This is the first in a series of articles considering legal issues relating to bitcoin, cryptocurrencies and blockchain in the UAE. In this article we focus on the legal status of bitcoin and address the question of whether bitcoin is
Al-Mirsal
Insights and commentary on legal developments in the Middle East
Al-Mirsal, published by Latham & Watkins LLP, focuses on legal developments and regulatory trends primarily in the Middle East and North Africa (MENA) region. The blog covers topics such as data protection laws, artificial intelligence and digital infrastructure regulations, healthcare and life sciences sector growth, biotechnology strategies, and financial technology governance. It addresses cross-border data transfer issues, compliance with emerging data privacy frameworks, and the establishment of sovereign data centers. The blog also discusses regional initiatives to foster innovation in healthcare, biotech, and digital assets, reflecting the evolving legal landscape impacting businesses and governments in the MENA region.
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United Arab Emirates – the New Digital Payments Regulatory Landscape
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New Regulations balance innovation in the payments sector with safety, security and maintaining the public’s trust in the UAE payment ecosystem.
After a long period of consultation, on 1 January 2017 the Central Bank in…
Interview with The Banker on the Rise of the DIFC
Dubai Managing Partner Villiers Terblanche spoke recently to The Banker on how the Dubai International Financial Centre (DIFC) has fared in the past during turbulent times.
Climate Change Further Threatens MENA Water Security
By Paul Davies
The Middle East and North Africa (MENA) is home to 14 of the 33 most water scarce countries globally, with six times less water availability than the worldwide average and less than 2 percent of the world’s renewable water supply.…
Telemedicine in the UAE
Telemedicine is a product of 20th century information and communication technologies. It is generally defined as the provision of healthcare services from a healthcare professional to a patient from a remote location using a telephone or the internet. International and…
New Saudi Companies Law – Accumulated Losses and Risk of Statutory Dissolution
For the past few decades, the obligations of companies with losses reaching 50% or more of their share capital has been a topic of high debate in the Kingdom of Saudi Arabia. That is due to the uncertainty surrounding the…
6 Unique Challenges for Protecting and Exploiting Intellectual Property in the United Arab Emirates
The United Arab Emirates (UAE) is an attractive global business centre and gateway to the wider Middle East region for international companies seeking to commercialise and exploit their brands, products and technologies.
However, the UAE is often considered to present…
Middle East Privatisation – Saudi Arabia Par Excellence?
Saudi Arabia’s recently announced plans to privatise several key industries in the Kingdom has once again brought the Kingdom’s privatisation agenda back into the spotlight. The announcements form part of the countries transformational initiatives as part of The 2016-2020 National…
3 Key Considerations Before You Begin Outsourcing in Qatar, Saudi Arabia or the UAE
Outsourcing has historically not been a major pillar in Middle East public and private sector organisation’s strategic architecture. While the benefits of outsourcing are understood and recognised, organisations have sought to engage with major outsourced service providers through managed service…
Egypt Liberalises Electricity Market to Allow Private Sector Participation
In 2015, Egypt issued its unified Electricity Law no. (87), paving the way for market liberalisation of its power generation and distribution services. A few months on from its introduction, what are some of the key takeaways?
The Electricity Law…