Category: General
CMA Issues Decision No. (85) of 2026: Modernising Kuwait’s Capital Markets and Restructuring the Trading Commission Framework
As part of its ongoing efforts to modernize Kuwait’s capital markets and align its regulatory framework with international best practices, the Capital Markets Authority (“CMA”) has issued decision no (85) of 2026, introducing a series...
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Kuwait’s Capital Markets Authority Introduces Comprehensive ETF Regulatory Framework
In line with the Capital Markets Authority’s (the “CMA”) ongoing efforts to develop and modernise the regulatory framework governing securities activities, and in pursuit of alignment with international standards in capital markets best practices, the...
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UAE Merger Control Goes Live: What Dealmakers Need to Know About the New Executive Regulations
What Federal Decree-Law No. 36 of 2023 and Cabinet Decision No. 59 of 2026 mean for transactions with a UAE nexus. Introduction After nearly three years of uncertainty, the UAE’s merger control regime is now...
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Saudi GAC Fines 13 Firms for Price-Fixing: Key Legal Takeaways and Next Steps
NEWS ALERT! What Happened: On 29 December 2025, the Saudi General Authority for Competition (GAC) announced fines totalling SAR 36,918,885 against 13 establishments for prohibited price-fixing agreements. Why It Matters: The enforcement actions span multiple...
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Customer Data Protection in the UAE Banking Sector: A Practical Guide to the CBUAE Framework
Introduction The UAE banking sector follows a sectoral, layered approach to data protection rather than a single omnibus statute. Licensed Financial Institutions (LFIs) fall under the supervisory remit of the Central Bank of the UAE...
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DIFC and JAFZA Partner to Create a Dual Zone Gateway for Global Business
Dubai continues to consolidate its status as one of the world’s most dynamic and interconnected business hubs. A recent Memorandum of Understanding between the Dubai International Financial Centre (DIFC) and the Jebel Ali Free Zone...
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A First Look at Egypt’s Personal Data Protection Executive Regulations
In November 2025, the long-awaited Executive Regulations to Egypt’s Personal Data Protection Law No. 151 of 2020 (the “PDPL”) were issued by Minister of Communications and Information Technology Decision No. 81 of 2025 (the “Regulations”)....
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Remedies and Risk Allocation under Kuwait Civil Law: A Guide for English Law Practitioners
Kuwait’s Civil Code sets out a comprehensive, codified regime for contractual remedies and risk allocation that differs in several material respects from English common law. For cross-border transactions, these differences drive outcomes on damages, specific...
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GLA & Co Advises Aayan Leasing & Investment on KD 40 Million Credit Facility
GLA & Company is pleased to announce its role in advising Aayan Leasing & Investment Co. (K.S.C.P.) on a significant credit facility agreement valued at KD 40 million with a leading local bank in Kuwait....
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