In a breaking move, the UAE government has announced a new public-private partnership (PPP) law with the object to increase the role of the private sector in the economy. This new law was announced by the Prime Minister of UAE after a Cabinet meeting on Sunday. The new law aims to create boundless opportunities for...Read More
To boost the volume of trade in Dubai Emirate, the government has announced the sale of a 20% stake in a company, known as Salik. In this mammoth deal, the government will raise funding of about $1 billion through the sale of 1.5 billion shares through the Initial Public Offering (IPO) mechanism. The offering will...Read More
In a major bid to introduce technology and ease the visa issuance process, the government of UAE is all set to announce a new electronic visa application platform the next month. Presently, the virtual platform is undergoing a trial phase and it is expected that an official notification in this regard will be issued in...Read More
To attract and boost foreign investment in the country, the government of UAE in a notable step relaxed some medical examination requirements for foreign nationals seeking residency in this gulf nation. The relaxations are mainly related to some critical health conditions, such as the application of HIV Positive patients will not be rejected outrightly. In...Read More
The new Labour Lawof UAE came into force on Wednesday,February 2nd this year replacing the Federal Law No. 8 of 1980. Through this Law, the Ministry of Human Resources and Emiratisation (MOHRE) aims to bring radical changes in labour interconnections.Employers are required to build a suitable framework for applying the new law in their respective organisations....Read More
In a ground-breaking move benefitting all the residents and expats, the government of UAE has announced visa-free travel to Japan. For this purpose, UAE and Japan have entered into an agreement with the object to bolster economic ties between the two nations. This agreement will come into effect from 01 November 2022. In this news...Read More
On 20th October 2022, the government of UAE announced some significant changes in the visa rules of the country. The changes include reducing the stay period for residence visas and providing special treatment to golden visa holders. This step is taken with the objective to attract and retain the best talent around the globe. In...Read More
The residence visa in UAE is provided for a limited period of time (normally 2-3 years) to the citizens and visitors. After the completion of the said period, the visa expires, and the person has to leave the country within a grace period. However, the interested person may get the visa renewed with the help...Read More
In a landmark decision, Dubai Court of Cessation ordered a UAE-based bank to pay AED 9.5 million as compensation to a customer who lost his hard-earned money in a SIM card swap fraud. The fraud came to light when the brother of the aggrieved customer made a complaint that numerous unauthorised transactions over the value...Read More
As a groundbreaking move in the field of arbitration, the government of Dubai has notified new rules for the appointment and the procedure of working for arbitrators in a fault-based divorce. The new rules have comprehensive provisions, such as equal power of both the spouses in appointment of arbitrator, necessary conditions to qualify as an...Read More
