UAE Labour Law – The New Clause: Abrogation of maximum (3) three years term of the labour contract
On 15 September 2022 the UAE government issued a Federal Degree Law No. 14 of 2022 “the Amendment”, concerning the amendment of some provisions of Federal Decree Law No. 33 of 2021 on Regulation of Labour Relations.…
What you need to know: The recent Unemployment Insurance Law No. 13 of 2022
On 15 September 2022 the UAE government issued a Federal Degree Law No. 13 of 2022 concerning Unemployment Insurance (“the Law”), which came into force on 29 September 2022 and applied to all workers (UAE…
The interpretation of “otherwise” in a Jurisdiction Clause
On 29 July 2022, the English Commercial court rendered a decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & Ors [2022] EWHC 2049 (Comm) case, whereby the claim…
Insurers adopt the Poseidon Principles for Marine Insurance
On 15th December 2021, six of the world's leading marine insurers have publicly launched Poseidon Principles for Marine Insurance to keep the focus on the shipping industry's progress towards decarbonization. In fact, this ground-breaking initiative…
Is the Arbitration Clause included in the General Terms and Conditions of the Insurance Policy a valid clause?
Our client approached us to assist him in filing a case against one of the well-known UAE Insurance Companies. The client complained about his insurance company refusing to cover a surgery under the medical insurance…
Covering the same Risk under Multiple Insurance Policies
The concept of insurance depends on the participation of a group of persons, whether physical or corporate (the insured), that distribute the risks that may result from specific events. The insureds pay pre-determined contributions to…
Dissolution of EMAC and its effects on the business community
On September 14 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued Decree No. 34 of 2021 (“Decree”) regarding the Dubai International Arbitration…
Is it going to be the end of abandoned vessels in UAE waters?
Recently, we have witnessed the massive development in the UAE maritime industry; the UAE has acceded to two major international conventions, namely the 1996 Protocol on Limitation of Liability ("LLMC") and the 2001 International Convention…
Direct Executory Force of Notarized Debts
[vc_row][vc_column][vc_column_text]In the UAE, a debt is directly executable before the UAE Courts where it has been notarized and stamped with a stamp of execution by a notary public. This may be an attractive route for…