Dubai Supreme Legislation Committee announces 2024-2029 strategic plan
new legislation
Latest in new legislation
Crown Prince Mohammed bin Salman
Saudi Crown Prince calls new Personal Status Bylaw a “major qualitative leap” for women’s empowerment, human rights, family stability
Going into effect 90 days after its publication in the official gazette, the law will ‘address all problems that families and women were suffering from’
Expropriation committee
Dubai issues new law to protect owners of expropriated property
The newly issued law annuls the 1964 law regulating expropriation and is effective from the date of its publication in the Official Gazette
DIFC
New DIFC law issued as Saudi Arabia steps up competition to attract global firms
Ruler Sheikh Mohammed bin Rashid Al Maktoum issues new law to expand the strategic objectives of Dubai International Financial Centre
economic reforms
Saudi gov’t to improve contracts, services procurement with new law
Saudi government move hopes to increase the participation of Saudi SMEs by prioritising them over larger competitors
Anti-money laundering laws
UK lawmakers expose loopholes in anti-money laundering bill
The law’s proponents say a public register will bring accountability to the opaque world of offshore finance
anti-corruption law
UAE strengthens anti-corruption laws
The revised penal code also applies outside the UAE’s borders
Dubai
Financial experts call for new UAE gratuity payment legislation
New legislation will help protect employees in the event a company goes into insolvency, according to local experts