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Last year Emirati policymakers changed some details of the law to make it less draconian, as part of the plan to bring in a modern bankruptcy structure in the UAE. Al-Mulla thinks it still has not gone far enough. (Shutterstock)

September 2nd, 2018 - 12:03 GMT

Abraaj Founder Lawyer Points out the Flaws of the UAE Legal System

Habib Al-Mulla is used to media attention, but last Wednesday he had even more than his usual share of interaction with the world’s news outlets.

Participants arrive at the congress center prior to the opening of the World Economic Forum in Davos on January 21, 2014. (AFP/ File)

May 21st, 2017 - 10:20 GMT

Youth, Unemployment Top Discussions at World Economic Forum in Jordan

Regional economies, including Saudi Arabia, have been hit hard by the drop in oil prices, boosting the need for reforms such as subsidy cuts and the introduction of a value-added tax (VAT). (File photo)

April 13th, 2017 - 01:03 GMT

A tax on the rich will eliminate the need for VAT in GCC: Expert