a PC, offering more flexibility for individuals and entities seeking to hold real property in Dubai and across the GCC.
Key Features of the New Regime
Under the revised PC Regulations, any party intending to own or control one or more registrable assets within the GCC can now form a Prescribed Company. Registrable assets include properties or property interests that require formal registration with a GCC authority to establish legal ownership, secure rights, or claims, and provide public notice of such interests.
This new approach simplifies the process of forming a PC and opens the door to a broader range of asset holders who want a more streamlined structure for property ownership in the region.
Streamlined Formation and Grace Period
To support this transition, the DIFC has introduced a six-month grace period that begins once a Prescribed Company is established. During this time, shareholders are allowed to finalize the acquisition of real estate or other GCC registrable assets. The documentation confirming the acquisition must then be submitted to the DIFC.
This grace period ensures a smooth process, allowing the company to be formed first, followed by asset acquisition, with the administrative support of a licensed Corporate Service Provider (CSP) within the DIFC.
Advantages of the PC Structure
Although there are existing structures like foundations and trusts in the UAE that can hold real estate, the updated PC regime offers several distinct advantages. A key benefit is the opportunity to operate within the DIFC’s common law jurisdiction, known for its business-friendly environment, low fees, and simplified processes.
Additionally, PCs can use licensed CSPs to provide a registered office within the DIFC, further simplifying administrative procedures and reducing the regulatory burden for asset holders.
Conclusion
The revamped PC regime offers a highly efficient and flexible option for real estate ownership across the GCC. By providing a straightforward structure for holding assets, along with the benefits of the DIFC’s legal framework, it has the potential to attract more international investors and simplify the process of acquiring and managing property in Dubai.
As the real estate market in Dubai continues to evolve, this new regime offers a modern solution to meet the growing demand for streamlined ownership structures in the region.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
In the UAE, the extraction and use of groundwater is regulated by law. In Fujairah, residents must obtain a permit before digging a well on their property. Failing to do so can result in significant fines ranging from Dh2,000 to Dh10,000, depending on the violation. In some cases, penalties can be even higher. For instance, in 2020, two individuals were fined Dh3 million for digging a well and selling groundwater without authorization.
The Fujairah Environment Authority oversees the well-drilling process, ensuring compliance with environmental standards. Residents can apply for the required permits online through the authority's website, and the process typically takes two working days.
Steps to Obtain a Drilling Permit
Required Documents
Who Can Apply?
This service is available to both individuals and legal entities, including commercial, industrial, and mining companies.
Processing Time and Fees
The application process for well-digging permits takes two working days. Fees are categorized as follows: digging a water well on a farm costs Dh200, while drilling a water well in facilities is Dh10,000.
Terms and Conditions
By following these guidelines and securing the proper permits, residents and businesses in Fujairah can avoid hefty fines and ensure their well-drilling activities comply with UAE
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Emiratis who have previously taken a loan to build or purchase a home can now apply for a top-up loan of up to Dh500,000, thanks to a new initiative launched by the Abu Dhabi government. This program is designed to help eligible citizens enhance their existing loans of Dh1.75 million, providing them with the financial support needed to secure housing that better suits their needs.
The Abu Dhabi Housing Authority (ADHA) has partnered with Abu Dhabi Commercial Bank (ADCB) to offer these additional loans. The Abu Dhabi government will cover 50% of the interest and gains on the top-up financing, making it more affordable for beneficiaries.
Eligibility Criteria:
Key Terms:
This initiative was formalized through an agreement signed by His Excellency Hamad Hareb Al Muhairi, Director General of the Abu Dhabi Housing Authority, and Ala’a Eraiqat, CEO of ADCB Group.
Hamad Hareb Al Muhairi emphasized that the collaboration with the private sector reflects ADHA’s dedication to offering a diverse range of housing solutions tailored to citizens' needs. Ala’a Eraiqat, CEO of ADCB, highlighted the crucial role of banking institutions in the housing sector, noting that this initiative aligns with the UAE’s leadership priorities for a sustainable future.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels
Dubai's real estate market has been marked by rapid growth and substantial foreign investment. To address this, Dubai Law No. 13/2008 on the Interim Real Estate Register, as amended by Dubai Law No. 9/2009, Dubai Law No. 19/2017, and Dubai Law No. 19/2020 (the "Law"), establishes key safeguards to protect both developers and buyers, particularly in off-plan property transactions. The Law provides a comprehensive legal framework for the registration and regulation of off-plan sales, promoting transparency and accountability. This article examines the Law’s critical provisions, amendments, and their practical impact on Dubai's real estate sector.
Understanding the Interim Real Estate Register
Under Article 3 of the Law, all transactions related to off-plan real estate units must be registered in the Interim Real Estate Register before they can be legally recognized. This register, maintained by the Dubai Land Department (DLD), documents all off-plan sales and related legal actions, ensuring that both developers and buyers are protected until the property is completed and transferred to the Real Estate Register. The law clearly states that any sale or other legal actions concerning off-plan units are void if not recorded in the Interim Real Estate Register. This measure prevents fraudulent or unauthorized sales and ensures that the legal interests of all parties are safeguarded.
