Emirats Arabes Unis

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eAlerts Récentes

  •  
    13/03/2024
    International

    After EU Commission's first decision on Carbon Contracts for Difference, Germany initiates bidding of EUR 4bn

    The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Following the Commission's decision, on 12 March 2024 the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) initiated the first bidding process with a total volume of EUR 4bn. With this funding scheme, Germany is taking a pioneering role in Europe and internationally in the field of state aid for climate protection. Concept of contracts for differenceA contract for difference entitles...
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  •  
    11/03/2024
    Middle East

    Introduction of New Federal Law on Regulation of PPPs

    Introduction On 1st December 2023 in the United Arab Emirates (“UAE”) Federal Law No.12/2023 – On the Regulation of the Partnership Between the Public and Private Sectors (the “New PPP Law”) – came into force. Until this point, public-private partnerships (“PPPs”) have been administered predominantly at an Emirate level.While Emirates such as Abu Dhabi and Dubai have their own frameworks for PPPs, the New PPP Law seeks to regulate and boost collaboration between federal entities and the private sector in the UAE, as well as encourage private...
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  •  
    07/03/2024
    International

    Environmental and social factors in mining: a spotlight on Colombia

    Environmental and social considerations have been critical to the business of mining since long before the term ESG gained its current popularity. Mining activities are politically sensitive because they allow private companies to appropriate and profit from a state’s finite natural resources, and because they normally entail significant impacts on the natural environment and nearby communities. As a result, mining tends to be highly regulated and require environmental licences and permits, which must be supported by environmental and social impact assessments and other studies and work programmes...
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  •  
    05/03/2024
    Middle East

    CMS guide on the new KSA Civil Code – Fourth Edition - Commercial Contracts

    Further to our recent introductory articles on the general principles of contract law available here); construction law (available here) and corporate transactions (available here); we have continued with our assessment of Royal Decree No. M/191 (the “Civil Code”), this time focusing on those chapters applicable to the technology and media sector.Set out below is a summary overview of the key provisions of the Civil Code relevant to commercial contracts in general terms, across various sectors which are supported by CMS including technology and media. Elements of ContractThe Civil...
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  •  
    01/03/2024
    International

    Pre-conditions to arbitration and the FIDIC 2nd Edition

    Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings specified by the form. The narrower definition raises the potential for new jurisdictional objections to be made in DAAB or arbitration proceedings commenced without compliance with those pre-conditions. In this Law-Now, we consider recent developments in the approach taken to arbitral pre-conditions in a number of international jurisdictions, before considering the specific issues thrown...
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  •  
    09/02/2024
    Middle East

    New arbitrateAD Rules

    Following the establishment of the Abu Dhabi International Arbitration Centre (branded as “arbitrateAD”) (as reported here), arbitrateAD’s new arbitration rules were published and came into effect on 1 February 2024 (“New Rules”). The New Rules (available here) replace the existing rules of the Abu Dhabi Commercial Conciliation and Arbitration Centre (“ADCCAC”) and are anticipated to provide a more efficient and updated arbitration process, aligned with international standards.A summary of the key points to note in the New Rules is set out below.Transition...
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