As companies keep moving towards digitisation, it becomes very important for them to have smart contracts, which are now an important element of modern business transactions. Smart contracts operate based on blockchain technology and automatically implement an agreement once certain conditions are fulfilled. These are faster, more transparent, and reduce administrative expenses. However, apart from all the benefits, companies need to realise...
Nowadays, the UAE has turned into one of the world leaders in terms of attracting cryptocurrency and blockchain companies. With well-defined legislative frameworks, business-friendly legislation, and innovations, the country keeps on attracting startups, investors, fintechs, and multinational corporations. While the adoption of cryptocurrencies is developing rapidly, knowing the laws of the UAE becomes crucial for all those who are going to do...
Lawsuits go beyond making presentations in court. All successful lawsuits begin with proper preparations, research, and strategic planning. Whether it be in a business dispute, employment lawsuit, property dispute, or contract disagreement, litigation planning raises the chances of success tremendously. In accordance with UAE laws, proper litigation planning is crucial for all cases to guarantee a successful result. Through the services of...
Whatever your dispute may involve, whether you have a commercial dispute, employment issues, family issues, property disputes, or even a criminal case, the actions you take in the beginning stages can affect the whole process of your case. Most of people only consult legal professionals once the issue becomes serious. However, this situation leads to loss of opportunities, evidence, and disadvantages. Early case evaluation will enable...
The major building and construction projects have many participants, huge financial investment, tight deadlines, and numerous legal considerations. From office towers, residential areas to industrial and infrastructure projects, each of their phases needs proper agreement for risk minimization and successful completion. Contract management is one of the essential tools for avoiding problems and ensuring that all the parties' interests are...
Project delays remain one of the major problems faced by contractors in the construction industry. These delays can cause financial loss, legal disputes, and harm to contractors' business relationships. Given the fact that construction projects in the UAE follow strict contracts and the UAE Law, contractors need to know what their legal rights and duties are to protect their interests. The process of getting legal consultation on time from...
The construction industry is a major contributor to the development of the UAE, and many large residential, commercial, and infrastructure projects take place annually. On the other hand, construction projects usually entail a number of different parties, short timelines, and considerable investments. These can be the sources of disputes. Understanding what leads to construction disputes and learning how they can be settled can save you from...
The construction sector is amongst the leading industries in the UAE as many projects for infrastructural, commercial and residential purposes are undertaken, contributing towards the overall growth of the economy. Construction projects typically involve several stakeholders, time and cost constraints. Disputes and claims cannot be avoided in such scenarios where delays, contract breach, payment dispute and variations are common. It is...
UAE construction industry is among the fastest-growing industries in the region, where there are major commercial, residential and infrastructure projects that will define the future of the country. To undertake such big projects successfully, there is a need to have FIDIC (Fédération Internationale des Ingénieurs-Conseils) contracts. This is due to the fact that the internationally recognised contract templates offer an excellent means of...
