This month we bring you a special focus on a continent that boasts the world’s largest free trade area, a diverse economic make-up and increasing political stability. The latest edition of Law Update focuses on Africa, a territory that continues to be an attractive business and investment destination.
Like the rest of the world, Africa is still re-building from the impact of COVID-19, however, there continues to be an optimistic view of the opportunities the continent presents. An example of the appetite for investment into Africa was captured in a report we commissioned, titled Legal Leaders in MENA. Our survey of legal leaders revealed a resounding desire to expand into new territories, with 81% naming Africa as their investment destination of choice.Read the full edition
Healthcare facilities, laboratories and other institutions operating in the Dubai healthcare sector will be pleased to note the issuance of Decision No. 17 of 2020 (amending the previous Decision 21/8 of 2020) (the “Decision”) that will further suspend any legal proceedings issued against certain named entities for a period of six months.
The Decision applies to companies and institutions operating in the health sector and their subsidiary companies that provide services to treat people infected with Coronavirus, that have been identified by the Ministry of Health and Prevention as falling under the remit of the Decision.
The Decision confirms the:
This Decision shall take effect from the date of its issuance and for a period of six months. The date of issuance will commence from the date that the Decision is published in the Official Gazette. We expect this to be within the next 28 days.