On 18th July, Prime Minister of Bahrain, Prince Khalifa Al Khalifa, has approved an amendment to the existing Companies Law allowing foreign investors to acquire full business ownership. The Government of Bahrain has stated that the new law will “spur growth, generate rewarding jobs for citizens, and attract businessmen to invest in various economic sectors. […]
New Bahraini Law Allows 100% Foreign Ownership Read More »
Dr. Wedad Al Maidour, a member of the Committee and the Head of Tobacco Control Programme at the Ministry of Health and Prevention recently revealed that the UAE, a signatory of the Framework Convention on Tobacco Control, is being pushed by the World Health Organization to “change the law from having designated smoking areas to
A Ban on Smoking in All Public Places by the End of 2016 Read More »
The UAE Cabinet has postponed the deadline for compliance with Federal Law No.2 of 2015 on Commercial Companies. Initially, commercial companies were expected to comply with the new requirements before 30 June 2016. Companies that did not amend their Memorandum and Articles of Association by this deadline would be subject to dissolution and fines. However,
New Deadline for Compliance with UAE Law on Commercial Companies Read More »
Dubai’s Real Estate Regulatory Authority (RERA) recently stated that off-plan investors cannot impose extra costs on investors after sale. This statement is issued following news in the media that Dubai-based developer “ACW Holdings” was demanding extra costs on handover. In some cases, the cost of the properties the investors had agreed to buy increased by
Off-Plan Developers Cannot Increase Cost of Off-Plan Units on Handover Read More »
A “National Tolerance Programme” was recently approved by the UAE Cabinet, chaired by Vice President and Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. Its aim is to promote values of peaceful coexistence between societies. The seven pillars of this Programme are Islam, the UAE constitution, the legacy of Sheikh Zayed
New UAE National Tolerance Programme Read More »
Developers Rights of Termination During the boom years all construction projects were vigorously under development and there was an escalation of off-plan property prices. Law No (13) of 2008 was published with the view of introducing measures to discourage developers from terminating sale contracts in order to re-sell units at a higher price to new
Discussion on Developers Rights of Termination Read More »
The practice of so-called “cold calling” is prohibited in Dubai. It is defined as the act of making an unsolicited visit or telephone call to someone in an attempt to sell goods or services. Dubai Land Department (‘DLD’) has recently released the following statement: “Real Estate Regulatory Agency (‘RERA’), the regulatory arm of DLD, has
The UAE Ministry of Interior has recently reasserted women’s right to privacy by stating that publishing pictures of women without their approval is an offence that can be sanctioned by a fine, or worse, by jail. The statement made by the Ministry of Interior was specifically aimed at people taking pictures at weddings and private
Publishing Pictures of Women Without their Consent is an Offence Read More »
A New Executive Resolution No (15) of 2016 was issued by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. The new Resolution aims to enable Dubai Police to further develop and enhance services provided to its customers. It shall come into force from
Dubai Police Will Start Charging Fees for Some Services Read More »
According to a press release, the Dubai Department of Tourism & Commerce Marketing (DTCM) has updated its regulations relating to holidays home in order to become more competitive. These new regulations are particularly aimed at private homeowners. Private homeowners are now allowed to apply for a holiday home license without obtaining the prior approval of
New Regulations Governing the Leasing of Holiday Homes in Dubai Read More »
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