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Enhancing Ultimate Beneficial Ownership Regulations to Navigate Complex Business Structures and Requirements

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The United Arab Emirates has recently implemented legislative revisions concerning Ultimate Beneficial Ownership (UBO) regulations and corresponding administrative penalties, through the issuance of Cabinet Resolution No. (109) of 2023 (the New Resolution) on the Regulation of the...

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New Arbitration Rules for Abu Dhabi International Arbitration Center

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The New Arbitration Rules 2024 for Abu Dhabi International Arbitration Centre (ADIAC) that came into effect on February 1, 2024, replace the 2013 Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC) Arbitration Rules.

New cases registered from that date onwards will be...

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UAE establishes Artificial Intelligence and Advanced Technology Council

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The Establishment of the Council aims to devise financial and investment plans and programs in collaboration with local and international partners. A significant development will place the UAE at the forefront of artificial intelligence and advanced technology sectors globally.

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