Content update

Companies will be able to issue "green bonds and sukuks" for public subscription in the UAE.

SMEs and Start-ups, in the UAE, will be able to benefit from Corporate Tax relief according to a new resolution issued by the Ministry of Finance.

Private health insurance has been made mandatory for residents, visitors, and tourists in Qatar pursuant to a Law promulgated in 2021. Two days ago, the Ministry of Health announced that it will begin its rollout of the health insurance scheme starting February 2023.

The old UAE Labour Law differentiated between limited and unlimited contracts. However, when the new Law came into force, it required all contracts to be limited for a period not exceeding 3 years. This cap has been now removed. Are we back to unlimited contacts?

On February 2nd, the UAE’s employment landscape changed with the enforcement of Decree-Law No. (33) of 2021 (the “New Law”) and the immediate repeal of the old Law. The new Law, introduced key and material changes to the rules governing employment for a long time in the UAE.

Five key changes introduced in Federal Decree by Law No. (33) of 2021 Regulating Labour Relations in the UAE