Key Developer Obligations
Before selling off-plan properties, developers must meet certain requirements outlined in Article 4 of the Law. These include receiving ownership of the land and obtaining necessary approvals from relevant authorities. Developers must also ensure that all off-plan real estate units are properly registered before any sales or legal actions, such as mortgages, can be conducted, as mandated by Article 6 of the Law. Additionally, if a developer wishes to engage a real estate broker to market the project, Article 9 of the Law requires that the developer first enter into a formal contract with the broker in compliance with Dubai Regulation No. 85/2006, which governs the registration of real estate brokers.
Re-Sale of Off-Plan Properties
Re-selling off-plan properties follows a structured process to ensure transparency and legality: Buyers and sellers must first apply for a No Objection Certificate (NOC) from the developer. The transaction is registered under the Oqood Management System, a platform developed by the DLD in conjunction with the Real Estate Regulatory Authority (RERA). The developer enters the buyer’s details into the system, and once the buyer pays the Oqood fees (4% of the property’s original price), a Certificate of Registration is issued. Upon completion of the property, and once the buyer has fulfilled all payment obligations, the property is transferred to the Real Estate Register in the buyer’s name. This process ensures that off-plan transactions are tracked from inception to completion, minimizing disputes and legal ambiguities.
Developer and Buyer Rights and Obligations
Developers and buyers both have clearly defined rights and obligations under Dubai Law No. 13/2008: Buyers are required to pay the purchase price, registration fees, and any costs associated with title deeds or NOC fees, unless otherwise agreed. Developers, while having no statutory obligations beyond registration, must comply with contractual commitments, especially regarding delivery timelines and accurate representations of the property. In case of disputes, Article 11 of the law provides a mechanism for developers to notify the DLD if a buyer defaults on their contractual obligations. Depending on the completion status of the project, developers can take various actions, such as requesting the DLD to auction the property or rescinding the sale and retaining a percentage of the unit's value.
Legal Remedies for Disputes
The law provides several remedies for both resale and off-plan transactions. With regard to resale properties: Under Article 272 of Federal Law No. 5/1985, either party may terminate the contract if the other fails to fulfill their obligations. If termination occurs, the parties must restore what they have received, or compensation is awarded under Article 274 if restitution is not possible. In the case of off-plan properties, the Dubai Law No. 19/2017 amends Article 11 of the Law to allow developers to rescind the contract and deregister the sale in case of non-payment by the buyer, without needing to approach the courts. However, buyers can challenge such deregistration.
Conclusion
Dubai Law No. 13/2008 and its amendments establish a comprehensive legal framework for managing off-plan property sales in Dubai. By ensuring that all transactions are properly recorded in the Interim Real Estate Register, the law protects both developers and buyers from fraudulent dealings and legal uncertainties. The amendments introduced in subsequent years have strengthened the protections for investors while providing developers with clear guidelines for enforcing contractual obligations. As Dubai’s real estate market continues to grow, the legal safeguards established by this law will play a crucial role in maintaining investor confidence and market stability.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
At the UAE Growth and Investment Forum, businesses were urged to prioritize compliance with both VAT and corporate tax to avoid significant financial penalties. With the recent introduction of corporate taxation in the UAE, understanding the tax landscape has become crucial for businesses, particularly small and medium enterprises (SMEs) and new ventures.
The forum emphasized the importance of distinguishing between VAT and corporate tax. These are two separate obligations, and non-compliance with either can lead to hefty fines. Some businesses mistakenly believe that registering for one tax exempts them from the other, which can result in costly mistakes.
To ensure compliance, businesses must first understand the fundamentals of the tax regime. Key aspects include identifying the tax periods, managing allowable expenses, and understanding the process of currency conversion in line with the UAE’s Central Bank rates. Financial statements must be reported in UAE Dirhams, and consistency in currency conversion methods is critical for maintaining compliance. Companies must also assess their tax residency status and determine whether they are operating as resident or non-resident entities, as this affects their tax obligations.
Free zones and mainland entities are subject to different regulations, and businesses must stay informed about the specific rules that apply to them. In addition, businesses must comply with transfer pricing rules and economic substance regulations, which are crucial for transactions with related parties.
Legal Perspective and Tips for Businesses:
Stay Updated on Tax Laws: UAE's tax laws are evolving, so businesses should regularly consult legal experts and reliable sources to stay informed about the latest changes in VAT and corporate tax regulations.
Implement Robust Accounting Systems: Accurate financial tracking is essential for maintaining compliance. Businesses should invest in reliable accounting software and systems to ensure proper documentation and timely tax filings.
