SIAC’s draft 7th Edition of its Rules and the possible Impact
With DIAC aiming to become the world’s leading arbitral institution, I’ve been closely observing the developments at the Singapore International Arbitration Centre (SIAC), which has seen a consistent rise in its case load since its last rule update in 2016. In 2015, they handled 271 new cases, which increased to 357 in 2022. The first […]
A New Era for DIFC Probate Enforcement Under Law No. 2 of 2025
A New Era for DIFC Probate Enforcement Under Law No. 2 of 2025 The introduction of Dubai Law No. 2 of 2025 marks a turning point in how probate orders issued by the DIFC Courts operate beyond the financial centre’s borders. For years, executors dealing with assets in mainland Dubai faced a two‑step process: obtain […]
KBH advises the shareholders of the Kanoo Group on strategic sale of BRC Arabia to Easa Saleh Al Gurg Group
We are pleased to have acted as legal counsel to the shareholders of The Kanoo Group on the sale of BRC Arabia, a leading UAE-based manufacturer of cut-and-bend steel and wire mesh solutions for the construction sector, to Easa Saleh Al Gurg Group. This transaction represents a significant milestone for the UAE’s industrial and construction […]
Navigating Financial Services in the DIFC: What You Need to Know
In a recent circular, the Dubai Financial Services Authority (DFSA) clarified an important distinction for businesses operating in the Dubai International Financial Centre (DIFC). Being incorporated in the DIFC does not automatically grant the authority to provide financial services. This informative piece breaks down the key points and sheds light on how businesses can ensure […]
Summary of DIFC Courts. Law No. (2) of 2025
Dubai Law No. 2 of 2025 (the 2025 Law), effective as of 14 March 2025 following its publication in the Official Gazette, introduces significant changes to the jurisdiction of the Dubai International Financial Centre (DIFC) Courts. This new law supersedes both Dubai Law No. 12 of 2004 (the JAL) and DIFC Law No. 10 of […]
OVERVIEW OF THE FUNDS REGIME IN THE DIFC
The Dubai International Financial Centre (DIFC) has a structured approach to managing various types of funds. These funds can either be domestic (established within the DIFC) or foreign (established outside the DIFC). Below is an overview of these fund types and the relevant fund managers: 1. Domestic Fund A domestic fund is one that is […]