A new anti-harassment law in Saudi Arabia has significant implications for employers in the Kingdom. Marc Saroufim, Head of Corporate in Saudi Arabia at BSA Ahmad Bin Hezeem & Associates LLP examines key considerations. Read full article here
BSA Ahmad Bin Hezeem & Associates
Brexit was a decision that shook the financial world. On June 23rd 2016, a sliver of a majority voted for the United Kingdom to exit the European Union (EU). The schism caused consternation, and the possible impacts of such a move saw the GBP plummet 10% the day […]
Nadim Bardawil, Senior Associate of DIFC-headquartered BSA Ahmad Bin Hezeem & Associates weighs up incubator programmes and legislative pressures chasing fintech development. The United Arab Emirates (UAE) continues to position itself as a base for businesses involved in cutting-edge technology, ranging from artificial intelligence and robotics […]
Federal Law No. 20/2016; Cabinet Decision No. 5/2018; Cabinet Decision No. 6/2018; Federal Law No. 5/1985; Federal Law No. 11/1992; Federal Law No. 18/1993
Since the introduction of UAE Federal Law No 20/2016, the legal regime applicable to the mortgage of […]
1. Is a local partner required in any part of the construction process?
A local partner is not required in any part of the construction process.
As a matter of fact, article 8 of the Saudi Foreign Investment Law (SFIL) provides that a foreign firm (wholly owned by […]
Although there is no separate bankruptcy law in Oman, both the Commercial Code of 1990 and the Commercial Companies Law of 1974 provide a framework for the bankruptcy of traders and liquidation of insolvent companies. Under the laws of Oman, bankruptcy of a person must be declared by […]
With the Sharia Law, Federal Law, the law of individual Emirates and freezones all coming into play, UAE Inheritance Law can be complicated. Edouard Salwan, Senior Associate contributes to Emirates Law expert panel, and explains its impact on Emiratis, Muslim and non-Muslim expatriates with property and joint […]
The main goal of any wealth management and succession planning is to preserve the family legacy and family owned and operated businesses. The regulatory framework of succession planning in the UAE includes both civil and Islamic law principles. However, as the DIFC has its own independent jurisdiction within […]
Abdullah Ishnaneh, Partner in our Litigation department contributes to The Legal 500 & The In-House Lawyer comparative legal guide , which is country specific Q&A, providing an overview of litigation in UAE. The guide covers methods of resolving disputes, details of the process and the proceedings […]
The Saudi Arabian Bankruptcy Law complies with the best international practices and gives Saudi Arabia a legal infrastructure to deal efficiently with companies that get into financial difficulties, paving the way to achieving financial stability while simultaneously benefiting both creditors and debtors. The article discusses preventative settlement, financial […]
The general principles, which govern the maintenance obligations of a landlord and tenant in the
UAE, are set out in Federal Law No. 5/1985 referring to the Civil Code, and further amplified in
the laws of the individual Emirates.
The general principles are further amplified (concretised […]