Over its 50-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, which was one of the first in the UAE market, founded in 1975 and will celebrate its 50th anniversary in 2025.
This Practice Note discusses the process of financing commercial real estate in the UAE. It provides guidance for borrowers and lenders on common forms of commercial real estate ownership and financing, the priority and perfection of security interests in real property, and the fundamental steps involved in financing commercial real estate, including loan due diligence,…
Afridi & Angell recently acted successfully for a client in proceedings arising from a banking fraud, resulting in a significant and relatively rare decision of the Dubai Court of Cassation requiring the bank to compensate the customer for the loss suffered. The decision is particularly significant at a time when banking fraud is becoming increasingly…
As the UAE Corporate Tax framework continues to evolve, the UAE Federal Tax Authority (FTA) has recently issued another significant decision, Decision 12 of 2026 (Decision 12), that may have far-reaching implications for businesses forming part of Multinational Enterprise (MNE) Groups. As part of the UAE’s implementation of the OECD’s Global Anti-Base Erosion (GloBE)…
The Dubai International Financial Centre (DIFC) has enacted the Prescribed Company Regulations 2026 (the 2026 Regulations), which came into force on 24 July 2026 and amend and restate the Prescribed Company Regulations 2024 (the 2024 Regulations). The 2026 Regulations remove the qualifying requirements that previously restricted access to the prescribed company regime and introduce…
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has issued Consultation Paper 2 of 2026 (the Consultation Paper), proposing enhancements to the regime governing the transfer of certain financial services business (Transfer Schemes) under Part 7 of the Financial Services and Markets Regulations 2015 (FSMR). A Transfer Scheme is…
Federal Decree-Law No. 25 of 2025, the UAE’s New Civil Code, came into force on 1 June 2026, replacing Federal Decree-Law 5 of 1985 Concerning the Issuance of the Civil Transactions Law (the Old Code). This article forms part of a series examining the changes introduced by the New Code, and highlights some significant…