KHALEEJ TIMES, Monday, Sep 14, 2020 | Muharram 26, 1442
Dubai Chamber webinar offers guidance on business continuity
Emirates:
The Dubai Chamber of Commerce and Industry, in cooperation with Taylor
Wessing (Dubai Branch), recently organised a webinar, which shed light on
some of the most common legal issues that businesses are facing during
Covid-19.
The webinar, attended by around 300 participants representing local and
international businesses, offered practical and legal guidance on ensuring
business continuity, minimising risks and addressing new challenges created by
the Covid-19. During the webinar, several experts delivered informative
presentations and highlighted the need for businesses to understand the
commercial and legal implications of Covid-19 and act decisively to mitigate and
manage the risks associated with commercial transactions.
The speakers shared their insights on the growing use of electronic signatures,
the process of attesting documents, effective ways to manage company affairs
remotely, force majeure and its impact on businesses and commercial
relationships and considerations related to terminating contracts and managing
disputes.
Jehad Kazim, director of the Legal Services Department at Dubai Chamber, noted
that business landscape has changed drastically following the Covid-19 outbreak,
forcing companies to quickly adapt and take action to mitigate and minimise
risks. The webinar, she explained, provided an ideal opportunity for business
owners and managers to pose their questions directly to legal experts and
benefit from valuable knowledge that can help them safeguard their businesses
against existing and future risks.
"The global Covid-19 has created unprecedented challenges for businesses around
the world. In March, many businesses had to take quick and decisive action to
stem the immediate issues related to Covid-19. However, now is the time for
companies to review their policies, practices and procedures to ensure that they
can withstand the longer-term effects of Covid-19," said Paul Blakeway, senior
associate, Taylor Wessing (Dubai Branch).
Participants who joined the webinar left with a better understanding of how to
manage corporate affairs, execute contracts, handle disputes and protect
business interests, he added.
Dubai Chamber regularly organises webinars, training seminars and workshops to
raise awareness about key business trends and laws impacting the emirate's
private sector. These events fall in line with its strategic objectives of
creating a favourable business environment and supporting business growth in the
emirate.
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