Category: Legal Updates
Kuwait Updates its UBO Rules: What Ministerial Decision No. 156 of 2026 Means for Companies and Investors
On 30 July 2026, Kuwait’s Ministry of Commerce and Industry (“MOCI”) issued Ministerial Decision No. 156 of 2026, amending Ministerial Decision No. 4 of 2023 on procedures for identifying the Ultimate Beneficial Owner (“UBO”). The...
Read More
Decree-Law No. 78 of 2026 on Combating Commercial Concealment
On 2 August 2026, the State of Kuwait promulgated Decree-Law No. 78 of 2026 Concerning Combating Commercial Concealment (the “Law”). The Law represents the first standalone legislative instrument in Kuwait to criminalize commercial concealment commonly...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More