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The latest news by Middle East Law

14/06/2018: The UAE Cabinet has announced it has approved a raft of employment and immigration reforms, including a new insurance scheme for employee’s guarantees. Under the previous scheme, a mandatory deposit of 3,000 AED per employee had to be given. This has now been replaced with a new...

14/06/2018: Abu’s Dhabi Executive Council has approved a proposal to reduce tourism fees from 6 to 3.5%. They have also approved a reduction in municipality fees from 4 to 2%. Finally they approved a proposal to reduce municipality fees for hotel rooms from 15 to 10 AED per night. These fees...

12/06/2018: A digital asset exchange has become the first to obtain a regulatory sandbox license from Bahrain’s Central Bank. The granting of the license to Palmex, which is run by ArabianChain, could create a cultural shift with regulators, banks and currency exchange houses who have been...