Category: Legal Updates
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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Regulatory Regime for Real Estate: Fostering Growth and Development
In recent years the real estate sector in the Kingdom of Saudi Arabia (“KSA” or “Kingdom”) has undergone reorganisation and now falls under the ambit of the Real Estate General Authority (“REGA”), which was established...
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An Overview of Saudi Arabia’s Bankruptcy Law: Procedures and Implications
Introduction In the Saudi legal system, distressed persons (individuals involved in business and corporations) currently have a number of liquidation procedures (including protective settlement procedures, financial restructuring procedures, and liquidation procedures) that they can resort...
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Digital Transformation in Egypt
Egypt is witnessing a new technological era with the issuance of a bundle of decrees by the Financial Regulatory Authority (“FRA”). In line with the technological advancement and digitalization of the government, the FRA decrees...
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Nothing Changes in New Year’s Day: The Egyptian Judiciary’s Upholding of the Estoppel Principle
INTRODUCTION: The principle of “equitable estoppel” is arguably well established and recognised in many jurisdictions. Alas, in the dynamic realm of arbitration, and in the Egyptian legal system, the Egyptian judiciary has long played a...
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Data Privacy Protection Regulation, New Set of Regulations or Just Amendments?
Considering the new Kuwait vision 2035 and recognizing the surging demand to transform Kuwait into a financial and commercial hub that is attractive to international global investors, the Kuwait Communication and Information Technology Regulatory Authority...
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