This LawFlash sets out the key features of the new UAE merger control regime, which recently came into effect. In December 2023, the United Arab Emirates introduced a new competition law (Competition Law), implementing a...more
The DIFC Prescribed Company Regulations 2024 (New PC Regulations) were enacted on July 15, 2024. Replacing the former PC Regulations 2019 (and the 2020 and 2022 amendments thereto), the New PC Regulations aim to streamline...more
With concerns about global economic stability, many sovereign wealth funds (SWFs) are evaluating current market conditions to determine the most effective investment strategies. Diversification is a common theme for many fund...more
The COVID-19 pandemic created many uncertainties and challenges for investors and operators alike across the Middle East, including in the United Arab Emirates, which is often considered a regional healthcare and business...more
New changes to UAE corporate and foreign ownership laws will abolish longstanding foreign ownership restrictions and remove substantial barriers to doing business in the UAE. ...more
The DIFC Prescribed Company Regulations 2019 (PC Regulations), which have been expected since the DIFC announced it would be introducing such a regime on 30 June 2019, were enacted on 31 October 2019 (the Commencement Date)....more