February 28th, 2024
General

NEWS ALERT! Kuwait’s Communication and Information Technology Regulatory Authority (“CITRA”) repeals its Data Classification Policy under Decision 34/2024, and issues a new set of Data Privacy Protection Regulations under Decision 26/2024

Breaking News: Kuwait’s Communication and Information Technology Regulatory Authority (“CITRA”) repeals its Data Classification Policy under Decision 34/2024, and issues a new set of Data Privacy Protection Regulations under Decision 26/2024 to repeal the previously...

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February 27th, 2024
Announcements

GLA & Co Senior Associate Asad Ahmad Wins Rising Star Award 2023 by The Law MEA!

We are thrilled to announce that our esteemed Senior Associate, Asad Ahmad, has been honoured with the Rising Star Award 2023 by The Law MEA. Asad’s exceptional dedication to the legal profession, coupled with his...

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February 26th, 2024
Announcements

GLA & Co ranked in first year of eligibility by Chambers & Partners

GLA & Co proudly announces its inclusion in the renowned Chambers & Partners rankings in its very first year of eligibility for Corporate & Finance in Kuwait. This prestigious acknowledgment reflects the firm’s commitment to...

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February 26th, 2024
Legal Updates

NBF FinTech Startups Incorporation and Licensing – A More Specific Take By The FRA

Introduction and Effect: The Egyptian Financial Regulatory Authority (“FRA“) issued decree no. 268 of 2023 on the rules and procedures for the establishment and licensing of startup companies in financial technology to engage in non-banking...

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February 21st, 2024
Legal Updates

COMESA Competition Commission Proposes Sweeping Changes to Competition Regulations

The Common Market for Eastern and Southern Africa’s (“COMESA”) Competition Commission (“CCC”) is set to implement significant amendments to its competition regime with the release of the Draft COMESA Competition Regulations (“Draft Regulations”). The proposed...

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February 20th, 2024
Legal Updates

UAE Implements Comprehensive Consumer Protection Regulation to Safeguard Consumer Rights

Introduction In a significant move towards strengthening consumer rights and promoting fair trade practices, the United Arab Emirates (“UAE”) has introduced a new consumer protection regulation; Executive Regulations No. 66 of 2023 (the “Regulation”). The...

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February 18th, 2024
Announcements

Alex Saleh Sole Lawyer in Kuwait Ranked as Band 1 Corporate Finance by Chambers & Partners in 2024

We are delighted to announce that our Managing Partner, Alex Saleh, has achieved an extraordinary feat by being the sole lawyer in Kuwait ranked as Band 1 in Corporate Finance by Chambers & Partners for...

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February 18th, 2024
Deals & Cases

GLA & Co Acts as Local Counsel to Italian Company, Mapei S.p.A., on Acquisition of Saudi-based Bitumat

GLA & Company acted as local Kuwait counsel in advising Italian Mapei S.p.A. on its acquisition of 100% of the shareholding in Saudi-based Bituminous Products Limited Company (“Bitumat”) on various matters including the restructuring of...

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February 15th, 2024
Announcements

THE INSURANCE SECTOR: THE APPLICATION OF ANTI-MONEY LAUNDERING MEASURES

The Decision issued on 6 November 2023 (the “Decision”) is embedded as part of the scheme to provide protection measures against anti-money laundering and the financing of terrorism in the state of Kuwait, specifically in...

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