Updates & Alerts

Cabinet Resolutions No. 56 and 57 of 2024 are issued in Federal Gazette issue No. 777 Dated 14 June 2024

The SCA BOD Chairman Resolution No. (25/R.M) of 2024 outlines the regulations for Special Purpose Vehicles (SPVs) in the UAE.

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Law No. (1) of 2024 is a new regulation that governs the taxation of foreign banks operating in Dubai.

Oman implemented the Financial Services Authority (FSA) on March 25, 2024, under Royal Decree No. 20 of 2024 (referred to as the ‘’FSA Law’’).

A new Judicial Authority has been established and announced in Dubai, last month.

The Capital Market Authority in the Kingdom of Saudi Arabi has recently issued its guidelines on the listing of real estate contributions' certificates on financial markets.

Investors may soon enjoy quick and easy steps to set up new businesses in Dubai. Their "journey" is about to get a lot better !

Personal Data Protection Law No. 24 of 2023 is in force as of 17 March of 2024 and will apply retroactively to processed or collected data prior to its enforcement date.

"Sanadak" is centralized unit that will examine consumer complaints against financial institutions and insurance companies.

The Ministry of Transport, Communication and Information Technology (MTCIT) has released the long-awaited Executive Regulation of the Omani Personal Data Protection Law (PDPL)

Communications and Information Technology Regulatory Authority has released Updated Regulations on Data Privacy (Resolution No. 26 of 2024)