🇦🇪UAE Legal News

Indian billionaire Gautam Adani, founder of the Adani Group, now finds himself at the center of a sprawling U.S. legal drama, accused of orchestrating a $265 million bribery scheme aimed at securing lucrative contracts for India’s largest solar power project. As one of the world’s wealthiest individuals, Adani’s legal troubles cast a long shadow over …

Gautam Adani Faces High-Stakes Legal Battle: What’s Next for the Billionaire? Read More »

In a significant step toward prioritizing children’s rights, Saudi Arabia’s Public Prosecution has launched a child-friendly interrogation room designed to provide a safe space for young witnesses or victims during legal investigations. This new initiative, which aligns with the country’s Child Protection System, aims to protect the emotional well-being and dignity of children involved in …

Saudi Arabia Unveils Child-Friendly Interrogation Room to Protect Young Rights Read More »

The Nigeria National Petroleum Corporation Limited (NNPCL) has filed a formal objection to the lawsuit brought by Dangote Petroleum Refinery and Petrochemicals FZE, which seeks exclusive rights to supply petroleum products within Nigeria. In its court submission, represented by lead counsel Kehinde Ogunwumiju, SAN, the NNPCL labeled the legal action as flawed, arguing that Dangote …

NNPCL Challenges Dangote’s Lawsuit, Claims It Sued a Non-Existent Entity Read More »

The Adani Group, a massive conglomerate with interests spanning ports, energy, and infrastructure, is facing fresh scrutiny following a U.S. indictment alleging a $265 million bribery scheme to secure favorable power deals. The charges, which include fraud and misleading disclosures, have raised alarms over the group’s corporate governance and transparency. In March 2023, Sagar Adani, …

Adani Group Faces Scrutiny Over Alleged Bribery Scheme and Market Disclosure Failures Read More »

The Gulf Co-operation Council (GCC) legal system is on the cusp of a profound transformation, poised to reap the benefits of artificial intelligence (AI) within the next five to ten years. This shift, driven by innovation and evolving technologies, is set to bring significant changes to how legal processes are handled across the region, according …

AI Revolutionizing GCC Legal Landscape: A Decade of Transformation Ahead Read More »

The Dubai International Financial Centre (DIFC) has enacted significant changes to its Application of Civil and Commercial Laws, fortifying its status as a global leader in legal and financial systems within the Middle East, Africa, and South Asia (MEASA) region. Central to these reforms is the introduction of Articles 8A and 8B, which offer statutory …

DIFC Strengthens Legal Framework with Pivotal Amendments Read More »

India’s Adani Group is navigating turbulent waters as allegations of a $265 million bribery scheme have sent shockwaves through markets. Billionaire Gautam Adani and key associates face accusations by U.S. authorities of orchestrating a web of fraud to secure lucrative contracts and conceal corruption from investors. The fallout has been swift: Adani’s companies lost approximately …

Adani Group Faces Investor Fallout Amid U.S. Fraud Allegations Read More »

South Africa’s corporate landscape has seen important amendments to the Companies Act, 2008, with new rules aimed at streamlining processes related to financial assistance and share buybacks. These updates, which come into effect once proclaimed by the President, could have significant implications for businesses, particularly in their dealings with subsidiaries and share acquisitions. The Companies …

Key Changes to South Africa’s Companies Act: Simplifying Financial Assistance and Share Buybacks Read More »

Apple is preparing to face off in court this week, asking a federal judge to dismiss a case filed by the U.S. Department of Justice, which accuses the company of illegally dominating the smartphone market. The case, which centers on claims that Apple unfairly restricts third-party apps and devices, will be argued before U.S. District …

Apple Takes Stand to Dismiss U.S. Smartphone Monopoly Case Read More »

Opposition parties in India have called for a formal investigation into the Adani Group following explosive allegations of bribery, with opposition leader Rahul Gandhi leading the charge to raise the issue in parliament. This move comes after Gautam Adani, the billionaire head of the conglomerate, was indicted in the United States over a $265 million …

Opposition Demands Adani Probe Amid US Bribery Charges, BJP Questions Timing Read More »