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12/03/2024
After EU Commission's first decision on Carbon Contracts for Difference,...
The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Fol­low­ing the...
07/03/2024
Renewable energy in the UAE
1. Introduction - Brief overview of the renewables sector The United Arab Emirates (“UAE”) has continued its momentum in developing the renewables sector since the publication of this guide in 2020...
04/03/2024
CMS guide on the new KSA Civil Code – Fourth Edition - Commercial Contracts
Further to our recent introductory articles on the general principles of contract law available here); construction law (available here) and corporate transactions (available here); we have continued...
01/03/2024
Environmental and social factors in mining: a spotlight on Colombia
Environmental and social considerations have been critical to the business of mining since long before the term ESG gained its current popularity. Mining activities are politically sensitive because they...
01/03/2024
Pre-conditions to arbitration and the FIDIC 2nd Edition
Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings...
08/02/2024
New arbitrateAD Rules
Following the establishment of the Abu Dhabi International Arbitration Centre (branded as “ar­bit­rateAD”) (as reported here), arbitrateAD’s new arbitration rules were published and came into effect...
06/02/2024
Employment issues in M&A transactions in United Arab Emirates
A. Share Deal I. Obligations of the purchaser 1. Check whether: the visa status of all employees transferring with the target company and check all visas are sponsored by the target company or otherwise...
Comparable
30/01/2024
Middle East Arbitration & Mediation Landscape 2024 – More of the Same,...
During 2023, CMS undertook desktop research and qualitative interviews to investigate whether the number of international commercial arbitrations were decreasing globally, in light of news coverage on...
29/01/2024
CMS guide on the new KSA Civil Code - Third Edition – Corporate Transactions
Introduction As set out in our recent publications on19 June 2023, Royal Decree No. M/191 (the “Civil Code”) was published in the Kingdom of Saudi Arabia’s (the “KSA”) official gazette –...
26/01/2024
CMS Expert Guide to Mastering OECD's Pillar Two in United Arab Emirates
1. Has there been a formal indication of the intention to implement Pillar Two/GloBE rules? Yes. 2. What is the implementation status of Pillar Two/GloBE rules? Not yet initiated. 3. Have your tax authorities...
Comparable
25/01/2024
Anti-Bribery and Corruption Laws in United Arab Emirates
 
24/01/2024
CMS advises Oman Investment Authority as Saudi Tadawul Group becomes a...
International law firm CMS has advised the Oman Investment Authority (OIA) in relation to Saudi Tadawul Group’s (STG) acquisition of a 32.6% stake in DME Holdings Limited, the parent company of Dubai...