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
Abu Dhabi will soon publish a new law aimed at better regulating the real estate sector in Abu Dhabi, which has been through more than seven years of consultation, review and drafting. This will be a positive step towards attracting increased real estate investment in Abu Dhabi, and across the UAE more broadly, as the new law tackles many concerns raised by investors in the past. It also draws on the real estate investment experience in the remainder of the UAE, and especially in Dubai, over the last 10 years.
There are many encouraging provisions in the law including provisions for licensing, registering off-plan developments, restrictions on developers collecting registration fees, setting up owners’ associations for jointly owned property, mortgages and dealing with delays in construction.
We will provide a summary of this new law as soon as it is published.