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Employment relationships in the United Arab Emirates are governed by Federal Law No.8 of 1980 Regulating Labour Relations as amended by Federal Laws No.24 of 1981, No.15 of 1985 and No.12 of 1986 (the Labour Law). The Labour Law provides that an employment contract can be terminated in the following ways.
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- employees
- employer
- law
- termination
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As the name implies, end of service gratuity is an amount of money that every employee is entitled to receive, and every employer is liable to pay, upon termination of an employment relationship in the UAE, provided that the employee meets the conditions set out in the Labour Law (UAE Federal Law No.8 of 1980).
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- dubai
- employees
- employer
- employment
- gratuity
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In the UAE, according to a recent survey conducted by a recruitment consultancy, many companies have started hiring again, or are preparing to resume recruitment.
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On 14 December 2009, UAE’s stock market shot up in excess of 10% following the announcement of the due repayment of $ 4.1 billion to the Sukuk holders of Nakheel Development Limited following a $ 10 billion support payment from Abu Dhabi to the Government of Dubai.
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- commercial
- law
- tribunal
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Intellectual Property (IP) is a tricky topic in the Middle East. Copyrighted work is treated as if it were in the public domain over here. IP is often viewed as nothing more than a legalistic term, not true “property” at all. In fact of course, IP may be significant asset, rights protecting the applications of […]
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Most businesses in the United Arab Emirates are practiced by way of commercial agencies. In the UAE such arrangements are governed by Federal Law number 18 of 1981 (the “Commercial Agency Law”).
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THE ongoing financial crises gripping the world, including the UAE, shows no sign of abating, so businesses are increasingly looking at means of strengthening their financial standing.
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01 Apr '09Recently, the Federal National Council passed a credit information law for the UAE. This law reflects the maturing nature of the nation’s knowledge-based economy, as information is seen as a pillar of such an economy.
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