Nothing Changes in New Year’s Day: The Egyptian Judiciary’s Upholding of the Estoppel Principle
INTRODUCTION: The principle of “equitable estoppel” is arguably well established and recognised in many jurisdictions. Alas, in the dynamic realm of arbitration, and in the Egyptian legal system, the Egyptian judiciary has long played a...
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Managing Partner Alex Saleh selected to ALB MENA Super 50
GLA & Company is happy to announce that its Managing Partner, Alex Saleh, has been selected by Asian Legal Business as one of the ALB MENA Super 50 2023. According to ALB, it highlights the...
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Data Privacy Protection Regulation, New Set of Regulations or Just Amendments?
Considering the new Kuwait vision 2035 and recognizing the surging demand to transform Kuwait into a financial and commercial hub that is attractive to international global investors, the Kuwait Communication and Information Technology Regulatory Authority...
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GLA & Co Moves Offices in Kuwait
While GLA & Company has experienced phenomenal growth throughout the MENA region with over 80 lawyers in KSA, UAE, Kuwait, Egypt and Lebanon directly and through its association with Habib Al Mulla and Partners, the...
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Overview of the New Civil Code in Saudi Arabia
With its specialized legislation and judicial reforms system, the New Civil Transactions Law (“NCTL” or “Law”) represents a tremendous transformation. The Council of Ministers’ weekly session on 25/11/1444H, corresponding to 13/06/2023G, approved the NCTL and...
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New DIFC Model Clauses of Data Export for Exporters in Non-Adequate Jurisdictions
The DIFC Standard Contractual Clauses (“SCC”) recently issued is intended to serve as the guideline and template that will teach parties entering into a contract, to use the correct wording and language protecting their respective...
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Ownership in Sinai Peninsula and its effect on M&A Transactions
On the 19th of January 2012 the Integrated Development in the Sinai Peninsula Law No. 14 of 2012, as amended (“Sinai Law”) was issued to regulate the ownership of lands and assets as well as...
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Digitalized Era and Electronic Transactions in the United Arab Emirates
The United Arab Emirates (the “UAE”) issued Federal Law No. 46 of 2021 which came into force on the 2nd of January 2022 (the “Law”). The Law aims to keep up with technological advancements to...
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The Central Bank of Kuwait Issues its New Instructions on the Electronic Payment of Funds
In May 2023, the Central Bank of Kuwait (“CBK”) has, by virtue of Decision No. 45/471 of 2023, amended the Instructions for Regulating the Electronic Payment of Funds (“New Regulatory Instructions“), which revokes the previous...
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