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The legal repercussions of the ongoing events in the Middle East on contractual obligations

he ongoing conflict in the Middle East is raising important legal questions around contract enforceability. How do such situations affect contractual obligations and liability? From the legal interpretation of Force Majeure under Lebanese law to the role of good faith, this article unpacks the complex impact of war on contracts and highlights the need for well-drafted Force Majeure clauses to navigate these turbulent times.

Big Move in the Business Sector

In a continued effort to foster gender diversity and promote inclusive corporate governance, the UAE Ministry of Economy has introduced Ministerial Resolution No. 137 of 2024 (the “Regulation”). This Regulation mandates that all private joint-stock companies must allocate at least one seat on their board of directors to a woman.

The Cloud is down: any compensation?

In this article, Dr. Aline Tanielian explores the legal challenges and potential hurdles faced by companies seeking compensation for losses caused by a Cloud outage. She delves into the implications of service provider terms and the critical need for legal and technical safeguards in the ever-reliant digital landscape.

Navigating Anti-Money Laundering Regulations in the UAE

In the article “Navigating Anti-Money Laundering Regulations in the UAE,” our Senior Associate in Abu Dhabi, Marc El Azzi,  delves into the UAE’s commitment to combatting money laundering and terrorist financing.

UAE Tax Law: Interplay with India Tax Residency

Eptalex – MEG Legal Services collaborated with PKAA & Associates Chartered Accountants on the article “UAE Tax Law: Interplay with India Tax Residency”. The article dives into the applicability of the Indian income tax regulations in light of both the newly introduced tax legislation in the UAE and the bilateral tax treaty between the two jurisdictions.

The United Arab Emirates Introduces a New Corporate Tax System

On January 31, 2022, the UAE Ministry of Finance announced the introduction of a federal corporate tax system applicable to corporate profits generated during financial years beginning on or after June 1, 2023. The corporate tax system introduced is one of the most competitive regimes in the world, designed to encourage startups.