Month: January 2022

A CFO’s Ethical awareness is crucial for small businesses.

After two years of economic turmoil attributed to COVID-19, many companies, including small and medium enterprises (SMEs), have run out of cash and hope. Thus, the incentive to cut corners, including those requiring questionable ethical considerations, has never been greater. Managing these challenging times requires the leadership of chief financial officers (CFOs), who are known …

A CFO’s Ethical awareness is crucial for small businesses. Read More »

The Ministry of Economy provides updates on industry property and patents legislation and amendments.

As part of the most extensive legislative amendments in the history of the United Arab Emirates, the Ministry of Economy (MoE) shared updates on Industrial Property and Patents.   As of 2021, the following sectors accounted for the majority of patent applications: machinery and construction (23 percent), chemical engineering (24 percent), pharmaceuticals and biotechnology (24 …

The Ministry of Economy provides updates on industry property and patents legislation and amendments. Read More »

Franchise Agreements vs. Distribution Agreements – A comparison.

It would seem that franchise and distribution agreements are nothing more than abstract commercial arrangements between parties. There is a significant underestimation of the prevalence and importance of franchise and distribution agreements in the UAE. A casual stroll through any busy street or shopping center in the country will reveal the impact of a wide …

Franchise Agreements vs. Distribution Agreements – A comparison. Read More »