Justice Minister on legislation benefits
The United Arab Emirates has enacted a new Civil Transactions Law aimed at modernizing the legislative framework to enhance business stability, protect rights, and attract investment. The law reflects the government's focus on empowering youth by reducing the age of legal capacity from 21 to 18 years and expanding financial management rights for 15-year-olds. Additionally, it contributes to improving indicators of the rule of law and achieving harmony with Sharia principles, in line with the UAE Vision 2031.
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