What does the Dubai Data Law aim to do? The Dubai Data Law, which has been in force since 27 December 2015 aims to improve efficiency between, and facilitate the integration of, services provided by federal and local governmental entities. It envisages the use of available data held by ‘data providers’ being utilized to help inform government decision making, strategic initiatives, and policies. The law also aims to support innovation, economic development, foster competition, and help Dubai achieve its vision of becoming a “smart city”.
Hadef & Partners highlights the main provisions of the new “Netting Law”, the first legislation of its kind in the Middle East recently enacted in the DIFC.
In recent years our practice has seen a notable rise in Chinese business activity in the UAE as China has increased its appetite for international investment. We would expect this trend to continue as the economy within the UAE is forecasted to continue to show a steady recovery in 2013, both in terms of GDP and its property market which makes it an attractive investment hub for international prospective investors.
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