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Find out moreWelcome to this edition of Law Update, where we focus on the ever-evolving landscape of financial services regulation across the region. As the financial markets in the region continue to grow and diversify, this issue provides timely insights into the key regulatory developments shaping banking, investment, insolvency, and emerging technologies.
2025 is set to be a game-changer for the MENA region, with legal and regulatory shifts from 2024 continuing to reshape its economic landscape. Saudi Arabia, the UAE, Egypt, Iraq, Qatar, and Bahrain are all implementing groundbreaking reforms in sustainable financing, investment laws, labor regulations, and dispute resolution. As the region positions itself for deeper global integration, businesses must adapt to a rapidly evolving legal environment.
Our Eyes on 2025 publication provides essential insights and practical guidance on the key legal updates shaping the year ahead—equipping you with the knowledge to stay ahead in this dynamic market.
On March 17, 2025, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum unveiled Executive Council Resolution No. (11) of 2025, a groundbreaking initiative set to revolutionize Dubai’s business environment. This resolution, effective from its publication on March 20, 2025, allows free zone establishments to expand their operations onto mainland Dubai, subject to obtaining necessary licenses from the Dubai Department of Economy and Tourism (DET). This strategic move aligns with Dubai’s ambitious D33 Economic Agenda, which aims to double the city’s economy by 2033 and solidify its position among the world’s top three economic cities. The resolution creates a pathway for free zone businesses to integrate into mainland markets, unlocking unparalleled opportunities for growth, innovation, and investment.
*Workforce Considerations: A key driver of this resolution’s significance is the ability for free zone companies to utilize their existing workforce in their mainland operations, potentially preserving associated benefits. However, the precise application and compliance requirements remain undefined until the DET releases further implementing regulations. As free zone companies consider leveraging their existing workforce for mainland operations, it is vital to analyze the potential implications during this transition. Though the resolution suggests retained benefits, the DET’s upcoming regulations will define the precise application and compliance requirements.
Furthermore, the DET is set to release a comprehensive list of permitted economic activities by September 2025, providing essential guidance for strategic expansion planning.
Understanding these regulations and their transitional implications is crucial for capitalizing on Dubai’s changing business environment. We strongly recommend exploring how these changes will affect your operations.
Our team is ready to provide expert guidance, in-depth analysis, and practical assistance to help you navigate this period effectively. For tailored solutions, please contact the key contacts.
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