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Shareholders’ Agreement: Not Legally Binding However Crucial for UAE Startups

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Shareholders’ Agreement: Not Legally Binding However Crucial for UAE Startups
  • Newsletter, U.A.E.

Shareholders’ Agreement: Not Legally Binding However Crucial for UAE Startups

  • Under UAE Federal Law No. 5 of 1985 (Civil Code), contracts may either be in written or verbal form and do not need the Shareholders’ Agreement (SHA) mandatorily. However, for the avoidance of any future dispute about the

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DIFC: Announces the Launch of First Global Family Business and Private Wealth Centre
  • Newsletter, U.A.E.

DIFC: Announces the Launch of First Global Family Business and Private Wealth Centre

  • In a press release dated 8th August 2022, Dubai International Financial Centre (DIFC), the leading financial centre in the Middle East, Africa and South Asia (MEASA) region announced the creation of a hub for global and regional family-owned

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Kuwait and UAE Sign the Double Taxation Treaty
  • Kuwait, Newsletter, U.A.E.

Kuwait and UAE Sign the Double Taxation Treaty

  • On 30th August 2022, the Kuwait Ministry of Finance announced that the State of Kuwait (Kuwait) and United Arab Emirates (UAE) have signed a long awaited double tax treaty, the first of its kind signed by Kuwait with

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Wealth of Opportunities are Opening up in Multiple Sectors: Highlights Omani Minister
  • Newsletter, Oman

Wealth of Opportunities are Opening up in Multiple Sectors: Highlights Omani Minister

  • With an accelerating economic growth rate indicated by data relating to the major financial indicators of 2021 and till May 2022 published by the Ministry of Finance, Oman is rapidly transforming into a vibrant economy under the leadership

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Qatar: High on the List of Global Investors as an Investment Destination
  • Newsletter, Qatar

Qatar: High on the List of Global Investors as an Investment Destination

  • Qatar is one of the fastest growing economies in the world and attracts high overseas investments in infrastructure, healthcare, education, tourism, and financial services sectors. The FDI inflow rose by 8.2 million USD during the September quarter of

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Family Offices in India are Increasingly Exploring Direct Startup Investment Opportunities
  • India, Newsletter

Family Offices in India are Increasingly Exploring Direct Startup Investment Opportunities

  • Over the past 3 years, India has witnessed a proliferation of Family Offices with a five-fold jump in the numbers crossing over 200 from a meagre 40. Family offices are privately held wealth management advisory firms responsible for

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UAE and Kenya to Sign Comprehensive Economic Partnership Agreement
  • Newsletter, U.A.E.

UAE and Kenya to Sign Comprehensive Economic Partnership Agreement

  • As the UAE and Kenya plan to remove trade and investment barriers on a wide range of goods and services to promote non-oil bilateral trade, an agreement has recently been reached between the two nations to launch a

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Dubai Enacts New Real Estate Law to Boost Foreign Investment
  • Newsletter, U.A.E.

Dubai Enacts New Real Estate Law to Boost Foreign Investment

  • The millionaire community across the globe are increasingly recognizing Dubai as the most preferred place to relocate as the city strives to elevate its status to a global destination for real estate investment. On July 19 2022, Sheikh

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DIFC Innovation License: Helps Tech Startups to Network and Expand the Businesses
  • Newsletter, U.A.E.

DIFC Innovation License: Helps Tech Startups to Network and Expand the Businesses

  • What is DIFC? Dubai International Financial Centre (DIFC) is the leading sector-specific commercial business hub and special economic zone in the MEASA region and presently offers services to entrepreneurs and start-ups including technology companies. The DIFC is the

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Saudi Arabia Approves New Companies’ Law 2022 to Promote Investment and SMEs
  • Newsletter, Saudi Arabia

Saudi Arabia Approves New Companies’ Law 2022 to Promote Investment and SMEs

  • On 4th July 2022, the Saudi Arabia Council of Ministers issued the new Companies’ Law which will replace the previous Companies Law of 2015 as well as the Professional Companies Law of 2019. The new law which is in

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