Category: General
Introduction of Pillar II under the Taxation of Multinational Entities in Kuwait
The Decree-Law No. 157 of 2024 introduces a significant update to Kuwait’s tax system, specifically targeting multinational enterprises (MNEs) to comply with international tax standards, particularly the OECD’s Pillar II framework. This law mandates a...
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Merger Control Developments in the MENA Region: Filings and Exceptions Webinar – 19 February 2025
GLA & Co is delighted to invite you to our exclusive webinar on “Merger Control Developments in the MENA Region: Filings and Exceptions.” Date: 19 February 2025 Time: 12 PM (Kuwait/KSA Time) In this one-hour...
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GLA & Co has been nominated for the 2025 Antitrust Writing Awards
We are thrilled to announce that the article authored by Asad Ahmad, Head of Antitrust and Competition at GLA & Co has been nominated for the prestigious 2025 Antitrust Writing Awards in the Business –...
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Recent Amendments to the Qatar Financial Centre Law No. 7 of 2005
The State of Qatar recently issued notable amendments to the Qatar Financial Centre Law no. (7) of 2005 (the “QFC Law”). The amendments, issued via Qatar Law No. 16 of 2024, serve to enhance the...
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LESSONS LEARNED: SAUDI DAWN RAIDS
INTRODUCTION: In a dynamic market such as that of the Kingdome of Saudi Arabia (“KSA”), it is envisioned that regulatory authorities will be very active in monitoring and dealing with potential and de facto practices...
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Client Alert: Significant Global Data Breach Incident – December 2024
GLA has recently been engaged by a number of global and regional companies (the “Affected Data Controllers”) who have been impacted by a significant data breach. The data breach incident, which the Affected Data Controllers...
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A New Era for Digital Trade in Kuwait: MOCI’s Draft Law Aims to Transform Kuwait’s E-Commerce Sector
On December 4, 2024, the Ministry of Commerce and Industry (“MOCI”) held a conference to discuss a proposed draft law on digital commerce. The law aims to organize the rapidly growing commercial sector by establishing...
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GLA & CO Advises Heidelberg Materials Suez Cement S.A.E on Historic EGP 6 Billion Capital Increase in Landmark Egyptian Market Deal
GLA & Co advised Heidelberg Materials Suez Cement S.A.E, part of a major multinational cement group, in its groundbreaking capital increase of up to EGP 6 billion. The capital increase required multiple governmental approvals, including...
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GLA & Co Shines at The Law’s Awards Ceremony with Two Major Wins
Cairo, Egypt – December 13, 2024 – GLA & Co proudly emerged as a standout winner at The Law’s Awards Ceremony, hosted on Friday night at the iconic Cairo Citadel. The firm celebrated two incredible...
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