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Find out moreWe are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.
Read the full editionHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, passed a new law relating to the manner in which outdoor and public space advertising is approved and displayed in the Emirate. Decree No. 06 of 2020 regarding the regulation of advertisements in the Emirate of Dubai was passed into law on 20 February 2020. Decree 6 of 2020 is limited in scope to the various forms of outdoor and physical advertising that can be placed within the Emirate.
The law repealed an earlier Local Order from the Dubai Municipality (Local Order No 6 of 1986) that applied to the same activity. The differences between the Local Order and Decree 6 of 2020 are minimal, but may prove to be important.
The new decree includes clarifications of the penalties for non-compliance (up to AED 15,000), which can be multiplied in the case of repetition of offences.
The above provisions will apply from 20 August 2020.
Fiona Robertson
Senior Counsel, Head of Media
Technology, Media & Telecommunications
f.robertson@tamimi.com
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