United Arab Emirates: Debt Capital Markets

Debt recovery in the UAE is a staged process rather than one court filing. It may begin with a demand and asset-preservation request, continue through a civil claim or direct cheque enforcement, and end with a separate execution case. The strongest strategy considers collectability from the beginning. A creditor needs evidence of the debt, a route to judgment or an executive instrument, and an active plan for locating and enforcing against assets after the legal entitlement is established.

Learn how novation agreements in Dubai transfer rights and obligations, why all parties must consent and how guarantees and mortgages are treated.

Let's get digital – the Middle East has been working toward broader adoption of digital debt securities, driven by government-led transformation agendas, regulatory frameworks, and an appetite for financial innovation.

A recent ruling by the Dubai Court of Cassation provides valuable insights into the enforceability of gift transactions executed by debtors with encumbered assets.

A new federal law regarding personal status has been issued by the UAE government on the 1st of October 2024 and which will come into effect on the 15th of April, 2025.

Running a business involves taking risks in order to continue to scale new grounds. Sometimes, these risks may not be successful, leading to debts.

The new federal decree-law no. 35 of 2021 amending the provisions of federal decree-law no. 9 of 2016 regarding bankruptcy and its amendments has been introduced in the United Arab Emirates...

In the following series of articles, Barry Greenberg provides the reader with a comprehensive look at bankruptcy proceedings in the UAE, from beginning to end.

The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region...