Category: Legal Updates
New Environmental Protection Measures and New Kuwait Vision
In an effort to comply with newly enacted global environmental protection measures, the Municipality of the State of Kuwait has recently issued Ministerial Decree No.354 of 2023 to enforce regulations of municipalities’ waste management and...
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Executive Regulations of Law No.1/2023 concerning prevention of Conflict of Interest
In an aim to framework conflict of interest disclosure in the state of Kuwait, the Executive Regulations (the “Regulations”) of Law No.1 for year 2023 (the “Conflict of Interest Law”) concerning the prevention of conflict...
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MOCI issued new resolution regarding registering a tradename in Kuwait
Recently, the Ministry of Commerce and Industry (“MOCI“) issued resolution No. 127 of 2023 setting forth the new regulations regarding registering a tradename in Kuwait (“Decree”). The Decree sets out several requirements and restrictions which...
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Saudi Arabia’s Newly Issued Personal Data Protection Law Executive Regulations
Today, the Saudi Data and Artificial Intelligence Authority (“SDAIA”) has issued the Executive Regulations of the Personal Data Protection Law (“Executive Regulations” or “ER”) issued and published in the Official Gazette on 22/02/1445H (Corresponding September...
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Merger Control regime
In the state of Qatar, Law No.19 of 2006 Concerning the Protection of Competition and the Prevention of Monopoly Practices (“Competition Law”) constitutes the governing law along with the Ministry Resolution No.61 of 2008 implementing...
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Highlights from the General Authority for Competition in 2022 Part 1
The General Authority for Competition (“GAC”) in the Kingdom of Saudi Arabia (“KSA”) has recently released its comprehensive annual report for the year 2022 (“GAC Report”). This eagerly anticipated report not only highlights the diligent...
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Saudi Arabia Joins the CISG: A New Era for International Trade
The United Nations Convention on Contracts for International Sale of Goods (CISG), also known as the Vienna Convention, is an international treaty that establishes a uniform set of rules governing contracts which provide a modern,...
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Transforming the Insurance Landscape: New Insurtech Rules in Saudi Arabia
The Kingdom of Saudi Arabia (“KSA”), known for its rapid digital transformation initiatives, has recently introduced groundbreaking regulations to foster the growth of the Insurtech Rules in the country. The new Insurtech Rules issued under...
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New resolutions issued by MOCI for all the Kuwait Shareholding Companies
On August 17, 2023, the Ministry of Commerce and Industry (“MOCI“) issued two significant resolutions pertaining to the deduction of 1% from the total annual revenues of the Kuwait Shareholding Companies (“KSCs“) for the Kuwait...
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