August 2nd, 2023
Legal Updates

GLA & Company Authors Kuwait Merger Control Practice Guide for Chambers & Partners

GLA & Company is proud to continue its contribution in authoring the Kuwait Chapter of the Merger Control Global Practice Guide, published by Chambers & Partners.  The development of the laws and regulations in Kuwait...

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August 1st, 2023
General

The Saudi Central Bank (SAMA) issues the Implementing Regulations for the Law of Payments and Payment Services

The Saudi Central Bank (SAMA) has recently announced the issuance of the Implementing Regulations for the Law of Payments and Payment Services, with the aim of enhancing the soundness and efficiency of Saudi Arabia’s payment...

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July 31st, 2023
Legal Updates

Saudi Arabia’s PDPL’s Implementing Regulation & Data Transfer Regulation Drafts: Key Highlights for Corporate Entities

Introduction: The Saudi Data and Artificial Intelligence Authority (“SDAIA”) has recently released a draft for the implementing regulation of the Personal Data Protection Law (“Implementing Regulation” or “IR”) and the Regulation in relation to Personal...

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July 25th, 2023
Legal Updates

Egypt 2030 Vision and the FRA Decrees

It is argued that finance would only react to the expectation of growth, however, researchers have evidenced that the financial development plays a prominent role in the entire nation’s growth. Egypt is currently witnessing the...

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July 23rd, 2023
Legal Updates

The Latest CBE Regulations on Digital Banking

In efforts to achieve Egypt vision 2030, the Central Bank of Egypt has recently issued new regulations which regularize and govern digital banks. Our team provide an overview on these regulations and would be delighted...

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July 19th, 2023
Legal Updates

Regulatory Regime for Real Estate: Fostering Growth and Development

In recent years the real estate sector in the Kingdom of Saudi Arabia (“KSA” or “Kingdom”) has undergone reorganisation and now falls under the ambit of the Real Estate General Authority (“REGA”), which was established...

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July 17th, 2023
Announcements

Once Again, GLA partners with Chambers for Merger Control Practice Guides in MENA Region for 2023

For the second year in a row, GLA & Co has partnered with Chambers and Partners to produce the 2023 Merger Control practice guides for the MENA region.  We are thrilled to share the exciting...

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July 17th, 2023
Legal Updates

An Overview of Saudi Arabia’s Bankruptcy Law: Procedures and Implications

Introduction In the Saudi legal system, distressed persons (individuals involved in business and corporations) currently have a number of liquidation procedures (including protective settlement procedures, financial restructuring procedures, and liquidation procedures) that they can resort...

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July 13th, 2023
Legal Updates

Digital Transformation in Egypt

Egypt is witnessing a new technological era with the issuance of a bundle of decrees by the Financial Regulatory Authority (“FRA”). In line with the technological advancement and digitalization of the government, the FRA decrees...

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