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News & Events

New measures seek to address fire safety risks at Dubai’s tall towers

On Wednesday, 20 July 2016 saw the Sulafa Tower in the Dubai Marina, a 78-storey high-rise residential building, suffer extensive fire damage as a result of the spread of a fire on the exterior of the building.

This building is recorded as having 702 apartments with […]

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B-2-B Dispute Resolution

For some while, the Dubai Department of Economic Development (DED) has had a Commercial Control and Consumer Protection Department (CCCPD), dealing with consumer disputes. However, it has recently set up a new sub-department, called the Business Protection Department (BPD) which will function as a local commercial dispute […]

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Implementation of the Value Added Tax in the United Arab Emirates

Introduction
In February 2016, the Ministry of Finance announced the introduction of Value Added Tax (“VAT”) in the UAE, and has ended a long period of speculation and discussion of “when” and “if” VAT would be introduced.

According to the announcement, the UAE will impose VAT at a […]

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Gulf Shipping Insurance Trends: 2016

The first half of 2016 has justified what many analysts have forecasted in regards to the shipping insurance sector in the Gulf Region – that it will maintain the trends witnessed in 2015, with one salient exception – Iran. Regional developments have not necessarily spiraled, but economic conditions have not […]

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BSA advises GCC sushi shop franchisee on buyout

Bertrand Dumon, Partner at BSA has recently advised French entrepreneurs, the founders and owners of premium, innovative sushi restaurant chain SushiArt in its acquisition by eathos, the Dubai DIFC based regional restaurant operating company. eathos was advised by Gibson Dunn in the buyout.

This deal sees co-founder […]

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The UAE sets up national regulatory Shariah authority

This month witnessed the much-awaited announcement regarding the establishment of a national regulatory authority for Shariah in the UAE which is expected to further promote the overall local Islamic economy.

Earlier in May, the UAE cabinet approved the launch of a national regulatory Shariah authority which will […]

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Mergers and Acquisitions – the legal considerations

Mergers and acquisitions, whether from the perspective of the Seller or the Buyer entail considerable preparation, research, adjustment, and due diligence. In most jurisdictions, including the UAE, in spite of the market’s relatively small size, only a minority of mergers and acquisitions successfully conclude without snags.
While […]

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Corporate Counsel Middle East Awards 2016

The Corporate Counsel Middle East Awards 2016 took place on 12 May 2016 at The Ritz-Carlton, Jumeirah Beach Residence, Dubai, UAE. The awards aim to recognise exceptional achievement by private practice and in-house lawyers working in local and international companies and law firms.

Senior Partner Dr […]

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