Implementation of Ultimate Beneficial Ownership Disclosure Requirement
The Kuwait Ministry of Commerce and Industry (“MOCI”) has informally confirmed to GLA & Co that it is set to begin enforcement of Resolution No. 4 of 2023 as amended (“Resolution”) governing disclosure of ultimate...
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GLA & Co has been shortlisted as finalists in six categories for Legal ERA – Middle East Awards 2023
As a part of our firm’s dedication on delivering unparalleled legal services, We are thrilled to announce our esteemed recognition as finalists in multiple categories at the Legal ERA – Middle East Awards. These nominations...
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GLA advises Silver Lake on GCC aspects in acquisition of €2.2 billion majority stake in Software AG
GLA & Co is pleased to announce that it acted as GCC counsel to Silver Lake in its successful completion of a voluntary public tender offer of Germany’s Software AG. Specifically, GLA & Co, working...
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GLA & Co Awarded Rising Law Firm of Year at ALB Middle East Awards 2023
We are thrilled to share that GLA & Co has been recognized tonight as the ‘Rising Firm of the Year’ at the prestigious Thompson Reuters ALB Middle East Awards Ceremony Night hosted in Dubai. This award acknowledges...
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Risk Management and Internal Control Standards for Insurance Companies in the UAE
The Central Bank of the UAE has recently enacted regulations on Risk Management and Internal Control Standards which are applicable on insurance companies, including foreign insurers licensed in the UAE. Our team sheds light on...
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Highlights from the General Authority for Competition in 2022 Part 2
The General Authority for Competition (“GAC”) in Saudi Arabia (“KSA”) has been making significant strides in promoting fair competition and economic growth in the country. In its recently released annual report (“GAC Report”), GAC underscored...
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The Last Piece: Reading into The Executive Regulations of the new UAE Tax Procedures Law
Introduction As the overhauling of the UAE tax regime comes to a conclusion, the United Arab of Emirates (“UAE”) Cabinet (the “Cabinet”) issued its decision no. 74 of 2023 on the Executive Regulation of Federal...
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The Egyptian Competition Authority Brings Criminal Claims Against 14 Violators for Fixing Prices
The Egyptian Competition Authority (“ECA”) is currently investigating and examining the possible violations of its rules and regulations specifically in the market sectors of Aluminum, steel, manufacturing of utensils and other products. With the start...
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General Authority for Competition (GAC) and Competition Protection Agency (CPA) Cooperation
The Saudi Council of Ministers has announced, during its session held on September 19, 2023, the authorization of the Chairman of the Board of Directors of the General Authority for Competition – or his representative...
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