Category: General
UAE Implements Comprehensive Consumer Protection Regulation to Safeguard Consumer Rights
Introduction In a significant move towards strengthening consumer rights and promoting fair trade practices, the United Arab Emirates (“UAE”) has introduced a new consumer protection regulation; Executive Regulations No. 66 of 2023 (the “Regulation”). The...
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Alex Saleh Sole Lawyer in Kuwait Ranked as Band 1 Corporate Finance by Chambers & Partners in 2024
We are delighted to announce that our Managing Partner, Alex Saleh, has achieved an extraordinary feat by being the sole lawyer in Kuwait ranked as Band 1 in Corporate Finance by Chambers & Partners for...
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SECURITIES AND COMMODITIES AMENDMENT: ZOOM-IN ON ANTI-MONEY LAUNDERING MEASURES
The Securities & Commodities Authority recently issued an amendment to its regulatory Rule Book of Financial Activities and the Status Rectification Mechanisms (the “SCA Rulebook”) on 28 December 2023. The regulatory body diligently oversees the...
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COMESA SLAMS BEIN MEDIA GROUP FOR RESTRICITIVE BUSINESS PRACTICES IN THE MARKET
On the 25th of January 2024, the Common Market for Eastern and Southern Africa (“COMESA”) issued a press release on restrictive business practices in the field of football matches streaming. beIN Media Group LLC (“beIN”),...
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GLA & Co proudly welcomes you to our new office in Dubai!
We are delighted to share a significant milestone in our journey – the inauguration of our brand-new office in the dynamic city of Dubai! Our office has now moved to a more expansive location in...
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Save the date! FDI Liberalization in KSA and Kuwait: Major Trends & Developments Webinar
With major changes in the laws and procedures in both the Kingdom of Saudi Arabia and the State of Kuwait, it has become significantly easier for foreign entities to do business without the need for...
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GLA & Co Receives IFN 2023 Cross Border Deal of the Year
We are pleased to announce that the prestigious Islamic Finance News has awarded our Gissah Perfumes Company transaction the 2023 IFN Cross Border Deal of the Year. GLA & Company acted as sole legal counsel...
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GLA & CO MERGER CONTROL WEBINAR WITH SAUDI & KUWAIT REGULATORS DRAWS OVER 300 REGISTRATIONS
GLA & Company successfully kicked off its 2024 webinar series with an insightful discussion on “Merger Control in the GCC – Practical Considerations.” This one-hour virtual event marked the beginning of a dynamic year for...
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Finance Companies Regulation in the UAE
Introduction The Central Bank of the United Arab Emirates (“CBUAE”) has issued a new regulation to govern finance companies and restricted license finance companies by virtue of Circular No. 3 of 2023 (“Regulation”). The Regulation...
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