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Legal Updates - Page- 86

20 May 2019

Electronic registration system – Commercial Pledges for Saudi Arabia

Electronic registration system – Commercial Pledges for Saudi Arabia The Ministry of Commerce and Investment made an announced regulation for the Unified Registry for Commercial Pledges. These regulations were a step forward to the implementation of the Commercial Pledge Law. This acts as a regulating law for the creation of…

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18 May 2019

Jurisdiction of DIFC Courts

Jurisdiction of DIFC Courts The DIFC courts have been taking a actual yet expansive approach for rendering opinions on its jurisdictions. Consequently, the courts have evolved with a concept called the conduit jurisdiction in order to recognise and enforce the foreign as well as domestic awards given by the arbitration…

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16 May 2019

GPSSA registration mandatory for Emirati Staff

GPSSA registration mandatory for Emirati Staff The General Pension and Social Security Authority announced that the Private, as well as Government Sector companies, must register their employees who are Emirati. Subject to the provisions of the Federal Law No. 07 of 1999 on Pension and Social Security for registering the…

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14 May 2019

Mandatory Decennial Liability Insurance in the UAE

Mandatory Decennial Liability Insurance in the UAE Following Article 880 of Federal Law No. 5 of 1985 (UAE Civil Code), contractors, architects and designers are collectively and solely liable to the employer for any total or partial structural collapse of buildings, and any deficiency that threatens the security and stability…

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12 May 2019

Saudi Arabia’s new Anti-Spam Regulations

Saudi Arabia’s new Anti-Spam Regulations Recently, the Kingdom of Saudi Arabia updated its regulations with regards to the electronic messages and marketing communications which are unsolicited. The CITC – Communications and Information Technology Commission who is responsible for the regulations for the telecom sectors in the Kingdom, it conferred with…

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01 May 2019

register free hold units in Abu Dhabi

Expats are now allowed to register Free Hold Units in Abu Dhabi In April, Abu Dhabi made an initiative to enable foreigners to own property and land which fall in investment area based on freehold. Abu Dhabi recently made changes to the emirate’s real estate laws. As till this change,…

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