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Fresh guidance on L-1 visa petitions

USCIS clarifies proxy vote use for certain intra-company transferee L-1 visa petitions

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Gold is now an accepted Sharia investment

The move could ensure the metal a central role in the $1.8t Islamic finance industry

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DFM signs MoU with Dubai Courts

Move indicates the belief shared by both the DFM and Dubai Courts on the importance of coordination and cooperation in further reinforcing the efficiency of their activities

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Shaikh Mohammad issues law on free zones, special development zones in Dubai

The new Law is applicable to all free zones and special development zones in Dubai, including DIFC

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Mohammad Bin Rashid sets up Dubai Judicial Council

Maktoum to chair the council

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Dubai ruler amends law on Dubai Small and Medium Enterprises

New law amends DSME objectives to include putting in place policies and strategic plans for entrepreneurship and setting up projects

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LexisNexis Foreign Investment Law Guide 外国投资法指南 2018–2019

For an update on foreign investment practices around the world with an Asia-Pacific focus, please review the LexisNexis Foreign Investment Law Guide 2018 -2019 eBook

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DFSA enhances its Collective Investment Funds Regime

Following the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 115, the DFSA has made amendments to the Collective Investment Law 2010 and the DFSA Rulebook.

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LexisNexis Mergers & Acquisitions Guide 2019

The sixth annual complimentary guide to understanding M&A practices around the world with an Asia-Pacific focus.

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The DIFC’s New Companies Law Regime

On 12 November 2018, the DIFC enacted the new companies law regime, which aims to reduce compliance requirements in order to create commercial flexibility for businesses, and seeks to clarify previously uncertain matters to ensure closer alignment with international best practice.

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UAE’s New Foreign Direct Investment Law

The UAE foreign investment law has recently been issued and published. Federal Law No. 19 of 2018 on Foreign Direct Investment (the “FDI Law”) aims to promote foreign direct investment in the UAE and secure the country’s position as a leading and growing international business hub.

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New Business Licenses Launched in the UAE

In order to increase the economic competitiveness of the UAE, there have been recent initiatives undertaken by UAE free zones including the creation of a freelancer permit, the introduction of a new type of commercial licence by the Dubai International Financial Centre (“DIFC”) and the launch of a new commercial license for tech start-ups by the Abu Dhabi Global Market (“ADGM”).

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