Last Thursday, March 7, 2024, LBN IP and Digital Law Consultancy, represented by Dr.Leila Ben Nasr, had the privilege of participating in a pivotal event titled & A Dialogue: Trading by Modern Technological Means/Beyond Digital Trade.& Held at The Edition Hotel in Dubai and hosted by the Ministry of Economy in collaboration with Al Tamimi & Company and LexisNexis Middle East. The event provided profound insights into the implications of the UAE&s new e-commerce law on the digital trade landscape.
Led by esteemed speakers and experts from government, legal, and business spheres, the event delved into various aspects of the new law, covering topics such as consumer rights, data protection, licensing, payments regulation, SME challenges and opportunities, logistics, compliance, and more.
Among the distinguished speakers was H.E. the Minister of Economy, who delivered the opening speech, highlighting the objectives and importance of the new law in propelling the UAE‘s position on the global digital trade stage. The expert opinions provided a comprehensive analysis and clarification on the legal framework outlined in the new legislation.
Throughout the day of dialogue, various topics were discussed, including the evolution of digital commerce from e-commerce, understanding the legal framework, commerce versus technology, opportunities and challenges, as well as SME perspectives. The roundtables and discussions provided participants with invaluable information on key aspects such as licensing, compliance, logistics, consumer protection, and digital payment gateways.
Key sessions included « Understanding the Legal Framework, » where the participant gained invaluable insights from the experts. Their comprehensive explanation of the law’s key provisions, along with discussions on privacy, data protection, and dispute resolution mechanisms, provided clarity on navigating the legal landscape of digital trade. Additionally, the session on « Opportunities and Challenges » highlighted the importance of collaboration between stakeholders and the role of technology in facilitating seamless digital trade activities. Panelists emphasized the need for ongoing dialogue and adaptation to the evolving digital landscape to maximize the opportunities presented by the new law.
The event served as a networking and knowledge-sharing platform, allowing LBN to form meaningful connections with industry peers and legal experts. “We had the honor of participating in this in-depth dialogue on the UAE e-commerce law,” said Dr. Ben Nasr. “The discussions highlighted the importance of a robust legal framework to foster innovation and growth in the digital commerce landscape. We are excited about the opportunities presented by the new law and look forward to leveraging them to enhance our clients’ digital business initiatives.
As a dedicated IP and digital law consultancy, LBN remains committed to staying abreast of regulatory changes and providing our clients with the guidance they need to thrive in the digital economy. Our participation in events like « A Dialogue » underscores our dedication to thought leadership and industry collaboration.
For more insights on the implications of the UAE‘s new e-commerce law and how LBN can support your business in navigating these changes, please visit our website www.lbnjurist,com, or reach out to contact us.