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Corruption has a detrimental effect on any economy. It creates unfair advantages, anti-competitive practices and a generally unfavorable business environment.
The Libya Herald reported on 16 April 2013 that ‘the IMF confirmed its forecasts on Libya of 20.2 per cent GDP growth in real terms for 2013’.
The retail landscape of the UAE is rapidly changing. We now live in a world where we can shop for goods and services from the comfort of our own homes.
This article sheds light on three different types of arbitration agreement.
The digital revolution has radically changed commerce, industry and government.
Under UAE law, bank guarantees are considered a commercial activity regardless of the capacity of the person to whom the bank guarantee is issued or the purpose for which it is issued.
The ‘bill of lading’ is a formal document that serves as a receipt for cargo being transported by a sea carrier.
One major difference between arbitration and litigation is that parties to an arbitration participate in the selection of the tribunal.
In the event of a claim from the land developer against the purchaser, the role of Dubai’s Land Department is merely conciliatory to propose suitable solutions for the parties in order to reach an amicable settlement.
A new draft of the proposed income tax law has been submitted for review to the Legislation and Opinion Bureau in Jordan.
As the 2022 FIFA World Cup deadline moves ever closer, the expansion and diversification of Qatar’s construction industry continues apace.
This article briefly discusses some of the noteworthy changes recently made to the Kuwait Companies Law No. 25 of 2012.
Al Tamimi offers a legal insight into the enforcement of foreign judgment in Iraq.
Comoros has become the 17th African Intellectual Property Organisation (OAPI) member state.
Jurisdiction is an extremely important issue.
UAE: the standard of care for special care objects and equipment and the extent of liability of its custodian
The responsibility for objects that need special care or sophisticated mechanical equipment lies with the person who is in control of said objects.
UAE: liability of banks and financial institutions for fund transfers when financial sanctions are involved
International political and economic factors may result in sanctions against certain countries or entities that affect the transfer of funds across borders.
A recent initiative aims to transform Dubai into a global centre for Islamic bonds.
Patents in Jordan are managed by the Patents Registrar in the Ministry of Industry and Trade and are governed by the Jordanian Patents Law No. 32 of 1999, as amended.
It is debatable how useful post-termination restrictions are and to what extent they can really provide any protection.