Over its 45-year history, Afridi & Angell brought an innovative approach to the legal industry by delivering services grounded in a passion for law, entrepreneurial vision, legal ingenuity and a culture of excellence. The firm quickly developed a reputation for dynamic client service, business acumen and legal expertise.
More About UsAfridi & Angell is a leading, full-service business law firm in the United Arab Emirates (the 'UAE'). The firm, one of the longest established in the UAE, was founded in 1975 and celebrated its 45th anniversary in 2020.
Dubai’s real estate market has experienced significant growth in prices in the past few years. The average sales prices for residential properties in Dubai increased by 12% between 2021 and 2022 to reach AED 1,203 per sq ft. This is expected to increase even more by the end of 2023. In this market, off-plan properties...
The UAE Cabinet recently approved a scheme for the establishment of savings and investment funds for employees primarily in the private sector (including free zones). This scheme is an alternative to the current system of payment of end-of-service benefits (gratuity) to an employee at the end of his employment. Participation in the scheme will...
A Q&A guide to private equity law in the United Arab Emirates. The Q&A gives a high level overview of the key practical issues including the level of activity and recent trends in the market; investment incentives for institutional and private investors; the mechanics involved in establishing a private equity fund; equity and debt...
A multi-jurisdictional guide which covers the prevailing conditions in the global restructuring market. This edition seeks to highlight some of the most significant legal and commercial developments and trends during this period.
Asymmetric jurisdiction clauses (or unilateral option clauses as they are also sometimes described) confer on one contracting party the option to bring proceedings in a court or forum of its choosing, while restricting the counterparty’s ability to bring claims to a single jurisdiction. Such clauses could provide, for example, that the party who enjoys the...
In addition to the UAE, which we have contributed for the third year, this guide covers a broad range of common issues in fintech laws and regulations in 41 jurisdictions. Areas covered in the guide include the fintech landscape, funding for fintech, fintech regulation, other regulatory regimes / non-financial regulation, accessing talent, and technology.