UAE Coming Out of FATF ‘Grey List’: a Milestone for Business Stability
In the realm of global finance, the United Arab Emirates (UAE) has long stood as a beacon of opportunity, drawing investors and businesses from around the world. Another sound reason to enhance this undeniable truth…
Update on the Major Overhaul of UAE Legislation with effect from February 2022
In celebrating its landmark 50th anniversary, the UAE has introduced various legislative changes reinforcing its position as a market leader in the region. The new legislation requires additional compliance from businesses and thus, we at…
A New Employment Law in UAE: Significant Changes for Mainland Companies
On November 15 2021, the UAE President issued Law No. 33 of 2021 to regulate labor relations in the private sector, applicable to the mainland companies (“New Law”). Upon its entry into force on February…