The United Arab Emirates (UAE) is increasingly becoming a hub for philanthropic initiatives and foundations. For individuals and organizations looking to engage in charitable activities or manage wealth, establishing a foundation can be a strategic move. A foundation is a non-profit organization created to provide funding or support for specific causes, charitable activities, or social...
The Central Bank of the UAE (CBUAE) issued the new Insurance Brokerage Regulations on 25 July 2024 (“Regulation”), which supersedes previous regulations and guidance for insurance brokers. The Regulation will become effective six months after its publication in the Gazette, likely by February 2025, depending on the publication date. The CBUAE has directed all insurance...
The United Arab Emirates (UAE) provides multiple avenues for dispute resolution, including litigation and arbitration, governed by distinct judicial systems. Understanding these systems is crucial for businesses, lawyers in Dubai, and residents when drafting provisions for dispute resolution in their commercial contracts. Overview of the UAE Court Systems Mainland Courts The onshore court system operates...
Investment forms the foundation of corporate governance under Federal Decree-Law No. 32/2021 on Commercial Companies Law (Companies Law). Shareholders play a pivotal role in ensuring the financial health and prosperity of a company. This article explores the rights and responsibilities of shareholders concerning their investments and profit sharing, highlighting the procedures for amending the Memorandum...
In a significant move to bolster the real estate sector, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has issued Resolution No. 36 of 2024. This Resolution mandates forming a Committee for Real Estate Investment Funds (“Committee”) to enhance governance, compliance, and support...
The Madrid Protocol has streamlined the process of international trademark registration, allowing brand owners to register their trademarks in over 120 countries with a single application. However, it is essential to adhere strictly to all mandatory requirements and standard procedures to avoid delays. Consulting with trademark agents in the UAE can help you navigate the...
His excellency Mr. Luis Alfonso de Alba, the Ambassador of Mexico and the general consul, his excellency Juan M. Sanchez has visited United Advocates Dubai office and met with Dr. Walid Jumaa, founding partner and CEO, as well as Ms. Maria Lorenza Cremaschi, head of the Spanish desk on the 30th of May to express...
United Advocates dismissed a pre-cautionary attachment commercial case in Dubai for a claim of AED 35 million that was filed against one of our clients from the gold industry.
United Advocates successfully assisted a well-known market research company in the UAE to fully recover an outstanding amount of USD 1 Million at the pre-litigation stage utilizing our team’s strong settlement expertise.
This week, Our CEO, Mr.Walid joined the team at ReaLaw, our associated offices in Cyprus to celebrate International Women’s Day and shared a memorable evening with our extended United Family
United Advocates successfully supervised a liquidation of a complex free zone company in the United Arab Emirates dealing in trading of precious stones and metals
United Advocates successfully defended a client in a complex divorce matter and managed to get a desirable result by mutually settling the separation between the parties.