Amongst a backdrop of rising inflation and interest rates, the past two years have seen an exponential rise in the activity of private credit funds within the United Arab Emirates and the broader Middle East....more
On 1 November 2021, the Federal Decree Law No. 35 of 2021 (the "Decree") (amending certain provisions of the Federal Decree Law No.9 of 2016 concerning Bankruptcy (the "UAE Bankruptcy Law")) came into force. The publication...more
On 20 September 2021, Decree No. 34 of 2021 concerning the Dubai International Arbitration Centre ("DIAC") (the "Decree") came into force. The Decree brings significant changes to Dubai's arbitration landscape bringing the...more