The Middle East

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To what extent can the National Innovation Strategy (NIS) and Dubai Smart City initiatives stimulate e-payment expenditure and awareness?

 

One of the key pillars of Dubai’s developmental blueprint, Dubai Plan 2021, is the creation of a forward-looking, proactive government that is in touch with the desires of the people, with whom its dealings are characterised by transparency and fairness. The largest revamp in the federal government’s history, announced by Sheikh Mohammed bin...

 

The UAE is one of the UK’s most important international partners, and we are proud of our friendship. Like the UK, the UAE has a rich cultural heritage, and we are delighted that its leaders are setting the UAE on an impressive course of innovation and openness. 

 

Operated and supported by modern administrative and regulatory regimes, the Dubai International Financial Centre (DIFC) also benefits from an English-language court modelled on the High Court in London, as well as a modern arbitration framework. For the first few years of its existence, the DIFC Courts’ jurisdiction was limited to disputes...

 

Project finance has for many years been strong across the Middle East, especially in the power, water, and oil and gas sectors in various GCC countries. This trend looks likely to take a bold new direction with the promulgation in Dubai in 2015 of a new law relating to public-private partnerships (PPPs). Traditionally sovereign wealth has been...

 

In looking back at both the legal changes introduced in the UAE in 2015 and forward to those expected in 2016, an underlying theme begins to emerge, at least in relation to the changes affecting companies and investors doing business in the UAE. It is apparent that the federal government is focused on liberalising and modernising the legal...

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