🇦🇪UAE Legal News

Sharjah Consultative Council Greenlights New Real Estate Leasing Law

In a decisive move aimed at bolstering the regulatory framework governing real estate leasing in Sharjah, the Sharjah Consultative Council (SCC) gave its stamp of approval to a meticulously crafted draft law for the year 2024. Under the astute leadership of Dr. Abdullah Belhaif Al Nuaimi, Chairman of SCC, the council convened to deliberate on …

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Kuwait’s Market Vigilance: Striking Down on Hoarding Amidst Ramadan Preparations

Under the watchful eye of Kuwait’s Ministry of Commerce and Industry, the bustling markets of Ahmadi Governorate faced a thorough examination recently. With the holy month of Ramadan approaching, a team of inspectors from the Ahmadi Emergency Department descended upon various central markets and shops, their mission clear: to ensure fair prices and thwart any …

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Call for Accountability: Activists Demand Stricter Conflict-of-Interest Measures in German Government

Against the backdrop of Frankfurt’s bustling banking district, a double-decker bus cuts through the urban skyline, embodying the economic pulse of Germany. Yet, beneath this veneer of prosperity lies a pressing concern – the integrity of the nation’s governance. Enter LobbyControl, a fervent advocate for political transparency, sounding the alarm on the German coalition government’s …

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Hungary’s Finance Minister Initiates Dialogue with Central Bank Over Legal Changes

In a move aimed at maintaining financial stability and bolstering transparency, Hungarian Finance Minister Mihaly Varga revealed plans for thorough discussions with the central bank regarding proposed legal adjustments. During an economic forum in Budapest, Varga emphasized the government’s commitment to preserving the independence of the central bank while enhancing its transparency and responsible functioning. …

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EU Ramps Up Scrutiny: AliExpress Under Investigation for Breaching Digital Service Regulations

Amidst the digital sprawl, the European Union unfurls its investigative might towards the vast expanse of AliExpress, a titan of online commerce emanating from China. The European Commission, donned with authority, proclaims its intent to scrutinize the digital retailer for a litany of alleged violations against the sanctity of cyber regulations. With a steely resolve, …

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Legal Maneuver: Trump Asserts Legality in Classified Records Case

Former U.S. President Donald Trump’s legal saga unfolds yet again, this time in a Fort Pierce courthouse where his legal team aims to sway a federal judge in dismissing a criminal case accusing him of unlawfully retaining classified documents. The atmosphere crackles with anticipation as Trump, now a Republican presidential candidate, strides into the legal …

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 Verdict Delivered: Bitcoin ‘Inventor’ Debunked by UK Judge

In a momentous ruling echoing through the corridors of the cryptocurrency world, an Australian computer scientist’s claim to the throne of Bitcoin’s creator, Satoshi Nakamoto, has been unequivocally dismissed by a judge at London’s High Court. The figure at the center of this legal tussle, Craig Wright, has long adorned himself with the laurels of …

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 JPMorgan Grapples with Regulatory Wrangle: A $350 Million Sting

Nestled within the labyrinthine corridors of Wall Street, JPMorgan Chase, the venerable titan of American banking, found itself ensnared in a tempest of regulatory reprimand. In a resounding echo of financial oversight, US regulators thundered down fines nearing the astronomical mark of $350 million upon the banking behemoth, citing grievous deficiencies in its trade reporting …

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Saudi Authorities Intensify Crackdown on Residency and Border Violations

Riyadh, Saudi Arabia – In a sweeping move against those flouting residency, work, and border security laws, the General Directorate of Passports in Saudi Arabia has wielded its authority with rigor during the month of Sha’ban in 1445 AH. With a firm hand, the directorate has issued a staggering 17,509 administrative rulings, signifying a robust …

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Expanding Horizons: Al Tamimi & Company Welcomes Ali El Hawary to Boost Banking and Finance Practice

In the bustling heart of Cairo, where the scent of ambition mingles with the echoes of history, Al Tamimi & Company, a legal powerhouse in the Middle East and North Africa, proudly unveils its latest addition to the fold: Ali El Hawary, a seasoned legal maestro poised to invigorate the firm’s Banking and Finance practice. …

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