CBK Restricts the Use of Structures Built on State-Owned Land as Collateral
Introduction On 9 August 2026, the Central Bank of Kuwait (“CBK“) issued Circular No. 2/105/ addressed to all local banks, investment companies, and finance companies (the “Circular”). The Circular directs that plots of land established...
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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...
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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...
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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...
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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...
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GLA & Co Acts as Kuwait Counsel to Brookfield on US$16 Billion KOC Project: The Largest FDI Ever in Kuwait
GLA & Company, the leading regional Arab Civil Law firm in the Middle East and the largest law firm in the State of Kuwait, is proud to announce its role as Kuwait counsel to Brookfield...
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GLA & Co Continues Collaboration with Chambers and Partners on 2026 Merger Control Practice Guides
GLA & Company is proud to once again join forces with Chambers and Partners as a contributing author to the 2026 Merger Control Global Practice Guides for the MENA region — a go-to resource for...
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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...
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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...
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