Understand Your Entity Type: Whether operating in a free zone or mainland, businesses must clearly understand their entity type and the applicable tax regulations to avoid unnecessary penalties.
Seek Professional Guidance: Navigating the complexities of VAT and corporate tax can be challenging, especially for new businesses. Consulting with tax experts can help avoid costly errors and ensure adherence to the legal requirements.
Plan for Future Tax Periods: Identifying the first tax period and understanding the ongoing tax obligations is vital for long-term compliance.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
A new law in Dubai will regulate how community members, employees, and organizations involved in managing public facilities can assist the government in enforcing rules and preventing violations. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, has issued Law No. (19) of 2024, which establishes guidelines for granting law enforcement capacities to individuals and institutions in the emirate.
This legislation aims to ensure that individuals and organizations tasked with law enforcement carry out their duties effectively, while also fostering greater collaboration between the public and private sectors in managing public facilities.
Empowering Community Involvement
The law’s primary goal is to empower community members to assist government authorities in upholding the law and preventing any actions that contravene Dubai’s legislation. By involving citizens and residents, the law seeks to broaden the responsibility of safeguarding public order across the wider community.
The regulations will apply to:
Key Requirements for Law Enforcement Capacity
Under the new law, to be granted law enforcement authority, individuals must meet several criteria. They must be at least 30 years old, although exceptions may be granted by senior government officials when necessary. They must also possess the relevant knowledge, qualifications, and expertise in the areas they oversee, with a thorough understanding of the legislation they are tasked with enforcing.
Furthermore, individuals must complete relevant training programs and demonstrate proficiency in using modern technologies. The law mandates the use of Arabic in investigations and outlines clear guidelines for the duties and performance assessments of judicial officers.
Revocation and Replacement of Previous Law
Law No. (19) of 2024 also provides a framework for revoking law enforcement capacity when necessary. Such decisions are subject to a ruling issued by the chairman of the Supreme Legislative Committee in Dubai. The new decree replaces Law No. (8) of 2016, which previously governed the regulation of law enforcement capacity in the emirate.
Legal Perspective
From a legal perspective, the introduction of Law No. (19) of 2024 reflects Dubai’s ongoing efforts to enhance the rule of law and ensure the effective implementation of legislation. By expanding law enforcement capacities to include community members and private sector employees, the law fosters a proactive partnership between the public and private sectors.
The law imposes strict conditions for those granted law enforcement authority, emphasizing the importance of knowledge, training, and technological expertise. The inclusion of proficiency in modern technology is notable, as it aligns with Dubai’s vision of becoming a leading digital and smart city.
By setting a minimum age requirement of 30, with exceptions allowed at the discretion of senior officials, the law aims to ensure that those entrusted with such responsibilities possess the maturity and experience necessary to enforce laws effectively. However, the provision for exceptions grants flexibility, allowing for younger individuals with specialized skills to contribute where needed.
Finally, the requirement to use Arabic in investigations ensures linguistic uniformity and compliance with local legal standards, maintaining the integrity of legal procedures.
In conclusion, Law No. (19) of 2024 not only enhances Dubai’s legal framework but also underscores His Highness Sheikh Mohammed bin Rashid Al Maktoum’s commitment to inclusive governance by empowering community members to play an active role in maintaining public order and upholding the rule of law.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
Healthcare in the UAE can be expensive, especially for those seeking high-quality medical services. However, government healthcare facilities offer a cost-effective alternative for residents looking to save on their medical expenses. The Emirates Health Services (EHS), which manages a network of public hospitals and clinics across the UAE, provides affordable medical care with significantly reduced service charges. One key way to access these services is through the EHS health card.
In this article, we will cover what the EHS health card is, how to apply for it, and the benefits it offers.
What Is the EHS Health Card?
The EHS health card allows UAE residents to access affordable healthcare at public medical facilities, including hospitals and clinics managed by Emirates Health Services. With this card, residents can avoid the additional 20 percent service charge typically applied at private healthcare providers. EHS operates over 100 public healthcare facilities throughout the UAE, including 13 hospitals and 59 primary health centres. This extensive network ensures that residents can receive high-quality medical services in various regions of the country.
Benefits of the EHS Health Card
How to Apply for the EHS Health Card
Applying for an EHS health card is a straightforward process. You can submit your application at any public hospital or clinic managed by EHS, or even at a typing centre. Here's a step-by-step guide:
Costs and Fees
The cost of applying for an EHS health card is minimal compared to the savings you will receive on healthcare services. While exact fees can vary, they generally depend on your age, residency status, and the type of services you require. Residents are encouraged to visit the nearest EHS facility or typing centre to confirm the current charges before applying.
Who Should Apply for the EHS Health Card?
The EHS health card is particularly beneficial for residents who regularly seek medical care or wish to have an affordable healthcare option available. It’s also a great solution for expatriates who are not covered by private health insurance, or those who prefer the lower costs associated with public healthcare. Additionally, the card is ideal for families looking to reduce their overall healthcare expenses, especially for routine check-ups, treatments, and emergency services.
