NFTs open up a new realm of possibilities  

NFTs open up a new realm of possibilities  

The emergence of intangible tokens, or NFTs, has been one of the most interesting developments in the cryptocurrency space in recent times. Although NFTs have been around since 2014, only in the last few years have they become popular and taken over the art and gaming world, especially after some NFTs were sold at astronomical […]

India-Israel-UAE-US: The New Quad

India-Israel-UAE-US: The New Quad

The changing global landscape, combined with the future of covid and post-covid diplomacy, has led the United States, the UAE, India, and Israel to announce the formation of a “New Quartet” in 2021. This new group is expected to hold its first face-to-face meeting of foreign ministers in March 2022, with a focus on cooperation […]

Carrying sharp tools a criminal offence from 2022

Carrying sharp tools a criminal offense from 2022

Under the UAE’s new penal law, carrying knives, blades, hammers, or any sharp tools is a crime unless required in certain professions. The new provision comes as part of the Federal Decree-Law no. 31 of 2021, effective since January 2, 2022. Dr. Hasan Elhais, the legal consultant at Al Rowaad Advocates, said previously, people found […]

New UAE law: 11 things all bank account holders should know

New UAE law: 11 things all bank account holders should know

The UAE’s revised Commercial Transaction Law came into effect earlier this week Changes to UAE’s Commercial Transaction Law – which include narrowing the scope for criminalization of returned or “bounced” cheques due to insufficient funds – came into effect in the UAE earlier this week.Here are 11 things all bank account holders should know: Banks […]

Freelance License in UAE for Remote Work

The United Arab Emirates (UAE) is renowned for its business-friendly environment, providing abundant opportunities and robust infrastructure to nurture trade and entrepreneurship in the region. Furthermore, the UAE’s embrace of remote working options and simplified processes for obtaining a Freelance License have made it increasingly accessible for aspiring entrepreneurs and professionals alike. Obtaining a Freelance […]

Dubai government health insurance systems

Dubai government health insurance systems

The health insurance system is to provide enhanced medical care to the country’s residents. Dubai has unified all government health insurance systems under one umbrella known as Enaya. Enaya Insurance System in Dubai The unification covers Saada insurance and other government insurances.Following the move, there will be one insurance for all Government of Dubai employees, […]

o criminal action against any person below 11 years

UAE: No criminal action against any person below 11 years

The UAE Prosecutor’s Office announced in a tweet on Wednesday that under Article 64 of Federal Decree-Law No. 31 of 2021 on the Criminal Code, no criminal case will be brought against any person who is under the age of 11 at the time of the crime.The prosecutor’s office published this information as part of […]

New amendments on cheque provisions in UAE

New amendments on cheque provisions in UAE

The Central Bank of the United Arab Emirates has stated that the new amendments on cheque provisions shall take effect from 2nd January 2022. Effective 3rd January 2022 any cheque presented for payment and returned due to insufficient funds, the bearer of the cheque can directly approach the issuing bank and request to partially pay the […]