Welcome to the latest edition of DLA Piper's Middle East Legal Update. Our aim is to provide quick access to relevant legal news and insights that will make an impact on you and your business.
We appreciate there are many demands on your time and would be grateful for any feedback on this issue or suggestions for future editions.
Legal insights
Commentary regarding the Explanatory Memorandum to the Ruler's Decree No.61 of 2009
The global community has been in the grips of an economic crisis which has resulted in a significant increase in the number of cases which are being commenced in local courts. One strategy which has been adopted by the Dubai Government to try and ease the strain on its courts is to establish special judicial committees which are granted exclusive jurisdiction to hear and determine cases which involve either a common issue or a common entity.
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CSR and the Economic Downturn
This article aims to convince the sceptics that CSR is more crucial than ever during the economic downturn, that now is the time for companies to set in place and implement sound CSR policies, and most importantly, that to succeed, CSR must become part of the DNA of every company.
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A new era of Dispute Resolution in the UAE?
A new Federal Arbitration Law for the UAE came a step closer with the recent publication by the Ministry of Economy of a consultation draft of the law. This new law is intended to replace the provisions in the UAE's Civil Procedure Code which currently govern arbitrations conducted under UAE procedural law.
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Abu Dhabi's Middle Income Rental Housing Initiative
In recognition of the need for affordable housing catering for the middle-income bracket of Abu Dhabi's population and in support on the Capital 2030 Plan, the Abu Dhabi Urban Planning Council have very recently announced a new policy which is expected to be in force from this month. This policy will have a significant impact on Abu Dhabi's developers, the housing market and general public.
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Frequently asked questions on the Wages Protection System in the United Arab Emirates
The Ministerial Decree 788 of 2009 (Protection of Wages) came into force on 1 September 2009 in the United Arab Emirates. The WPS was implemented in stages and now all employers are required to comply. In this article we respond to the questions we are frequently asked by our clients regarding the WPS.
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New Official Gazettes in the GCC
To enable you to keep up-to-date on all new laws and regulations issued in the region, we are pleased to provide links to the most recent GCC Official Gazette Indexes below. The titles of all the new laws, decrees and regulations which have been officially promulgated are shown in English in each of these Official Gazettes.
UNITED ARAB EMIRATES
§ Federal
§ Dubai
§ Abu Dhabi
QATAR
BAHRAIN
SAUDI ARABIA
KUWAIT
OMAN
Legal News
A summary of the month's key legal developments and announcements can be found here.
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Spotlight on…
DLA Matouk Bassiouny, Egypt
DLA Matouk Bassiouny has proven experience and technical expertise to ensure clients economic success. Our lawyers are at the forefront of developments shaping Egypt's business landscape. Routinely advising on high-profile and high-value transactions, the team offer tailor-made legal services and local knowledge provided at a truly competitive market rate.
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Lawyer Profile
Michel Ghanem
Senior Legal Consultant, Corporate group, Kuwait
Michel is a Senior Legal Consultant in the Corporate group at DLA Piper Kuwait. He is an experienced corporate lawyer with strong expertise in cross-border mergers and acquisitions, joint venture and all aspects of establishing and operating businesses in Kuwait and Bahrain. Michel also has significant experience in advising leading foreign institutions in their strategic investment in local Kuwaiti companies.
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In last month's newsletter, Michel co-authored the article titled New Kuwaiti Privatization Law under the microscope.
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DLA Piper in the News
DLA Matouk Bassiouny: Telecom deal (اضغط هنا لتقرأ المزيد)
Abu Dhabi: Solar Power Plant (اضغط هنا لتقرأ المزيد)
