Retail group Marka declared bankrupt by Dubai court in landmark judgement
The UAE retail and leisure company, Marka, has been declared bankrupt by a local court and all of its its…
Legal
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UAE drafts new law on charitable fundraising to fight money laundering
The UAE is set to implement a new law that will further regulate fundraising and money donations for charity in…
Norton Rose Fulbright advises Servy.us
Norton Rose Fulbright has advised enterprise self-service platform Servy, as lead counsel, on its partnership with Dubai Airports to launch…
How organized crime bleeds the Middle East dry
Neither America’s slow retreat from the Middle East nor the region’s intractable ills have hampered efforts by Arab countries to…
Talking point: Dubai Decree 34/2021 – implications for the DIFC-LCIA
What does the Decree do? On 14 September 2021, the government of Dubai issued Decree 34 of 2021 Concerning the…
Real estate finance – Post COVID-19 trends across the globe
While no one knows for sure what the future of post-pandemic real estate finance holds, the forecast does look positive…
Saudi data protection reform to take effect in March 2022
Businesses operating in the Kingdom of Saudi Arabia (KSA) will be subject to new data protection laws due to come…
Judge rules Bahrain’s GFH can seize Dubai fraudster David Haigh’s properties
A judge has ruled that Bahrain’s GFH Financial Group can seize Dubai fraudster David Haigh’s properties following his failure to…
Saudi data protection reform to take effect in March 2022
Businesses operating in the Kingdom of Saudi Arabia will be subject to new data protection laws due to come into…
DIFC simplifies and clarifies employment law in amendments
The Dubai International Financial Centre has enacted changes to its employment law to bring in a number of clarifications and…
Norton Rose Fulbright grows Middle East team
Norton Rose Fulbright has expanded its Middle East practice with the hire of partner Zubair Mir in Dubai. Zubair…
Saudi court issues final order on AHAB ending 12-year debt dispute
A Saudi court on Sunday issued a final order on the restructuring of the Algosaibi family’s conglomerate AHAB, putting a…