Conclusion
The EHS health card offers UAE residents an affordable way to access quality healthcare at government facilities. With a simple application process, reasonable fees, and significant cost savings on medical services, it is a practical option for individuals and families alike. By applying for an EHS health card, residents can ensure they have access to reliable medical care without the financial strain often associated with private healthcare providers.
For more information on the EHS health card and the application process, visit your nearest EHS hospital or clinic, or inquire at a local typing centre.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
For the first time, UAE motorists can now access third-party insurance coverage for vehicle damage caused by floods and storms. Launched by Al Fujairah National Insurance Co. (AFNIC), the new product, FloodGuard, provides protection for both personal and company-owned vehicles used for leisure or personal purposes—particularly for those over seven years old that may not qualify for comprehensive insurance. However, it does not cover commercial vehicles.
FloodGuard offers two coverage options: policyholders can choose between limits of Dh25,000 or Dh50,000 for a 12-month term, with premiums starting at Dh350 and Dh550, respectively. This standalone insurance can be purchased by any motorist in the UAE, regardless of their primary insurer, provided they have an existing third-party liability (TPL) policy.
It is important to note that this product does not replace traditional comprehensive or TPL motor insurance, and its coverage activates 15 days after the start date. While the policy protects against damage from natural events like storms and floods, it excludes damages from incidents such as getting stuck in sand dunes, beaches, wadis, or man-made water bodies. Additionally, FloodGuard covers only cars, excluding two-wheelers.
The introduction of this policy follows severe rainfall in mid-April 2024, which damaged thousands of vehicles across the UAE, resulting in millions of dirhams in losses. While vehicles with comprehensive insurance were able to claim, those with third-party insurance were left without coverage.
“Innovation is crucial in the competitive UAE market,” said Antoine Maalouli, CEO of AFNIC. “This year’s extreme weather events, worsened by climate change, left many without adequate protection. With motorists increasingly seeking coverage for natural disasters, FloodGuard fills a vital gap in the market, providing peace of mind for vehicle owners.”
Maalouli also expressed pride in AFNIC’s leadership in introducing this unique insurance solution to the UAE, offering much-needed relief for private car owners in the wake of the recent storms.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
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 standardizing 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.
Key Features of the Unified Model
The newly introduced employment contract model applies to all employees within the federal government, covering various employment types and work patterns. It is designed to address several critical aspects of employment, including:
- Work Patterns: The model clarifies the different work patterns allowed under federal government employment, giving room for diverse roles and responsibilities while maintaining operational efficiency.
- Flexible Timings: The reform includes provisions for flexible working hours, recognizing the growing need for adaptable work schedules in a modern work environment.
- Contract Durations: 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.
Application to Emiratis and Expats
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.
Enhancing Legal Clarity and Reducing Disputes
From a legal standpoint, this initiative represents a significant step towards reducing ambiguity and employment disputes in the public sector. By standardizing 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.
A Boost to Emiratisation Efforts
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.
Conclusion
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.
This initiative further solidifies the UAE's reputation as a leader in progressive labor policies, offering a model that other nations may look to as a benchmark for employment reform.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
In today’s rapidly digitizing world, it isn’t merely boardroom pressures that keep the chief executives of global financial institutions awake at night. Instead, it’s the growing concern over cybersecurity risks that threatens the very core of their operations. For banks managing trillions of dollars in assets, the rise of digital technologies has also meant an increasing number of cyber threats that traditional measures are struggling to contain.
Jane Fraser, the CEO of Citigroup, succinctly captures this anxiety, stating that cybersecurity risks are the ones “you can't really control.” Despite significant investments aimed at mitigating these risks, Fraser and many of her counterparts across the financial services industry acknowledge that cyber threats remain a top concern.
This sentiment is echoed in the UAE, where Ahmed Abdelaal, CEO of Mashreq Bank, highlights cybersecurity as the number one threat facing financial institutions today. "If I am not paying equal attention to this important front, then I am not doing my job," he asserts, emphasizing that while innovation and business expansion are vital, neglecting cybersecurity can undermine an institution’s entire operation.
The increasing interconnectedness of global finance, coupled with the introduction of technologies like the Internet of Things (IoT), machine learning, and artificial intelligence, has exposed financial institutions to vulnerabilities that they never faced before. For banks in the UAE and beyond, the stakes are higher than ever as cyber criminals become more sophisticated.
The Financial Sector as a Prime Target
Financial institutions are especially attractive to cybercriminals due to their vast monetary resources and the immense amounts of personal data they store. James Maude, CTO of BeyondTrust, notes, “When it comes to cyber threats, they follow the money, making banks and financial institutions a big target.” Indeed, the consequences of such attacks are not limited to individual victims but have the potential to disrupt entire economies.
