The new Commercial Companies Law aims to increase foreign direct funding and reaffirms the UAE’s standing as a leading enterprise hub regionally and globally. The new law applies broadly to any assignment of receivables made as a part of industrial or civil transactions. The Commercial Register Law has been amended permitting native authorities in every emirate to retain the right to establish and handle their industrial information, including registration, information monitoring and change. The law consists of sections on compulsory licenses, addressing the rights of the license holder, the multiplicity of obligatory licenses, and the exception to the circumstances of obligatory licensing by the court. His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, accredited a wide-ranging reform of the country’s authorized system, which aims to strengthen economic, investment and commercial opportunities, the Government Media said Saturday, November 27. There will be disagreement about the reform road ahead for policing, intelligence, federalism, and the content material of the Emergencies Act.
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Apple touts its community of shredding robots and contractors as a greener way to reuse old gadgets. A lengthy court battle and a Businessweek investigation have forged some gentle on the recycling industry’s soiled secrets and techniques. Some of the richest people in South Korea could additionally be among the many greatest losers from elections last week that all however ended a proposal to cut one of many highest inheritance tax rates in the developed world. Governments and companies must get critical in regards to the authorized, technical, economic, social and moral implications of a possible space-based resource economy. A change of presidency in the USA means much less threat of ‘space war’ and more hope for peaceable cooperation.