International Trade and Investment Archives - Fichte & Co Legal

Force Majeure or Force Mirage? Middle East Conflict, Maritime Disruption and the New Contract Reality

Chakrapani Bodapati — Wed, 22 Jul 2026 09:31:37 +0000

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 boardroom discussions. As pressure grows across key regional shipping routes, parties in the energy, commodities, logistics, maritime trade and …

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The UAE Aviation Finance Market and the Country’s Role as a Global Aviation Hub

Manik Verma — Thu, 04 Sep 2025 12:40:35 +0000

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 aircraft leasing. Dubai International Airport (DXB) welcomed a record high of 23.4 million passengers in Q1 of 2025, making it …

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Significant Changes for RAK ICC: 0% Corporate Tax Benefit For Offshore Companies

Dr. Laura Voda — Fri, 24 Jan 2025 08:23:40 +0000

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 impact offshore companies (“Offshore Companies”) and aim to offer operational flexibility and valuable tax incentive. What are the recent changes? …

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