Top 10 All Topics Headlines from Middle East & Africa
On July 26, 2012, the King of Bahrain issued new labour Law No. 36 of 2012. The New Law repeals and replaces the old labour law (No. 23 of 1976).
From a tax perspective, it must be said that the number of proposed changes to the various fiscal Acts are considerably fewer than in prior years.
Under the 1973 Companies Act non-subscribers could either be elected to the board of directors or appointed by the board in order to fill a casual vacancy.
Employment relationships in the United Arab Emirates are governed by Federal Law No.8 of 1980 Regulating Labour Relations as amended by Federal Laws No.24 of 1981, No.15 of 1985 and No.12 of 1986 (the Labour Law).
One of the most debated issues in an employment agreement is the legality of restrictive covenant provisions, such as a non-compete clause which prevents employees from working for a competitor upon termination of their employment agreement.
A discussion on the restrictions to the capital gains exemption which normally applies to individuals selling their home.
As the name implies, end of service gratuity is an amount of money that every employee is entitled to receive, and every employer is liable to pay, upon termination of an employment relationship in the UAE, provided that the employee meets the conditions set out in the Labour Law (UAE Federal Law No.8 of 1980).
It is mandatory for an expatriate employee to sign a labour contract in the format stipulated by the Ministry of Labour prior to commencing employment.
The following essay discusses briefly the important aspects of Labour Law in the UAE.
The numerous renewable energy, economic and infrastructure developments on the African continent make it an attractive investment destination.