In 2024, cyber threats ranked as the second most concerning issue for global banks, just behind inflation and rising interest rates, according to research firm GlobalData. However, there is a growing disconnect between the magnitude of these threats and the resources allocated to combat them. Many institutions face cuts in cybersecurity budgets, which could have serious long-term implications.
Despite these challenges, spending on cybersecurity continues to rise. Banks are expected to spend more than $8.5 billion globally on cybersecurity in 2024, nearly double the $4.29 billion spent in 2019. Institutions like JPMorgan and Bank of America have ramped up their efforts significantly, with annual expenditures reaching hundreds of millions of dollars to ward off attacks.
UAE’s Regulatory Landscape and Initiatives
In the UAE, the regulatory environment is evolving in response to these risks. Mohammed Al Kuwaiti, Chairman of the UAE Cybersecurity Council, has announced that the executive regulations for a new encryption law, aimed at establishing key standards for data transmission security, are expected to be finalized by the end of the year. This move aligns the UAE’s cybersecurity infrastructure with the rapidly advancing global technological landscape, particularly in preparation for the challenges posed by quantum computing.
Quantum computing, while still in its nascent stages, poses a serious threat to the financial services industry. Experts warn that as quantum computing advances, current encryption methods could become obsolete. David Boast, managing director at Endava, points out that quantum computers will be capable of dismantling the secure firewalls and encryption banks use today.
The UAE’s proactive approach to regulating and preparing for these emerging technologies reflects a deep understanding of the cybersecurity challenges ahead. As quantum computing inches closer to becoming a reality, post-quantum cryptography algorithms, which are resistant to the power of quantum computing, will be essential for protecting financial data.
The Cost of Cybersecurity Breaches
The financial costs of a data breach in the financial sector are significant. According to IBM’s 2024 report, the average data breach cost in the financial sector exceeds $6 million, making it the second-most expensive industry after healthcare. In the UAE, the financial sector's heavy reliance on digital banking makes it particularly vulnerable, as cyber attackers target institutions integral to the economy.
For banks in the UAE, the focus on cybersecurity must not only address technological solutions but also ensure that clients are educated on the risks. Abdelaal of Mashreq Bank underscores the importance of client-side security, warning that even the most robust firewalls can be breached by simple user errors such as clicking on phishing links.
In conclusion, the financial sector’s cybersecurity battle is far from over. For UAE banks and financial institutions, the stakes are high, and the cost of inaction could be devastating. As cybercriminals continue to evolve, so too must the strategies employed by banks to defend against them. Investing in cutting-edge technologies, regulatory preparedness, and client education will be key to mitigating these risks and securing the future of finance in the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
Dubai will observe a public holiday on Sunday, September 15, to honour the Prophet Muhammad's birthday. Government offices, departments, and institutions will be closed, with regular operations resuming on Monday, September 16. However, this does not apply to public-facing services, facilities management, or institutions with rotating shifts, which will continue to operate according to their operational needs.
The Prophet's birthday is traditionally observed on 12 Rabi' Al-Awwal 1444 in Islamic nations, including the Gulf region.
Following this holiday, residents in the UAE can look forward to a four-day break in December, with National Day falling on December
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
The Abu Dhabi Department of Economic Development (ADDED) has issued a warning to all licensed businesses in the emirate, emphasizing the importance of complying with regulations when engaging with social media influencers for advertising and promotional activities.
In a recent circular, ADDED acknowledged the efforts of local businesses to foster a healthy economic environment but stressed the need for stricter adherence to established guidelines. The department outlined the following key requirements:
- Social media influencers must obtain a license from ADDED to legally provide advertising services through online platforms.
- Businesses must secure a permit from ADDED before engaging in any advertising, promotional, or marketing activities.
- Companies are responsible for ensuring that influencers they collaborate with hold valid licenses issued by ADDED.
Failure to meet these requirements will result in penalties as outlined in ADDED’s table of violations. Non-compliant businesses risk fines ranging from AED 3,000 to AED 10,000 and could even face closure for failing to follow the department’s directives.
In a new initiative aimed at supporting parents during the crucial postpartum period, Abu Dhabi has announced a free home visitation service for new mothers. Certified maternity nurses will provide psychological and emotional assistance to help families adjust to the challenges of early parenthood. This service can be accessed via the Medeem Digital Platform, offering a range of resources for couples preparing for marriage or parenthood.
The launch of this program comes shortly after Abu Dhabi extended maternity leave to 90 days for Emirati women employed in the private sector, enhancing support for working mothers.
The home visit service is part of the broader Emirati Family Growth Programme, introduced by the Department of Community Development.
This initiative, launched in July, includes six key measures aimed at fostering family stability and growth among UAE nationals:
1. Interest-free loans of up to Dh150,000 to help cover wedding and early marital expenses, with the possibility of loan forgiveness if the couple has two children within five years.
