The current Middle East crisis, particularly the most recent announcement of Yemen’s Houthis declaring a naval blockade and maritime embargo against Saudi Arabia has brought force majeure out of contractual boilerplate clauses and firmly into…
The United Arab Emirates has established itself as a significant player in the global aviation sector, demonstrating excellence as both a pivotal air transport hub and a leader in the domains of aviation finance and…
Following the enactment of the Emiri Decree No. (12) of 2024 Regarding the amendment of Emiri Decree No. (4) of 2016, the Ras Al Khaimah International Corporate Centre (“RAK ICC”) has introduced important changes that…