Dubai Chambers has successfully organised three workshops aimed at enhancing the business community’s understanding of the UAE Commercial Companies Law, bankruptcy law, and insurance claims. 

 

The sessions attracted the participation of 133 representatives from private sector companies operating across a wide range of industries.

 

The specialised legal workshops were organised as part of Dubai Chambers’ drive to equip the business community with insights and guidance on the latest legal developments, enhancing companies' ability to comply with all legal obligations and supporting their competitiveness.

 

Recent trends

The ‘UAE Bankruptcy Law’ workshop was held in cooperation with Habib Al Mulla & Partners and provided an overview of the UAE’s recently enacted Financial Reorganisation and Bankruptcy Code. The second workshop, titled ‘Insurance Claims in the UAE,’ was delivered in collaboration with Clyde & Co and Al Sahlawi & Co. The session highlighted recent trends in the insurance sector, together with domestic and international regulatory and legal developments impacting insurance claims.

 

The third workshop was titled ‘UAE Commercial Companies Law and DIFC Companies Law: Managing Companies in the UAE.’ Held in cooperation with EY Law, the session examined key legal issues for directors in doing business in the UAE, including directors’ duties, corporate governance requirements, and the importance of institutional compliance to ensure data protection. 

 

The workshop also explored key legal and administrative considerations, as well as the differences between directors' roles in Dubai-based companies and those operating within Dubai International Financial Centre.

 

As the engine of Dubai’s economic development and business growth, Dubai Chambers is committed to boosting the growth of businesses in the emirate, ensuring the success of Dubai companies overseas, accelerating the emirate’s digital economy, advancing the interests of the business community, and strengthening the emirate’s position as a leading global business hub.--TradeArabia News Service