Dubai Chambers has conducted three workshops to educate the business community on the UAE Commercial Companies Law, bankruptcy law, and insurance claims.
Around 133 representatives from private sector companies attended the sessions. The specialized legal workshops aim to equip the business community with valuable insights and guidance on the latest legal developments, enhancing companies’ ability to comply with all legal obligations and supporting their competitiveness.
The ‘UAE Bankruptcy Law’ workshop, held in cooperation with Habib Al Mulla & Partners, offered an overview of the UAE’s recently enacted Financial Reorganization and Bankruptcy Code.
The second workshop, titled ‘Insurance Claims in the UAE,’ was carried out in collaboration with Clyde & Co and Al Sahlawi & Co. The session underscored recent trends in the insurance sector, along 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 explored key legal issues for directors in operating business in the UAE, such as directors’ duties, corporate governance requirements, and the significance of institutional compliance to ensure data protection.
In addition, the session 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 a key driver of Dubai’s economic development and business growth, Dubai Chambers is dedicated to fostering the growth of businesses in the emirate, ensuring the success of Dubai companies overseas, boosting the emirate’s digital economy, advancing the interests of the business community, and elevating the emirate’s position as a leading global.
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