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Articles

  • 22 Nov 2018Bahrain - Iraq - Jordan - Kuwait - Lebanon - Libya - Oman - Qatar - Saudi Arabia - United Arab Emirates

    Indian nationals whose passports are not endorsed with a notification ‘Emigration Check Required’ (also referred to as ‘non-ECR’ or ‘ECNR’ passports) and who are traveling for employment to Afghanistan, Bahrain, Indonesia, Iraq, Jordan, Kuwait, Lebanon, Libya, Malaysia, Oman, Qatar, Saudi Arabia, South Sudan, Sudan, Syria, Thailand, UAE or Yemen, are required to register through the e-Migrate portal in order to obtain an Emigration Clearance or they risk being denied departure from India.

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  • 20 Nov 2018Turkey

    The Ministry of Treasury and Finance Releases Details and Exemptions Regarding the Denomination of Agreements in Foreign Currency, LNB News 11/10/2018 8, Turkey Prohibits Prices in Certain Agreements from Being Denominated in Foreign Currency, LNB News 05/10/2018 10

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  • 16 Nov 2018Saudi Arabia

    Amendments to Saudi Arabia’s Companies Law, which came into effect in April 2018, seemingly return a rudimentary concept of standing for shareholder derivative claims to the statute, while introducing a new concept of cost-shifting for such claims. This may have the effect of incentivising shareholder litigation practice in Saudi Arabia. Joint stock companies incorporated in Saudi Arabia should ensure that adequate internal policies are in place, in order to confront a potential increase in such claims.

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  • 15 Nov 2018Dubai International Financial Centre - Dubai

    Dubai International Financial Centre (DIFC) announced, on 14 November 2018, a new set of real estate laws and regulations:

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  • 15 Nov 2018Dubai International Financial Centre - Dubai

    The Dubai International Financial Centre (DIFC) has introduced a new companies regime under its new Companies Law (DIFC Law No 5/2018), Operating Law (DIFC Law No 7/2018), Companies Regulations and Operating Regulations (New Legislation) all of which came into effect on 12 November  2018.

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  • 15 Nov 2018Egypt

    On 3 October 2018, the New Public Contracts Law No 182 of 2018 (the Law)(Egypt Law No 182/2018) was published in Egypt's Official Gazette, which replaces the previous Public Tenders and Auctions Law No 89 of 1998 (Egypt Law No 89/1998).

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