2. Temporary housing for newlyweds, offering rental assistance of up to Dh75,000.
3. Housing loan discounts of up to Dh40,000 per child for families with four or more children.
4. Extended repayment periods for housing loans, without increasing the total loan amount, for families with their fourth, fifth, or sixth child.
This comprehensive program emphasizes the UAE’s commitment to fostering familial and societal cohesion by offering practical and financial support to Emirati families.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
A recent Federal Decree has introduced key amendments to the UAE's Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Law, marking a significant step in the country’s ongoing efforts to enhance its AML framework. These changes come on the heels of the UAE’s removal from the Financial Action Task Force (FATF) Grey List, reflecting the nation’s commitment to maintaining robust AML controls.
Understanding the Amendments
Contrary to some market interpretations, the new amendments do not establish entirely new oversight bodies for AML/CFT. Instead, they reorganize existing structures to align with the UAE’s broader governance framework. The National Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organizations Committee (National Committee), originally formed by a decision of the Minister of Finance, will now be formally constituted by the Cabinet. The Higher Committee, initially a temporary body created to oversee the UAE’s FATF Mutual Evaluation, will become a permanent entity known as the Supreme Committee, falling under the Presidential Court's authority.
These changes reflect the UAE’s intent to elevate AML governance to the highest levels of government. The introduction of a General Secretariat to the National Committee is particularly noteworthy, as it promises to enhance the Committee’s operational capabilities by providing dedicated resources, thereby improving the overall effectiveness of AML oversight.
Implications for Businesses
While the amendments do not directly alter compliance requirements for regulated entities, they signal a shift towards a more rigorous enforcement environment. The UAE’s elevation of AML oversight bodies highlights the government’s prioritization of AML initiatives, suggesting that businesses should prepare for increased scrutiny.
Recent actions by UAE authorities reinforce this trend. The Central Bank imposed a $1.6 million fine on a local bank for AML/CFT violations, the Ministry of Economy revoked licenses of 32 precious metals dealers for AML failings, and the Cabinet amended penalties for Designated Non-Financial Businesses and Professions (DNFBPs) with compliance issues. These measures underscore the UAE’s determination to maintain a stringent enforcement regime.
Looking Ahead
Businesses should anticipate that the UAE’s focus on AML enforcement will continue to intensify, particularly as the country prepares for its next FATF Mutual Evaluation between 2025 and 2027. Authorities are likely to emphasize areas such as virtual asset regulation, asset recovery, information sharing, and the development of national databases to strengthen the national risk assessment.
While the recent amendments do not impose new compliance obligations, they serve as a clear indication that the UAE is committed to refining its AML framework in line with FATF standards. Companies operating in the UAE should remain vigilant and ensure their AML practices are robust, as further regulatory adjustments and enforcement actions are expected in the near future.
Introduction:
An Equivalency Certificate is a crucial document issued by the UAE Ministry of Education to validate academic qualifications earned from recognized institutions abroad. This certificate ensures that your degree meets the UAE’s academic standards and international education criteria. Whether you are a student, professional, or expatriate seeking career opportunities in the UAE, obtaining this certificate is essential. Below is a step-by-step guide to help you through the process.
Step 1: Attesting Your Degree and High School Certificate
Begin by getting your highest academic degree (Bachelor’s or Master’s) and High School/Secondary School (HSS) certificate attested by the UAE embassy in the country where you obtained them. If these documents are not in English or Arabic, they must be translated accordingly.
For a Bachelor’s degree, you will need:
For a Master’s degree, you will need:
Step 2: Obtaining a 'Genuineness Letter' (If Required)
In some cases, a genuineness letter is needed to confirm that your studies were conducted at an accredited institution. Check the Ministry of Education’s list of countries to see if your country requires this letter. If needed, the process involves coordination between the UAE embassy, your college/university, and the Ministry of Education.
For Indian applicants, the Verification of Education Document can be done via IVS Global, the authorized service provider. The application will be sent to the relevant university for verification. You can track the status of your application through the courier company’s website to ensure it has been delivered to the university.
Step 3: Applying for an ICA Travel Report
To move forward with the equivalency process, you must obtain an ICA Travel Report, which details your entry and exit dates, ports of entry/exit, and passport information. This report can be acquired from the Federal Authority for Identity and Citizenship (ICA) or the General Directorate of Residency and Foreigners Affairs (GDRFA). Applications for this report can be submitted through ICA customer happiness centres, online platforms, or the Dubai Now app.
Step 4: Submitting Your Application for the Equivalency Certificate
After completing the previous steps and gathering all the necessary documents, you can apply for the Equivalency Certificate via the Ministry of Education's online portal. Follow the instructions provided on their website to complete the application form accurately.
