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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
The Ministry of Human Resources and Emiratisation (“MOHRE”) introduced Administrative Decision No 19 of 2023 Relating to Occupational Safety and Health and Labour Accommodations (the “Decision”).
The Decision sets out the rules and obligations for occupational safety and health (“OSH”) and labour housing for employers and workers. It covers various aspects of OSH and labour housing, such as:
The Decision aims to protect the workers from hazards and occupational diseases, preserve the properties of the establishments, and ensure the public interest. It repeals the previous administrative decision No. (28) of 2022 and takes effect upon publication in the Official Gazette. It also requires all official bodies and authorities to implement its provisions within their respective fields of jurisdiction.
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If you require any support or are unsure about how the Decision applies to your employees, please do not hesitate to reach out to us.
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