Hamdi al Shiwi says that any order to bar non-Emirati lawyers from practising would have to be issued by ministerial or royal decree.
Hamdi al Shiwi says that any order to bar non-Emirati lawyers from practising would have to be issued by ministerial or royal decree.

Egyptian files suit to overturn ban on foreign lawyers in Dubai



DUBAI // An Egyptian lawyer has filed a civil suit seeking to overturn a year-old ban on non-Emirati lawyers practising in Dubai courts. The lawyer, Hamdi al Shiwi, filed the suit yesterday claiming that the administrative order contradicts the decrees and laws already established to protect lawyers. The order was made on October 29 of last year by the the Director General of Dubai Courts.

It stipulated that non-Emirati lawyers would not be allowed to argue cases in the Dubai Cassation Courts or the Dubai Courts of Appeal from January 1 of this year. It also stated that from March 31, 2012, non-Emirati lawyers would be barred from deliberating in any Dubai Court. In 1996, the federal Government issued a law barring non-Emirati lawyers from practising at federal courts. Dubai, however, has its own court system and issued its own law allowing non-Emirati lawyers to practise in Dubai.

In his claim, Mr al Shiwi states that an administrative order should not be able to cancel out a Dubai law that allows Arab lawyers to practise. He argues that any such order would have to be issued by ministerial or royal decree to be valid. Furthermore, he says that when the federal law was announced in 1997 it granted an 11-year grace period before its implementation in 2008. "How is it possible for an administrative order to be issued and provide such a short grace period between October 2008 and January 2009?" he asked in his claim.

"This administrative order has not only affected my business but has affected people's interests. People stopped dealing with my firm since the order came out, and I am speaking about clients that have dealt with me for the past 18 years." Mr al Shiwi came to the UAE in 1989 as a judge in Umm al Qaiwain courts. He opened his firm in Dubai 18 years ago, after he gained a special permission from Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai and has built a life in the emirate.

He has two sons living in Dubai who now also practise law here. He said the change in law had had a dramatic impact on his practice. "The order's effect on business has been immense," he said. "If I take a case to the lower courts and deliberate, I cannot continue to work on it when it gets to the higher courts now." He said he is the youngest of five non-Emirati lawyers at his firm still practising law.

Mr al Shiwi, who is in his late 50s, said: "If they just let things flow organically, we would be out of the picture within the next few years." Prominent Emirati lawyers have stated that the decision was made to boost the number of Emirati lawyers. "When the federal law implementation was postponed, this was due to the low number of Emirati lawyers in the UAE," said one of them, Salem Salem al Sha'ali.

"This is something that is practised in all the Arab countries where local lawyers are only allowed to deliberate." Another lawyer said there were 800 to 900 federally licensed lawyers along with 600 to 700 locally licensed lawyers in Dubai. "In 2001 there were very few Emirati lawyers, but now the market is abundant with them," he said. The lawyer, who did not wish to be named, said Emirati lawyers were necessary to protect individual rights. "We need to have Emirati lawyers who know the UAE law and possibly can effect political change when it comes to legislation."

Furthermore, he said, the move to bar non-Emirati lawyers protects the competitiveness of the market by disallowing international law firms to enter. "A lawyer's reputation depends on his track record and the size of his firm," he said, explaining that when large international firms come to the UAE clients would be more inclined to go to them rather than taking a chance on a local firms that may not be as experienced.

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Tentative schedule of 2017/18 Ashes series

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4th Test December 26-30, Melbourne Cricket Ground, Melbourne

5th Test January 4-8, Sydney Cricket Ground, Sydney

Western Region Asia Cup T20 Qualifier

Sun Feb 23 – Thu Feb 27, Al Amerat, Oman

The two finalists advance to the Asia qualifier in Malaysia in August

 

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

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Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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UAE currency: the story behind the money in your pockets
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”