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German Legal Expertise in the Middle East since 1981

Vol. XIX – Issue 4, Oct. 2015-Articles

Review of
Legal News of the Gulf

PDF Version

Inheritance of EU Nationals in the UAE

Guiding Principles
As of August 17, 2015, the adoption of the uniform rules of a new EU Regulation No. 650/2012 must find consideration for inheritance cases of EU nationals in the United Arab Emirates as well. The Regulation addresses such issues as appropriate jurisdiction and applicable law and shall facilitate cross-border successions and harmonize the conflict-of-law rules of 24 EU states with the effect that in principle only one single criterion remains for determining the jurisdiction and the law, namely the last habitual residence of the deceased.

New UAE labour rules in the UAE

Guiding Principles
The UAE-Ministry of Labour has issued a new set of rules through three new Decrees, which aim to regulate relations between employers and workers, and which should become effective January 1, 2016. These decrees are a big development in the Labour Law and deemed to clarify important issues of the Labour Law.

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

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). While the changes in the law are unlikely to have a substantial impact on the day-to-day operations of most companies in the UAE, the by-laws of virtually all companies with limited liability (LLC) will have to be updated in order to avoid such companies being “deemed dissolved” as imposed by Art. 374 New CCLaw).

Investing in Egypt

Guiding Principles
The office of Meyer-Reumann & Partners (M&P) in Egypt assists foreign investors to establish their projects under the EG-Investment Law. The General Authority for Investments and Free Zones (GAFI) acts as the official regulator. It is the governmental body responsible for project’s approval and reviewing their Articles of Association for a local entity for pursuing the investment project. Additionally M&P provides local support in the preparation for getting access to projects in the market.

New Amendments to the Saudi Labour Law to be Enforced on October 18th, 2015

Guiding Principle
Following the approval of proposed amendments to the Labour Law by the Saudi Cabinet on March 23, 2015, the Ministry of Labour has set October 18, 2015 to be the date of enforcing the new amendments. This Article will provide a brief overview on these amendments.

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