Contracts, negotiation and enforcement in the United Arab Emirates: overview | Practical Law

Contracts, negotiation and enforcement in the United Arab Emirates: overview | Practical Law

A Q&A guide to general contracts and their negotiation and enforcement in the United Arab Emirates.

Contracts, negotiation and enforcement in the United Arab Emirates: overview

Practical Law Country Q&A 6-636-1016 (Approx. 16 pages)

Contracts, negotiation and enforcement in the United Arab Emirates: overview

by Abdel Ghany Fouda, STA Law Firm Limited
Law stated as at 01 Oct 2020United Arab Emirates
A Q&A guide to general contracts and their negotiation and enforcement in the United Arab Emirates.
The Q&A gives a high-level overview of key legal concepts, including contract formation with general discussions as to authority, formal legal requirements, formalities for execution, the requirements for deeds and notarisation, powers of attorney, and virtual closing and completion meetings. It also considers the different types of contractual terms, variation, assignment and waiver of contracts, enforcement and remedies, and cross-border issues.