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UAE Unveils Federal Decree-Law No. 11 of 2023 on Government Procurement

Introduction: The Ministry of Finance proudly announces the issuance of Federal Decree-Law No. 11 of 2023, a landmark legislation setting the stage for a paradigm shift in the procurement landscape of the UAE’s federal government. This comprehensive law is designed to redefine and elevate principles, controls, and standards for procurement operations, aligning with global quality…

New Public-Private Partnership Law to Transform Infrastructure Landscape

Introduction: The Ministry of Finance in the UAE heralds a new era with the issuance of Federal Decree-Law No. 12 of 2023 on public-private partnerships (PPPs). This landmark legislation establishes a comprehensive framework for collaborations between federal government entities and the private sector, ushering in a wave of developmental and strategic initiatives.