In recent years, the US has focused increasingly on “intermediaries” or “facilitators” of sanctions evasion, such as shipping companies, logistics service providers, freight forwarders and transport intermediaries, as well as insurance companies. Over the past…
The UAE, known for its wide range of business setup and growth opportunities, offers a dual licensing regime that plays an important role for businesses seeking to expand across multiple jurisdictions within the country. Dual…
In light of recent developments being reported across the region, we would like to briefly confirm that Dubai and the United Arab Emirates remain fully operational, with business activities continuing as normal. All UAE courts,…
On 9 February 2026, the Dubai International Financial Centre (DIFC) enacted the Variable Capital Company Regulations 2026 (Regulations), introducing a new corporate structure within the DIFC legal framework. What is a Variable Capital Company…
Strategic significance and the current disruption As of 28 February–3 March 2026, reporting indicates a sharp escalation in Gulf hostilities and a de facto interruption of safe commercial transits through the Strait of Hormuz, driven…
Unilateral dispute resolution clauses are common in cross-border trading and finance documents, particularly where one party has stronger bargaining leverage. The typical structure is that both parties are directed to one forum (often arbitration), but…
The International Maritime Organization’s (IMO) decision to postpone the formal adoption of its landmark Net-Zero Framework (NZF) until October 2026 has sent a predictable ripple of uncertainty across global shipping. This year’s long delay, driven…
The Department of Economy and Tourism (DET), Dubai, has recently introduced an update to the procedural requirements relating to the incorporation of new companies or subsidiaries in the Dubai mainland jurisdiction. The update affects foreign…
With Federal Decree-Law No. 20 of 2025, the UAE has implemented one of the most far-reaching updates to its Commercial Companies Law in recent years. Rather than constituting incremental adjustments, the amendments implement structural reforms.…
