This issue is filled with great insights and expert commentary on areas that are relevant to the legal landscape and highlight how the business community is embracing technology, media and telecommunications. There are various topics covered, from new ways of working and digital transformation in the finance sector to data protection regulatory updates and guidance. We also have a series of articles that focus on e-commerce across a number of jurisdictions.
You will also find insights from our lawyers around real estate analytics, tech trends, and data centres.
We hope this edition of Law Update provides some useful food for thought – enjoy the read!Take a read of the edition
Whilst owners of property may see short-term letting as an attractive option, particularly in terms of increasing an owner’s return through higher rental yields, they should be aware that this activity is classified as an economic activity, pursuant to Dubai Department of Economic Development licensed activity classifications. Further, such companies must be incorporated through the Department of Tourism and Commerce Marketing.
Should you require any assistance or further information on the legal ramifications of the above, or would like information on obtaining the necessary licences, please do not hesitate to contact us.
Lisa Dale, Partner
Head of Property
Head of property, Abu Dhabi
Head of Hospitality