Documents Required for the Equivalency Certificate Application:
Conclusion:
Obtaining an Equivalency Certificate in the UAE is a necessary step to ensure that your academic qualifications are recognized within the country. By following the outlined steps—degree attestation, obtaining a genuineness letter if needed, applying through the Ministry of Education’s portal, and submitting the required documents—you can facilitate the recognition and acceptance of your academic credentials in the UAE.
Starting September 1, 2024, a new regulation will be implemented for UAE residents and tourists flying to Schengen countries, restricting the amount of liquid they can carry in their hand luggage to a maximum of 100ml per container.
This temporary measure, announced by the European Council, has been introduced in response to a technical issue rather than any new security threat. The restriction aims to address concerns related to the screening of liquids at European airports.
Details of the Regulation
The European Commission explained that while certain EU airports currently use Explosive Detection Systems for Cabin Baggage (EDSCB), which allow passengers to carry liquid containers exceeding 100ml, this capability will be temporarily suspended from September 1. Airports that have not implemented EDSCB or already limit liquids to 100ml will remain unaffected by this change.
The Commission emphasized that this measure is precautionary and aligns with international aviation security standards. It is working closely with member states and the European Civil Aviation Conference to quickly resolve the technical issue and ensure safe and secure air travel.
Finland's national airline, Finnair, also confirmed that starting September 1, only liquid containers up to 100ml will be permitted in carry-on luggage at European airports, including Helsinki Airport. However, the total liquid allowance per passenger remains at two liters, and transfer passengers at Helsinki Airport will not be affected by this rule.
This regulation is particularly significant for UAE residents and tourists, as Schengen countries are popular destinations for both business and leisure travel. The temporary rule serves as a reminder to travellers to adjust their packing accordingly to avoid inconvenience at the airport.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
In a recent ruling on August 15, 2024, the Dubai Court of Cassation in Case No. 339 of 2023 (Civil) affirmed that foreign court judgments can be enforced in the UAE, even when the UAE courts could have originally handled the dispute.
Case Background
The case involved a judgment creditor seeking to enforce a monetary judgment issued in Poland within the onshore Dubai courts. Initially, the enforcement judge allowed the Polish judgment to be enforced in the UAE. However, the defendant appealed, and the Court of Appeal overturned this decision. The judgment creditor then escalated the matter to the Court of Cassation.
Court of Cassation's Ruling
The central question was whether the UAE courts could refuse to enforce a foreign judgment on the grounds that they had jurisdiction over the original dispute due to the defendant’s residency in the UAE. The judgment creditor argued that the defendant's UAE residency did not preclude the lawsuit from being filed in Poland, especially since the judgment pertained to an incident that took place there.
Historically, under Article 235 of the old Civil Procedures Law No. 11 of 1992, UAE courts could deny enforcement of foreign judgments if they had jurisdiction over the underlying dispute, even if that jurisdiction was not exclusive. However, the Court of Cassation clarified that the law has since evolved. The current legal standard, as outlined in Article 85 of Cabinet Resolution No. 57 of 2018 (and its amendments), specifies that enforcement of foreign judgments in the UAE can only be refused if the UAE courts have exclusive jurisdiction over the matter.
In this case, since the UAE courts did not have exclusive jurisdiction, there was no legal basis to deny enforcement of the Polish judgment.
Conclusion
This ruling underscore the UAE courts' openness to enforcing foreign judgments, providing reassurance to claimants who choose to resolve disputes in foreign jurisdictions while maintaining the ability to enforce favourable outcomes within the UAE.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
An eminent investment company in the United Arab Emirates is preparing to create a new fund worth $ 500 million which will be used for investment into the projects of the emerging digital economy. This specific direction is largely influenced by the company’s appetite to capitalize on new technologies and apply them in various industries.
Helping UAE to Become Digital
The firm remains unnamed in this report, but it has been said that the new fund will be focused on strengthening those digital initiatives which are highly likely to generate huge economic and technological revenues for the country. This complies with the current digital transformation strategy of the UAE, which is intended to make the country one of the strongest nations with respect to technology and invention.
The emotional fund aims to delve into diverse aspects of the digital space including but not limited to artificial intelligence, fintech, blockchain, e-commerce, and digital healthcare whose budget amounts to $500 million a year. The member of the firm to address the raise stated that, this investment will not only enhance technology but will also create jobs and stimulate the local economy. The move would enable the UAE to attract global technological experts, positioning the country as a center-nucleus of digital industry.
Strategic Funding of Emerging Technologies
According to legal practitioners from various law firms, including corporate and financial practitioners, the move has been welcomed. They see this as a major initiative meant to enhance the UAE’s position in the global digital economy. With the UAE’s geographic advantage and business-friendly climate, creating such a fund could spur even bigger investments in that part of the world.
"The launch of this fund of $500 million is one more sign that the UAE's aspirations are to create a society that supports innovation,” explained an associate from one of the law firms in the case. “With the assistance of the firm in these emerging technologies, it is not only helping the economic diversification objectives of the UAE, but it is also supporting advancement that is going to improve industries beyond what has been established."
