Registration is now open for the Law Society's Gulf lawyers training programme in Dubai. The three courses over two days cover the international aspects of corporate transactions, contract law in practice, and corporate drafting.
The Law Society International Division is supporting a forthcoming mediation conference in Dubai from 16 -17 May. Members of the International DIvision receive an exclusive 10% discount.
The final draft of the long-awaited law allowing 100% foreign ownership of companies will be ready within a month and will be sent for the Cabinet approval, UAE Minister of Economy Sultan bin Saeed Al Mansouri said on Tuesday. The proposed new rules, aimed at allowing foreigners or foreign companies to own 100 per cent of their businesses in the UAE, have been under consideration for several years now and are expected to have a far-reaching positive impact on the way businesses are run in the country. Also in the pipeline is legislation aimed at protecting foreign investments in the UAE.