Category: General

February 26th, 2024
Announcements

GLA & Co ranked in first year of eligibility by Chambers & Partners

GLA & Co proudly announces its inclusion in the renowned Chambers & Partners rankings in its very first year of eligibility for Corporate & Finance in Kuwait. This prestigious acknowledgment reflects the firm’s commitment to...

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February 26th, 2024
Legal Updates

NBF FinTech Startups Incorporation and Licensing – A More Specific Take By The FRA

Introduction and Effect: The Egyptian Financial Regulatory Authority (“FRA“) issued decree no. 268 of 2023 on the rules and procedures for the establishment and licensing of startup companies in financial technology to engage in non-banking...

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February 21st, 2024
Legal Updates

COMESA Competition Commission Proposes Sweeping Changes to Competition Regulations

The Common Market for Eastern and Southern Africa’s (“COMESA”) Competition Commission (“CCC”) is set to implement significant amendments to its competition regime with the release of the Draft COMESA Competition Regulations (“Draft Regulations”). The proposed...

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February 20th, 2024
Legal Updates

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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February 18th, 2024
Announcements

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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February 8th, 2024
Legal Updates

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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February 5th, 2024
Legal Updates

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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February 1st, 2024
General

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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January 28th, 2024
Announcements

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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