Category: Legal Updates
New KSA Merger Control Guidelines; Threshold Update
Introduction The Saudi General Authority for Competition (“GAC”) has issued Version 5 of its Economic Concentration Guidelines (February 2025), outlining notification requirements for both local and foreign transactions under GAC’s merger control regime (the “Guidelines“)....
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Risk Assessment Guideline for Transferring Personal Data Outside KSA: Key Updates
On February 2025 the Saudi Data & AI Authority (SDAIA) released the Risk Assessment Guidelines for Transferring Personal Data Outside Saudi Arabia. These guidelines provide a structured framework to assess the risks associated with transferring...
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Merger Control in Qatar: A Unique Approach in the MENA region
Overview Qatar’s competition law regime is unique in the region, especially with respect to merger control. Unlike Saudi Arabia, Kuwait, Egypt and others, the Qatar Competition Law (Law No. 19 of 2006) does not currently...
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Dubai Courts’ Reaffirmation of the “Without Prejudice” Principle: The Pledge Toward a Harmonious Settlement of Conflicts
In a recent development, Dubai courts have reiterated their unwavering and unqualified support of the ‘without prejudice’ principle, which serves as a central pillar in the arbitrational practice of safeguarding the strict confidentiality of all...
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The Enforcement of Foreign Judgments in Kuwait
Introduction Enforcing a foreign court judgment in Kuwait requires an understanding of comparative legal frameworks and adherence to certain procedures and requirements. This article explores the legal framework and challenges involved in the enforcement of...
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UAE Merger Control Reform: Navigating the New Legal Landscape for M&A Compliance
The United Arab Emirates (“UAE”) has significantly reformed its merger control regime under Federal Decree-Law No. 36 of 2023 (the “Competition Law“). Further details regarding thresholds for merger control notifications are outlined in Cabinet Resolution...
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Introduction of Pillar II under the Taxation of Multinational Entities in Kuwait
The Decree-Law No. 157 of 2024 introduces a significant update to Kuwait’s tax system, specifically targeting multinational enterprises (MNEs) to comply with international tax standards, particularly the OECD’s Pillar II framework. This law mandates a...
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Nader Al Awadhi Secures Landmark Constitutional Court Victory
Kuwait, February 5, 2025 – In a significant triumph for constitutional legitimacy, Senior Partner, Nader Al Awadhi has successfully led a challenge before the Constitutional Court, securing a ruling of the unconstitutionality of Paragraph (1)...
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Recent Amendments to the Qatar Financial Centre Law No. 7 of 2005
The State of Qatar recently issued notable amendments to the Qatar Financial Centre Law no. (7) of 2005 (the “QFC Law”). The amendments, issued via Qatar Law No. 16 of 2024, serve to enhance the...
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