Move indicates the belief shared by both the DFM and Dubai Courts on the importance of coordination and cooperation in further reinforcing the efficiency of their activities
Ras Al Khaimah: His Highness Shaikh Saud Bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, on Wednesday issued law No. 7 of 2016 on the economic establishments’ control and commercial protection.
Introduction Given the substantial developments and growth in the Islamic finance industry over the last 10 years or so, it is clear that the pace of innovation has also had its downsides. Some Shariah scholars and practitioners have criticised the sector’s rapid growth as occasionally being reckless and unnecessarily “pushing the theological boundaries too far”. […]
Insolvency and Restructuring Law and Practice in the UAE
What is the principal current legislation relating to insolvency in the UAE? What is the importance of insolvency and restructuring laws in the UAE market? What are the main features of the present insolvency system in the UAE? How has the insolvency and restructuring market evolved in the UAE? What will be the potential impact […]
