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.
In today’s globalised economy, cross-border conflicts have become a natural aspect of international trade. A joint venture that failed, a contract violated, or payment terms disputed, global companies require a level playing field, an efficient, and enforceable means of resolution. More and more, however, are opting for Dubai and the
Over the last few years, the United Arab Emirates has embarked on a comprehensive overhaul of its labour, immigration, corporate, and civil laws that represent a decisive transition towards a more transparent, globally compliant, and business-friendly environment. These reforms are not superficial; they indicate a new order of laws that
Within an increasingly globalised marketplace, corporate credit is a key element of commercial transactions. Companies grant credit terms with the expectation of payment being made in full and on time. Defaults, however, occur in reality, and when this occurs, having a clear strategy for debt recovery is then vital. The
