The Metaverse and Emerging Regulatory Frameworks in the UAE

The metaverse has quickly evolved from a speculative concept into a driver of technological and economic change. It encompasses immersive, three-dimensional environments powered by VR, AR, and Web3 technologies, where individuals and businesses interact and…

UAE Ratifies Key International Maritime Conventions

In a major step towards strengthening maritime safety and environmental protection, the United Arab Emirates (UAE) has officially ratified two landmark international maritime conventions — the International Convention on Oil Pollution Preparedness, Response and Co-operation,…

A Recognized Port of Refuge in the UAE?

There has been an alarming increase in ship casualties in recent years, often caused by fire in containers, in holds or in the engine room. Recent casualties in the MENA region include the MAERSK FRANKFURT…

The “Dark Fleet” Phenomenon: Risks for Charterers and Owners

In recent years, the so-called “dark fleet” has transformed the maritime landscape. This shadow network consists largely of old tankers in sanctioned trades, particularly involving Russian, Iranian, or Venezuelan oil. These vessels often use deceptive…

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

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…

Navigating the Pitfalls of Arbitration in the UAE

While the UAE has positioned itself as a global arbitration hub, conducting arbitration there can be a minefield, especially for foreign parties unfamiliar with the nuances of its legal landscape. The UAE arbitration framework is…

DMCC Introduces New Regulations to Shape Business Growth

With the growing number of business incorporations and commercial markets in the UAE, the DMCC regime has taken a substantive step to stimulate better business growth and streamline the process for companies in the DMCC…

The UK is Dropping Tax-Free Status – Will Shipowners Set Sail for the UAE?

From April 2025, the United Kingdom will eliminate its long-standing non-domiciled tax regime. The new rules will introduce a residence-based system, taxing global income and gains after a four-year transition period. For many international shipowners,…

Enforcing Foreign Court Judgments and Arbitration Awards in the UAE: A Simple Guide

When a court or arbitration panel issues a ruling in another country, enforcing it in the UAE isn’t always automatic. Specific legal steps are required to ensure that foreign judgments and arbitration awards are recognized…