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The emirates of Abu Dhabi, Dubai and Ras Al Khaimah have local court systems, while other emirates follow the federal court system. [4] Some financial free trade zones in Abu Dhabi and Dubai have their own legal and court systems based on English common law ; local businesses in both emirates are allowed to opt-in to the jurisdiction of common ...
Ghafoor is also a co-founder and board member of human rights group Democracy for the Arab World Now (DAWN). The Abu Dhabi Money Laundering Court convicted Ghafoor of committing crimes of tax evasion and money laundering and also ordered him to pay a fine of more than $800,000 stemming from his conviction, in absentia. Critics and human rights ...
In June 2015, the Federal Supreme Court sentenced an Emirati terrorist, Alaa Bader al-Hashemi, to death for the murder of Ibolya Ryan and planting a "handmade bomb" in an Egyptian-American doctor's home in Abu Dhabi. The woman committed the crime in December 2014 and was executed at dawn on 13 July 2015.
The federal justice system is defined in the Constitution of the United Arab Emirates, with the Federal Supreme Court based at Abu Dhabi. [1] As of 2023, only the emirates of Abu Dhabi, Dubai and Ras Al Khaimah have local court systems, while all other emirates use the federal court system for all legal proceedings. [2]
Other notable funds include China’s Investment Corporation and the Abu Dhabi Investment Authority, both of which exceed $1 trillion in assets. Saudi Arabia’s fund is valued at more than $900 ...
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: 100% foreign ownership of the enterprise; 100% import and export tax exemptions
At the nine-year-old Abu Dhabi Securities Exchange, women constitute 43% of its investors while the city's businesswomen's association boasts 14,000 members. [30] At the forefront of Emirati women in business is Sheikha Lubna bint Khalid bin Sultan al Qasimi, appointed Minister for Economy and Planning in November 2004 and subsequently promoted ...
Abu Dhabi [a] is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second-most populous city, after Dubai. The city is situated on a T-shaped island, extending into the Gulf from the central-western coast of the UAE.