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German Legal Expertise in the Middle East since 1981

Vol.XIX – Issue 2, Apr. 2015–Articles

Review of
Legal News of the Gulf

PDF Version

The M&P Legal Network for Legal Consultancy Services beyond the Borders

Guiding Principles
This article discusses common issues with the UAE Agencies Law and how to avoid certain pitfalls

Effects of the New UAE Company Law, Federal Law No. 2/2015

Guiding Principles
On July 1, 2015 the long-awaited new UAE Commercial Company Law, Federal Law No. 2 of 2015 (New CCLaw) has taken effect and replaced the existing Federal Law No. 8 of 1984 concerning Commercial Companies (Old CCLaw).

Substantial Rise for IPRs Registration Fees in United Arab Emirates

Guiding Principles
The Ministry of Economy in the United Arab Emirates has recently published a list of official fee increases for patent, trademark, design and copyright matters. The increases were made by Ministerial Decision No. 9 of 2015, which appeared in the Official Gazette dated 31 March 2015. The increases come into effect 60 days after publication – namely, on 29 May 2015..

Most of Us are Criminals and Nobody Knows…

Guiding Principles
The fact that something is common practice does not make it legal: Document falsification in every-day life.

March 2015: New Changes at the Conditions/Structures for Practicing Contracting in Saudi Arabia

Guiding Principle
The Saudi Arabian General Investment Authority (SAGIA) has issued a new edition of its guide for obtaining a foreign investment license in Saudi Arabia on March 2015. Amongst others, several changes were implemented regulating the conditions for practicing contracting by foreign investors in the Kingdom. The Contracting Sector is one of the prominent sectors in Saudi Arabia that attracts large percentage of the foreign investment. Accordingly, SAGIA is always keen to develop the relevant conditions aiming to raise the quality of the executed projects.

Iran Sanctions – Where are We and What We should Expect Next?

Guiding Principle
In 2013, the P5+1 (the United States, Germany, France, the UK, Russia, and China), coordinated by the European Union’s High Representative, and Iran entered into negotiations over Iran’s nuclear program, and reached an agreement, the so-called Joint Comprehensive Plan of Action (the “JCPOA”), over limited sanctions relief in November 24, 2014. By April 2, 2015, the P5+1 and Iran, following extensive negotiations, had agreed parameters (the “Parameters”) for the JCPOA. Whilst the final provisions of the JCPOA have yet to be agreed, the Parameters set out the framework outlining the roadmap for a future agreement surrounding Iran’s nuclear program that would include suspension of UN, U.S. and EU nuclear-related sanctions imposed on Iran. The key Parameters, which form the basis of the JCPOA, shall be drafted between now and June 30, 2015. This announcement comes after years of tense and at times hostile relations between the United States and Iran..

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