Egypt’s Cabinet Approves New Executive Regulations for Revised Competition Law
The Cabinet of Ministers in Egypt has granted approval for the Executive Regulations (“Amended Executive Regulations”) accompanying the newly revised Egyptian Competition Law (“Egyptian Competition Law”), marking a significant milestone in the legislative evolution of...
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The Kingdom of Saudi Arabia Accelerates AI Investment with $40 Billion Fund
In a bold move reflecting its role as “market maker” and leader in the development, and deployment, of artificial intelligence (“AI”), the Kingdom of Saudi Arabia (“Saudi Arabia“) plans to create a US$40 billion fund...
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Numerous GLA Lawyers & Offices Recognized by Legal500
GLA & Co is proud to announce its recognition by Legal 500 for its outstanding performance in the Commercial, Corporate, and M&A practice areas. The firm has been recognized with a top Tier ranking in...
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OVERVIEW ON THE NEW DECREES REGULATING AGENCIES IN UAE – SERIES 1
INTRODUCTION: The Minister of Economy in the United Arab Emirates (“UAE“) has issued a couple of decrees regulating agencies’ activities and framework in the UAE. These are Decree No. (214) of 2023 on Registration of...
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Understanding New principle released by Egyptian Court of Cassation/ Appeal No.169 of Judicial year 90
In the Egyptian legal system, evidence law principles form the basis of fair trials and justice. Central to this system is the rule of burden of proof, which delineates the responsibility of parties to prove...
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Taxation of Foreign Banks in Dubai: A Continuation of the Status Quo
The core of this update is the clarification provided by the Dubai government regarding the taxation of banking profits. This new decree does not introduce a new tax. On the contrary, the critical takeaway is...
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GLA & Company Heads to ABA’s 72nd Anti-Trust Spring Meeting in Washington D.C
Join us for an unparalleled opportunity as GLA & Company proudly announces its participation in the upcoming American Bar Association Anti-Trust Spring Meeting! This premier event gathers the best minds in competition, consumer protection, and...
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Combating Anti-Competitive Practices in Egypt’s Telecommunications Sector Egypt
In the realm of enforcing the provisions of the law and confronting monopolistic practices, the Egyptian Competition Authority (“ECA“) has taken action against a telecommunications company for abusing its dominant position by forcing customers to...
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Press Release: New Data Sovereignty Draft Public Policy
The Saudi Data and Artificial Intelligence Authority (“SDAIA”) has announced the release of its Data Sovereignty Public Policy Paper (the “Policy”), which outlines, inter alia, the regulator’s sentiments on data sovereignty principles. The Policy was...
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