Category: Legal Updates
Practical Legal Issues of Acquiring a Private School Business in Kuwait
Acquiring a private school business in Kuwait can be an intricate endeavor, fraught with challenges and practical considerations that extend beyond the legal framework outlined by laws and the regulators. While the laws and regulations...
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Kuwait Adopts New Decision to Incentivise Small Business Development
The Kuwait Ministry of Commerce and Industry (“MOCI”) has issued Decision No. 82 of 2023 (the “Decision”), which is intended to offer assistance and incentives to existing and newly established companies engaged in (i) activities...
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New UAE Legislation on the Regulation and Development of Industrial Sector
With great times comes great laws, this is the motto in GCC states throughout the past ten years and for the upcoming years in aims of achieving the 2030 vision. The newly issued United Arab...
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Kuwait Merger Control Foreign to Foreign Transactions
In the last few years, there has been a considerable amount of uncertainty in relation to how the Kuwait Competition Protection Agency (the “CPA”) would apply Kuwait Law No.72 of 2020 (the “Competition Law“), and...
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Termination of Commercial Agency in the United Arab Emirates
The United Arab Emirates (the “UAE”) issued Federal Law No. 3 of 2022 on regulating commercial agencies (the “Law”), which will come into force next month (i.e., 16 June 2023). This Law is assumed to...
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Corporate Governance of Non-banking Financial Companies in Egypt
In Egypt, the General Authority for Investment and Free Zones (“GAFI”) and the Financial Regulatory Authority (“FRA”) are taking significant steps to establish and improve Corporate Governance (“CG”) regulations to facilitate effective, entrepreneurial and prudent...
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Winds of change and the New Evidence Law in UAE
Introduction The main work of a legal system is deciding matters of past fact. Evidence is the path that each litigant walks through to make the existence of a fact more or less probable. Evidence...
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Statute of Limitations in Kuwait
Introduction Oliver Wendell Holmes, Jr., former Associate Justice of the Supreme Court of the United States, once asked, “What is the justification for depriving a man of his rights, a pure evil as far as...
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Amendments to the KSA Personal Data Protection Law
Introduction In the 21st century of humankind, where modernization and globalization have hit their all-time high and while the emergence of communication instruments has connected humans throughout the globe, personal, corporate, and governmental data are...
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