Category: Legal Updates
Decree Law No. 67 of 2026: The Corporatization of Kuwait’s Oil Sector
On 28 June 2026, Decree-Law No. 67 of 2026 was published in Kuwait Al-Yawm (Issue 1797), with effect from the date of publication, amending Decree-Law No. 6 of 1980 establishing Kuwait Petroleum Corporation (“KPC”). The...
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Online Food Delivery Platforms in the UAE: A Market Under Increasing Regulatory Scrutiny
The UAE’s online food delivery sector has grown at an exceptional pace—yet largely in the absence of sector-specific regulatory oversight. That era has now ended. Two landmark instruments issued in early 2026 collectively establish a...
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Competition Enforcement in the UAE: From Framework to Action
The UAE has progressively strengthened its competition and consumer protection enforcement apparatus. As the country continues to attract foreign investment and consolidate its position as a preeminent global commercial hub, regulators have intensified their focus...
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Kuwait Adopts the Updated Wafid Programme Regulations
Kuwait’s Ministry of Health has issued Ministerial Decision No. 139 of 2026, adopting the updated regulatory framework for the Wafid Programme. The Decision was issued on 7 May 2026 and gives effect in Kuwait to...
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No Disclosure, No License: Kuwait Raises the Stakes on Beneficial Ownership Compliance
Introduction On April 16, 2026, Kuwait’s Ministry of Commerce and Industry (MOCI) issued Ministerial Resolution No. 37 of 2026 (the “Resolution”), introducing significant amendments to the beneficial ownership disclosure framework originally established under Ministerial Resolution...
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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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Qatar Financial Centre issues Game-Changing Wholesale Advisory Firm (WAF) Rules
On 1 May 2026, new rules came into effect, marking profound changes to the financial services licensing regime in the Qatar Financial Centre (“QFC”). The INMA (Wholesale Advisory Firm) Amendment Rules 2026 (or “WAF Rules”)...
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The 2026 ICC Arbitration Rules: What You Need to Know
The International Chamber of Commerce (“ICC”) has approved a revised version of its Rules of Arbitration, which will enter into force on 1 June 2026 (the “2026 ICC Rules”), replacing the 2021 Rules of Arbitration...
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