10/06/2023
The changes to the UAE Arbitration Law include provisions relating to the appointment of arbitrators, modern arbitration methods such as virtual fora and the use of technology, and greater freedom for the parties to agree on procedures.
10/05/2023
The amended probate law relieves the burden on beneficiaries and allows them to collect assets much quicker, enabling them to access funds to settle any debts such as funeral bills or care home fees for example.
10/05/2023
This relief was available if the trustee would not have exercised the power as they did, but for their failure to take into account relevant considerations, or their having taken into account irrelevant considerations.
10/03/2023
Additionally, the Fed signaled that it is poised to make two cuts to the benchmark rate in 2024, which is two fewer than the Fed had indicated would be made at its June 2023 meeting.