A Complete Guide to the UAE’s Updated Visa Rules 2022”
In line with the directives of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, Dubai Courts has announced the formation of a law enforcement committee for Dubai’s financial markets and the creation of two new courts within the Commercial Court dedicated to resolving disputes related to securities.
The newly established courts will focus on securities, shares, bonds, and other financial instruments, reinforcing Dubai’s judicial mechanisms to deliver swift and accurate justice in the financial sector.
Key Objectives and Statements:
HE Taresh Eid Al Mansouri, Director General of Dubai Courts, emphasized that the new courts align with HH Sheikh Mohammed bin Rashid Al Maktoum’s vision of enhancing Dubai’s judicial system and supporting the emirate’s growth and excellence.
HE Khalid Obeid Al Mansouri, Chief Judge of the Commercial Court, highlighted that the initiative aims to increase dispute resolution efficiency, protect investors, and accelerate market development.
Smart and Remote Litigation System:
The new courts will introduce a technology-driven remote litigation system, enabling judges, advocates, experts, and litigants to:
Submit requests and attach supporting documents digitally
Sign using digital signatures and verify identities remotely
Manage cases, hearings, and judgments online
Ensure secure access, preventing unauthorized use of case information
This system will also allow judges and relevant departments to follow up on cases, issue judgments, and enforce rulings around the clock, making Dubai Courts a smart judicial system.
HE Khalid Obeid Al Mansouri affirmed that Dubai Courts will continue adopting innovative technologies to enhance judicial processes and encourages all users to utilize smart channels for efficient, paperless, and convenient legal services.
Title: Why MoHRE Will Fine Companies in 2023
The UAE government’s Emiratisation policy aims to increase the participation of Emiratis in the private sector and support their career growth. Through this initiative, the Ministry of Human Resources and Emiratisation (MoHRE) encourages companies to create job opportunities for UAE nationals, building a skilled and sustainable workforce.
Starting 1st January 2023, companies employing 50 or more professionals are required to meet the Emiratisation target of 2% in skilled jobs. Companies that fail to hire the required number of Emiratis will face a fine of AED 72,000 for every unfilled Emirati position.
The Ministry has issued reminders to all relevant companies, highlighting that they have only 50 days left to comply. To assist organizations, MoHRE offers support packages and incentives under the Emirati Talent Competitiveness Council (Nafis).
MoHRE emphasized:
“We are committed to developing the UAE labour market in partnership with the private sector, enhancing the business environment, and attracting companies, investors, entrepreneurs, and talented professionals from around the world, particularly in strategic sectors.”
Complying with Emiratisation requirements is not only mandatory but also beneficial for private sector companies, helping them strengthen their workforce while contributing to the nation’s long-term economic development.
