Category: Legal Updates
New Horizon for Intellectual Property: Establishing the Egyptian Authority for Intellectual Property
In a significant move to promote and protect intellectual property rights, Law No. 163 of 2023 is enacted, establishing the Egyptian Authority for Intellectual Property (“EAIP”). A primary obligation of the EAIP involves the formulation...
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The Journey from Nascent to Solid stage, UAE SCA Issues a Decision No.22 of 2023 Regulating Securitization
The Securities and Commodities Authority (“SCA”) in the UAE has recently issued Resolution No.22 of 2023, enacted by the Chairman of the Board of Directors (the “Resolution”). The Resolution’s main aim is to regulate and...
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The Key Takeaways of Decision 139 of 2023 issued by FRA and the Potential Overlap with Data Protection Law
This article represents the end of the series of decisions issued by the Financial Regulatory Authority (“FRA”), being Decision No. 139 of 2023 (“Decision 139”). While Decision 139 was the first decision issued by the...
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Merger Control in UAE – Do I need to file?
Merger Control Legislation in United Arab Emirates (UAE) Four pieces of legislation should be read together to understand the framework of antitrust and merger control in the UAE. This legislation significantly interlinks to display the...
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Fintech Outsourcing Requirements
The decision No. 141 of 2023 issued by the Financial Regulatory Authority (“FRA”) (“Decision 141”) regulates the creation of the register whereby fintech outsourcing service providers shall be enrolled and penalties should any service provider...
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GLA & Company Authors Kuwait Merger Control Practice Guide for Chambers & Partners
GLA & Company is proud to continue its contribution in authoring the Kuwait Chapter of the Merger Control Global Practice Guide, published by Chambers & Partners. The development of the laws and regulations in Kuwait...
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Saudi Arabia’s PDPL’s Implementing Regulation & Data Transfer Regulation Drafts: Key Highlights for Corporate Entities
Introduction: The Saudi Data and Artificial Intelligence Authority (“SDAIA”) has recently released a draft for the implementing regulation of the Personal Data Protection Law (“Implementing Regulation” or “IR”) and the Regulation in relation to Personal...
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Egypt 2030 Vision and the FRA Decrees
It is argued that finance would only react to the expectation of growth, however, researchers have evidenced that the financial development plays a prominent role in the entire nation’s growth. Egypt is currently witnessing the...
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The Latest CBE Regulations on Digital Banking
In efforts to achieve Egypt vision 2030, the Central Bank of Egypt has recently issued new regulations which regularize and govern digital banks. Our team provide an overview on these regulations and would be delighted...
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