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Email this article: The DIFC Courts: Opportunities for the Middle East insurance market
Posted: Tue February 7, 2012 7:42 pm
UAE. The jurisdiction of the DIFC Courts was recently extended to allow parties having no specific connection with the Dubai International Financial Centre to choose to have their commercial disputes resolved by the DIFC Courts.
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SAUDI ARABIA. Recent resolutions indicate a growing approach by the Ministry of Labour to require the complete Saudisation of certain activities within the retail sector. This article examines the existing requirements and also the proposal for a weighted Nitiqat.
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