Category : Financial Law
Abu Dhabi Investment zone is available for foreigners to invest in real estate
On 17th of April of 2019, Sheikh Khalifa bin Zayed Al-Nahyan who is the governor of Abu Dhabi and also the president of the UAE has signed a new,...
Money Recovery Procedure in UAE
A debt is a financial responsibility owed by a person or an organization in exchange for a service, a product, a loan, or any other liability with monetary worth....
Property Regulation in Abu Dhabi
According to Law No. 19 of 2005 Concerning the Regulation of the Real Estate Sector in Abu Dhabi, expats can only own floors and flats, not land.The new Abu...
New UAE law to help people facing Financial Issues
A federal law has been passed by the UAE Cabinet to legalize insolvency and safeguard those who are unable to pay their obligations from going bankrupt. According to a...
Bankruptcy Laws Amidst The Pandemic
On October 24, 2020, the UAE Cabinet announced its decision to amend Federal Law No. 9 of 2016 (the “Bankruptcy Law”) by including provisions covering emergency situations, such as...
How To Combat Financial Crimes At Your Firm?
For banks, institutions, and individuals, financial crime is a huge near constant concern. Criminals use more complex tactics to dodge legal scrutiny and conduct crimes, such as fraud, money...
Dubai Sets Up New Court To Fight Money Laundering Crimes
Dubai has established a specialised court to combat money laundering and other financial crimes, as the emirate strives to enhance the integrity of its financial system and assist national...
