This is also an important reflection for parties established in the Gulf after the introduction of VAT in the United Arab Emirates and other Gulf countries. However, communication is not recognized in some legal systems (including the United Arab Emirates). Therefore, documents labelled “without prejudice”, such as.B. draft settlement agreements, may be submitted to the court or arbitration court and used subsequently in the absence of a settlement. Therefore, in the United Arab Emirates, it is customary to limit the documentation of transaction negotiations and to try to agree on a confidentiality agreement covering the exchange of information during transaction negotiations and to specify in each exchange that transaction offers are made without any guarantee. The parties generally expect a transaction to be applicable only when a formal written transaction agreement is on paper. But the most recent case in the United States. The Eastern District Court for the District of New York reminds us that comparisons can be obtained by email mail, even if certain terms of the transaction are excluded. For example, a settlement agreement may be applied without defining the scope of a downgrade or if the parties simply agree to “the usual and customary terms of a settlement agreement (including confidentiality and non-disparagement).” It should be ensured that the settlement amount referred to in the document reflects the amount agreed between the parties and the currency agreed between the parties. The settlement agreement should be executed by persons empowered to do so. This is particularly important in the Middle East, given that many jurisdictions, including the United Arab Emirates, require the signatory to be expressly empowered to execute transaction agreements or, at the very least, the agreement in question, in order to retain the company (e.g.