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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”) has introduced a new template employment contract for UAE students (“Students”) who are enrolled in a NAFIS sponsored programme, in a profession or specialised occupational area determined by MOHRE.
The Student should serve the company for at least 1 year post graduation and will also be included in the Emiratisation percentage of the company. They cannot combine the benefits of this programme with those of NAFIS.
Employers’ obligations:
UAE national student’s obligations:
If you require any support or are unsure whether the new contract is applicable to any of your employees, please do not hesitate to reach out to us.
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