The UAE government has taken the decision to remove the distinction between private sector and public sector in terms of public and national holidays. Previously the public sector had been granted more public holiday than the private sector every year, and the decision is seen as one designed to encourage more Emiratis to enter into the private sector.
All workers in the UAE for the next 2 years are therefore entitled to 14 days public and national holiday.
A commercial contract in the UAE cannot generally be ended simply because one party no longer wants to continue the relationship. Contract termination under UAE Civil Code principles requires a recognised contractual or legal basis, and the procedure followed can be as important as the reason for termination. Depending on
The importance of a shareholders’ agreement often becomes most apparent when shareholders no longer agree as readily as they did when the company was established. Questions concerning control, funding, dividends, new investors, share transfers and exits can expose gaps that were not obvious at incorporation. For businesses considering a shareholders
The UAE has significantly strengthened its consumer protection framework to reflect the country’s rapidly evolving commercial landscape, expanding digital economy, and growing focus on consumer rights. Although commonly referred to as the “new” Consumer Protection Law, the current framework is built on Federal Decree Law No. 5 of 2023, together
