Category: Legal Updates
GLA & Co Anti-Trust & Competition Newsletter
Welcome to our Middle East Antitrust and Competition Newsletter. Please click here Competition & Anti-Trust Newsletter to view our interactive newsletter or feel free to read it below. At GLA & Co, we understand the complexities...
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Close-out Netting and related Collateral Arrangements Regulation
Introduction The Saudi Central Bank (SAMA) has recently introduced the “Close-out Netting and Related Collateral Arrangements Regulation” to enhance financial stability and provide legal certainty in financial transactions. The regulation ensures that netting agreements and...
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New Ultimate Beneficial Ownership Rules in Saudi Arabia: A Step Toward Greater Corporate Transparency
Saudi Arabia has taken a significant step toward enhancing corporate transparency and aligning with international standards by issuing the Minister of Commerce Decision No. 235 of 1446 (“UBO Rules”). This decision introduces new requirements for disclosing...
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Expanding Beyond the Free Zone: A Legal Insight into Executive Council of Dubai Resolution No. 11 of 2025
The Executive Council of Dubai (the “Council”) issued Resolution no. 11 of 2025 (the “Resolution”), introducing a legal framework that permits Free Zone licensed entities to carry out business activities outside their respective Free Zones within...
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Key Takes from the new Egyptian Labour Law
After years of anticipation, the Egyptian Parliament’s House of Representatives has officially passed a new Labour Law (“New Labour Law”), marking a significant overhaul of the country’s labour regulations. The long-anticipated legislation introduces key reforms...
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GLA & Co is proud to sponsor the ALM General Counsel Conference Middle East 2025
As part of our participation, our Managing Partner, Alex Saleh, will be moderating a session titled “The General Counsel’s Evolution: Navigating Change in a Dynamic Corporate Landscape.” This interactive session will explore how technological innovation,...
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Kuwait’s Enforcement Reform: Arrest and Detention for Evasive Debtors
The State of Kuwait issued its major legislative reform to Law No. 38 of 1980 promulgating the Civil and Commercial Procedures Law (the “Procedural Law”) under Decree-Law No. 59 of 2025 (the “Decree Law“), introducing...
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Green Bonds and Sustainable Financing: The UAE’s Vision for a Greener Future
Introduction Green and sustainability-linked bonds are financial instruments designed to support environmentally friendly and sustainable projects. These bonds have gained significant traction in recent years, particularly in the United Arab Emirates (UAE), which has emerged...
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New KSA Merger Control Guidelines; Threshold Update
Introduction The Saudi General Authority for Competition (“GAC”) has issued Version 5 of its Economic Concentration Guidelines (February 2025), outlining notification requirements for both local and foreign transactions under GAC’s merger control regime (the “Guidelines“)....
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