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Brush Strokes of Law: Printing the Future of Education

How has Education in the Middle East and North Africa evolved to keep up with progressive digital and regulatory requirements of the times?

From the rise of AI in the classroom to the strong international interest in the regions education market the sector continues to undergo major transformation.

Our latest Law Update, titled “Brushstrokes of Law: Painting the Future”, takes a deep dive into these latest developments. In this issue, we explore:

  • The impact of AI on education
  • The growing trend of cross-border expansion in the UAE higher education sector
  • The educational journey of Qatar
  • The achievements and strides being made in Saudi Arabia’s education sector

We also feature a special section on our collaboration with the Mawaheb Art Studio, a unique creative space for People of Determination, and the artwork you see through the pages of this edition is a reflection of the students creativity.

The Law Update is a must-read for anyone who is passionate about education, whether you’re a lawyer, educator, policymaker, or investor.

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Published: Nov 19, 2018

Dubai Land Department Allows ADGM-Registered Entities to Buy Properties in Dubai

The Dubai Land Department (DLD) and Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding (MoU) to allow ADGM-registered entities to own properties in Dubai.

This move will strengthen the Dubai real estate market as it broadens the base of potential investors. It also increases ADGM’s attractiveness as a free zone.

Land and property ownership in Dubai is still subject to the local laws, meaning that non-GCC national investors can invest in Dubai property only in designated areas. DLD has previously signed similar agreements with free zones in Dubai. However, the MoU expands the range of options that both local and international investors can use to own Dubai property and allows them to use an ADGM vehicle (such as a real estate company, an investment company, a holding company, or a foundation) to do so.

 

About ADGM

ADGM is an international financial free zone based in Abu Dhabi, UAE. Its goal is to develop and cement Abu Dhabi’s position as a global hub for business and finance.

Among its advantages:

  • It allows for 100% foreign ownership.
  • It offers competitive services and is cost-efficient.
  • The regulatory authorities are responsive to company needs and are adaptive to new developments around the world. It runs on an international regulatory framework based on Common Law. It has an independent court body.
    • Since its establishment in October 2015, ADGM received the “Financial Centre of the Year (MENA)” award for two consecutive years for its initiatives and contributions to the financial and capital markets industry in the region.
    • ADGM is a member of the World Alliance of International Financial Centres (WAIFC), a network of international financial centres committed to sharing best practices and providing investment infrastructure to local economies.
  • It has an independent court body.
  • ADGM has a state-of-the-art arbitration hearing facility.

 

Key Contacts

David Bowman
Senior Associate, Real Estate

Nasouh Raslan
Associate, Corporate Structuring