In line with Government Objectives
In the recent past, the UAE government has been supportive of initiatives that will position the nation at the center stage of modern technology. The government's digital strategies are also time-certain to develop countries’ GDP per capita by not much less than 2-digit contributions over the next few years. Therefore, this new $500 million fund will be in line with these national goals since it will assist in financing reform initiatives that are in line with the vision of UAE.'s digital economy.
Legal Frameworks and Regulations
In consideration of the forthcoming digital projects, legal experts have placed emphasis on the regulations governing such investments. Regulatory authorities within the UAE have taken the initiative to amend statutes and regulations in alignment with new developments in technology. For example, the Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM) have implemented rules on the regulation of digital assets and investments in the fintech industry to protect investors.
Legal practitioners in the field recommend that organizations considering investment in a digital platform should carry out proper exploratory examination and observe laid down laws so as to lower the threats of cybersecurity, privacy and intellectual property theft.
The Future Outlook for the Digital Sector in the UAE
With the current global trend of the economy gravitating to digital ways of doing business, it is anticipated that the UAE proactive measures in developing a digital economy will bear great benefits. According to industry experts, this fund of $500 million is expected to be in high demand from foreign technology companies and start-ups wishing to establish a presence in the Middle Eastern region.
This fund is an important landmark in the UAE’s quest to establish itself as a digital superpower. It is representative of the company’s belief in the capability of the UAE to be at the fore front of the digital age courtesy of well launched government programs and a right business climate.
Conclusion
Even this $500 million fund turned out to be the first of its kind in the UAE based firm and thus the countries digital transformation agenda deserves all praise. The money from the fund is allocated to further development of novel sectors and it will foster innovation, creation of jobs, and even strengthen the position of the UAE in the global technology game. The forecast about the emergence of the investment of world technological and human capitals into the country becomes more and more sensible. In other words, the prosperity of the UAE economy will be ensured also by the growth of its digital economy.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
In the UAE, employees are entitled to a set number of leave days to support family responsibilities, including parental leave. Here’s how you can manage combining paternity leave with annual leave.
Parental Leave Entitlement
Under Article 32(1)(b) of the Federal Decree Law No. 33 of 2021, employees are entitled to five working days of parental leave to care for their child. This leave must be utilized within six months from the child’s birth
.
Documentation Requirements
To avail of parental leave, employees must provide their employer with a copy of the child’s birth certificate, as stipulated in Article 21(4) of the Cabinet Resolution No. 1 of 2022. This documentation is necessary to verify the entitlement to parental leave.
Combining Leave Types
Employees can combine their parental leave with annual leave. This is permitted under Article 21(5) of the Cabinet Resolution No. 1 of 2022, which allows for the combination of various leave types, including bereavement, parental, annual, and unpaid leave.
Process and Considerations
If you wish to take an extended break, you can schedule your five days of paternity leave and then use your annual leave consecutively or at different times within the six-month period following your child's birth. This approach allows you to support your family effectively while managing your leave entitlements.
By combining paternity leave with annual leave, you can extend your time off and ensure you are available to support your family during a significant period.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
If you're contemplating divorce in the UAE and need to address living arrangements and financial responsibilities before finalizing the process, it's essential to understand the legal framework and options available to you.
Creating a Legal Agreement
Before initiating divorce proceedings, you and your spouse can draft a legal agreement outlining how to manage shared expenses and living arrangements. This contract can include details on how you will handle rent, utilities, and other costs associated with your current residence.
According to UAE law, specifically Article 129 of Federal Law No. (5) of 1985 (Concerning the Issuance of the Civil Transactions Law), for a contract to be valid, it must meet certain criteria:
Mutual agreement on essential elements.
A clear and permissible subject matter.
A lawful purpose for the obligations outlined.
Additionally, Article 126 of the UAE Civil Transactions Law provides that a contract may pertain to various subjects, including property and services, as long as they are not prohibited by law or public morals.
Drafting the Agreement
In drafting this agreement, both parties should agree on the terms concerning future expenses and responsibilities. This contract will be crucial in clarifying each party's financial obligations and arrangements after the divorce.
Filing for Divorce
Once you and your spouse have agreed on the terms and signed the agreement, you can proceed with filing for a mutual consent divorce at the Personal Status Court with competent jurisdiction in the UAE. During the divorce process, you may submit this settlement agreement to the court for review.
The Personal Status Court will evaluate the agreement as part of the divorce proceedings, ensuring it aligns with the requirements set out in Federal Law No. 28 of 2005 on Personal Status. This step helps in formalizing your financial and living arrangements as part of the divorce settlement.
By taking these steps, you can effectively manage the division of living expenses and ensure a smoother transition during the divorce process.
For any enquiries or information, contact ask@tlr.ae or call us on +971 52 644 3004. Follow The Law Reporters on WhatsApp Channels.
