Navigating UAE Bankruptcy Reform: Filing Procedures and the New Support Framework Introduction In May 2024, the UAE introduced a modernized bankruptcy regime under Federal Decree-Law No. (51) of 2023, replacing the 2016 framework. The reforms aim to make insolvency proceedings faster, more transparent, and more aligned with international best practice, giving businesses in distress […]
Mergers and Acquisitions Don’t miss the sale and purchase agreement’s intricacies of representation and warranties in your M&A deal. Learn more about what they are and why they’re essential. Thinking of lounging at a luxurious resort and sipping on the Karak chai as you take in Dubai’s skyline after you’ve sold your business? Imagine doing just
Representations, Warranties in Mergers and Acquisitions: Everything You Need To Know Read More »
Joint ventures (JVs) have become a strategic way in Dubai’s real estate market to attract international investors to work with local landowners. Dubai presents an attractive destination for preserving wealth and growth, especially for investors from high-tax countries, given there’s no income tax, capital gains, or property tax. The icing on the cake is the
Joint Development Agreements in Dubai’s Real-Estate Market Read More »
The UAE construction sector is on the rise. Over the past few years, the shift from real estate projects to public infrastructure has driven high-profile projects, from towering skyscrapers to innovative infrastructure developments. As of Q1 2024, the value of the pipeline across the Middle East and North Africa stands at $3.9 trillion, and in
Are you a contractor or developer planning a new construction project in the UAE? The construction industry in the UAE is booming. In 2023, the construction market was valued at USD 66.27 billion and is expected to grow at a CAGR of 6.06% by 2029. But, opportunities come with risks of costly claims, which can
Decennial Liability in UAE: A Guide For Contractors and Developers Read More »
Looking to invest in one of the world’s most dynamic markets? Investors worldwide are eyeing businesses in Dubai, given its favourable legal framework and business-friendly environment. The United Arab Emirates (UAE) and Saudi Arabia proved to be hotspots for merger and acquisition (M&A) in 2023 alone, with 305 deals worth $24.8 billion. If you’re also
