[05/01/10] Dubai sets new rent cap for 2010 The new decree aims to regulate the relationship between landlords and tenants and chart a legal framework for rental matters in 2010. [14/12/09] Special legal framework to hear disputes against Dubai World The Dubai Government announced a comprehensive legal framework, including setting up of a tribunal headed by three prominent judges that will govern the possible bankruptcy or liquidation of Dubai World. [02/06/09] Dubai Government will reduce license fees On 28 May 2009 the Dubai Government announces that it will reduce business and licensing fees by 20 to 30 per cent. Read more Read more

[05/01/10] Dubai sets new rent cap for 2010 The new decree aims to regulate the relationship between landlords and tenants and chart a legal framework for rental matters in 2010. [14/12/09] Special legal framework to hear disputes against Dubai World The Dubai Government announced a comprehensive legal framework, including setting up of a tribunal headed by three prominent judges that will govern the possible bankruptcy or liquidation of Dubai World. [02/06/09] Dubai Government will reduce license fees On 28 May 2009 the Dubai Government announces that it will reduce business and licensing fees by 20 to 30 per cent. [02/07/08] The Firm participated in the Third CIS Local Counsel Forum Mrs Marina Fox - the founder of Marina Fox Legal Consultancy has given a speach at the third CIS Local Counsel Forum which took place in St. Petersburg, Russia on June 25-27, 2008. [23/02/08] Book on Dubai Laws in Russian is now on sale Marina Fox has published a book on Dubai Laws in Russian. The book is now on sale at the offices of Marina Fox Legal Consultancy. [23/01/08] 5% rent cap for 2008 Reduction in the annual rent cap for 2008 from 7% (seven percent) to 5% (five percent) of maximum rental increase per annum. [26/10/07] Law on escrow accounts for Dubai real estate projects People buying properties off plan in Dubai will make their payments into special escrow accounts managed by banks, auditors and Land Department instead of directly to the property developers. [22/06/07] DIFC freehold ownership laws enacted The Real Property (DIFC Law No 4 of 2007) and Strata Title (DIFC Law No 5 of 2007)have been enacted on 21 June 2007. [27/01/07] Tighter rules for insurance brokers The new rules, announced by UAE Government on 8 January 2007, raised the bank guarantee on registering the broker for the main branch from AED300,000 to AED1 million and AED150,000 to AED500,000 for each branch. [07/10/06] NOC rule for driving licence reinstated With effect from 1 October 2006 no one is allowed to learn driving in Dubai without getting a No-Objection-Certificate from his employer. [06/08/06] New laws on formation of investment trusts The Ruler of Dubai has enacted new investment laws for Dubai's financial free zone that will enable collective funds to be set up as investment trusts. [17/07/06] Dubai issues list of freehold locations Ruler of Dubai has issued Order No. 3 of 2006 designating freehold areas in Dubai [16/07/06] UAE joins New York Convention The UAE has recently joined the New York Convention of 1958 on recognition and enforcement of foreign arbitration awards. [04/07/06] Amendment to Law on Insurance Companies The President of UAE issued Federal Law amending some provisions of the law on insurance companies and agents. [17/05/06] Friday-Saturday weekend in UAE from September From 1 September 2006 the UAE's official weekend will be Friday and Saturday. [15/05/06] UAE and Britain sign extradition agreement The UAE and the United Kingdom have entered into three agreements on extradition of criminals [25/04/06] WTO begins to review UAE trade policy The global trade watchdog yesterday began reviewing the UAE trade policy. [15/03/06] Dubai Property Law The Dubai Government issued its property law yesterday which gives expatriates the right to acquire freehold and 99-year lease property in specially designated areas. [22/02/06] UAE legalises human rights association The first UAE human rights organisation has been formally licensed, creating a precedent in the country. [18/02/06] UAE and Kazakhstan boost joint projects The UAE and Kazakhstan yesterday signed a joint cooperation action plan which calls for extending cooperation to cover vital sectors in Kazakhstan and to strengthen bilateral ties [18/02/06] No ban in the passports The Ministry of Interior yesterday announced that it has stopped stamping the ban on the passports of expatriate workers [18/02/06] Abu Dhabi gets new property law President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued a law regulating the right to own and transfer real estate [31/01/06] Visit visa cost The UAE Cabinet has approved the amended fee structures for visit visas.

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