United Arab Emirates

Recent Articles

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  22/05/2025

  International

  EU anti-dumping investigation of Chinese Tyres

  On 21 May 2025, the EU opened an anti-dumping investigation concerning EU imports of certain pneumatic rubber tyres, originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.The products under investigation for alleged dumping are new pneumatic tyres, of rubber, of a kind used: on motor cars (including station wagons and racing cars) and on buses or lorries with a load index not exceeding 121.The product under investigation is currently classified under the CN codes 4011 10 00 and 4011 20 10.Affected parties, including...

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  07/05/2025

  International

  Cyber Space: Global insights on cyber and data risk for insurers

  Issue 2, May 2025. How does the cost of cyber incidents vary across the globe?  A key pillar of CMS’ Cyber Space series is to compare and contrast the impact of cyber incidents in different international jurisdictions.In this respect, with assistance from colleagues in Brazil and Singapore, CMS UK have collaborated with the CMS’ network of international offices and affiliate law firms to consider the comparative costs of cyber incidents. We did so by focussing on the following aspects - Legal fees (average hourly rate in USD or ease), notification costs (in USD), chance of...

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  25/04/2025

  International

  On your radar | Key employment issues to be aware of in­ter­na­tion­ally

  In each edition of On your radar it is interesting to consider any common themes across various jurisdictions. In this edition, the themes might be less obvious than usual, but on closer inspection are still present:As countries manage business immigration, Bulgaria, Poland and Croatia discuss the employment of foreigners.New types of leave are being introduced, expanding statutory employment protections. Poland reports on additional maternity leave for parents of premature or hospitalised children. Neonatal care leave was recently introduced in the UK, covered in our January edition. Proposals...

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  22/04/2025

  UAE

  DIFC Law No. (2) of 2025: Trans­form­at­ive changes in jurisdiction of the DIFC Courts explained

  IntroductionDIFC Law No. (2) of 2025 (DIFC Court Law) came into force on 15 March 2025 superseding the previous DIFC court law (DIFC Law No. 10 of 2004) and Dubai Law No. 12 of 2004 (Judicial Authority Law).[1] The new DIFC Court Law updates the DIFC Courts’ judicial and administrative framework, and establishes a Mediation Centre for alternative dispute resolution.In addition, the DIFC Court Law expands the jurisdiction of the DIFC Court by codifying the decision of the Court of Appeal (COA) in Carmon[2], which confirmed the independent jurisdiction of the DIFC Courts to grant, in appropriate...

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  16/04/2025

  International

  Termination payments and costs “reasonably incurred”

  A recent decision of one of the UK’s highest courts has considered the extent of a contractor’s entitlement to payment after the termination for convenience of a FIDIC 1st Edition contract. The terminology considered by the court is commonly found within the termination provisions of other standard form construction contacts, making the decision of wider interest in an area where there is little previous case law. In finding that the contractor’s costs in this case had not been reasonably incurred, the decision highlights the significance of such restrictions and the more generous...

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  09/04/2025

  International

  New deadlines approach for beneficial ownership reporting requirements in the US

  As part of the US government’s focus on deregulation, beneficial ownership information (BOI) reporting requirements under the US Corporate Transparency Act (CTA), which came into force in January 2024, have been narrowed so that US entities are no longer required to report.Importantly, because foreign reporting companies will still be subject to the new rules, all non-US entities registered to do business in any US state must familiarise themselves with the requirements and, if needed, take steps to comply before the new filing deadline of 25 April 2025.BackgroundThe CTA requires certain...

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