ABU DHABI – F1 Grand Prix
On the morning of 16 December 2021, the Mercedes-AMG Petronas Formula One team (“Mercedes”) publicly announced that it would not lodge any further legal proceedings against the world-famous events which transpired on the previous Sunday at the last race of the 2021 Formula One World Championship in Abu Dhabi. However, despite the enormous amount of […]
UAE – The new FDI Law: openings and opportunities for foreign investors
On 23rd September 2019, the UAE Federal Decree-Law No. 19 of 2018 (the “new FDI Law”) has come into force, laying down a new promising framework for foreign investments in the UAE. The previous legislation provided that foreign investors could only own up to 49% in a UAE mainland company, subject to very limited exceptions. […]
