The All-New UAE Finance Leasing Law: A Revamp of an Already Fresh Idea
On 25 September 2023, the President of the United Arab Emirates (“UAE”) issued Law no. 32 of 2023 on Finance Lease (the “New Law”), coming into effect on March 2024, repealing Finance Lease Law no....
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Issuance of Executive Regulations for Law No. 118 of 2023: Establishing Companies for Residential Development and Economic Growth
Minister Falih Al-Raqibah has announced the release of executive regulations for Law No. 118 of 2023, published on August 27, 2023, focusing on the establishment of companies for city and residential development. The regulations, outlined...
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Celebrating World Competition Day: Prioritizing Socially Sensitive Sectors
On December 5th, we celebrate World Competition Day, marking the adoption of the UN Set on Competition Policy by the UN General Assembly. It is a day when global attention is directed towards fostering healthy...
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UAE Labor Law Update – End of Service New Scheme
The UAE Cabinet has recently issued Decree No. 96 of 2023, introducing a new framework to regulate the alternative End of Service (EoS) payment scheme. This decree applies to both employees and employers in the...
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Another Step Towards Attracting Foreign Investments in the Kingdom of Saudi Arabia: the Council of Ministers has approved the accession of the Kingdom of Saudi Arabia to Madrid Protocol for International Trademark Registration
On November 28, 2023, the Council of Ministers of the Kingdom of Saudi Arabia approved the Kingdom’s accession to the Madrid Protocol for international trademark registration. This step aims at simplifying and enhancing the process...
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GAC Releases Version 4 of Merger Review Guidelines
In a significant move to ensure the intended implementation of Royal Decree No(M75) of 1440H (the “Competition Law”) and Resolution No 337 of 25/1/1441H (“Executive Regulations”), the Kingdom of Saudi Arabia’s (“KSA”) General Authority for...
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GLA & Co Congratulates the Kingdom of Saudi Arabia on Winning the Bid to Host World Expo 2030
GLA & Co extends its heartfelt congratulations to the Kingdom of Saudi Arabia on its momentous achievement of winning the bid to host the World Expo 2030. This historic victory, announced by HRH the Crown...
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GLA & Co is Hiring for its KSA and Kuwait Offices
GLA & Co stands tall as a premier regional law firm in the GCC and greater MENA region, solidifying its position with direct offices in five key jurisdictions. Our firm’s pillars revolve around multifaceted practice...
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GLA & Co Assists Columna Capital Group in Zumex Acquisition
GLA & Co. is proud to announce its integral role as local GCC counsel in advising Columna Capital Group on the acquisition of a substantial 72.5% stake in the global portfolio of Zumex Group by...
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