The Fundamentals of ESOPs & LTIPs for UAE Listed Companies
Many of the UAE-listed companies are actively considering or implementing either a long-term incentive plan (“LTIP”) or an employee share ownership plan (“ESOP”) in a bid to keep and retain their most valuable assets, which...
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Kuwait Implications on the Dissolution of the DIFC Arbitration Institute
Pursuant to the Government of Dubai’s issuance of Decree No. 34 of 2021 (the “Decree”), the Dubai International Financial Centre (the “DIFC”) Arbitration Institute, which includes the DIFC-LCIA Arbitration Center, and the Emirates Maritime Arbitration...
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IPOs in the UAE: 2022 Update
Lately, there has been a lot of interest by local companies contemplating “going public”. What does this mean from a legal perspective and what are the processes and procedural requirements? In this article, we will...
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New CMA Rules on De-Merger of Companies
The Kuwait Capital Markets Authority (“CMA”) is an independent regulatory body established with the passing of Law No. 7 of 2010, and is tasked with overseeing and regulating companies that are either listed on the...
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Legal 500 Recognizes GLA & Co’s Founding Partners
We are pleased to announce that once again the Legal 500 (Legalease) EMEA 2022 has recognized GLA & Company’s founders, Nader Al Awadhi and Alex Saleh. With respect to Nader, who is the Senior Partner...
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GLA & Company launches UAE offices
After opening last year in the State of Kuwait, GLA & Company, a regional law firm based in the Middle East, announced today that it has officially launched its Dubai office making it the firm’s...
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Digital Banking Comes to Kuwait
In an effort to support Kuwait’s banking sector in keeping pace with the innovations of banking sectors worldwide, The Central Bank of Kuwait (“CBK”) recently developed a regulatory framework for the provision of digital banking...
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Kuwait National and Liberation day holidays
We extend our congratulations to the State of Kuwait on the occasion of National and Liberation day holidays which are celebrated on February 25 and 26 respectively. We wish our clients, colleagues and friends in Kuwait...
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Amendments may open real estate to expats
There may be a big change coming to the Kuwait real estate market. The issuance of Law No 74 of 1979 codified the restriction of the ownership of real estate to non-Kuwaitis with few exceptions...
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