Understanding New principle released by Egyptian Court of Cassation/ Appeal No.169 of Judicial year 90
In the Egyptian legal system, evidence law principles form the basis of fair trials and justice. Central to this system is the rule of burden of proof, which delineates the responsibility of parties to prove...
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Taxation of Foreign Banks in Dubai: A Continuation of the Status Quo
The core of this update is the clarification provided by the Dubai government regarding the taxation of banking profits. This new decree does not introduce a new tax. On the contrary, the critical takeaway is...
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GLA & Company Heads to ABA’s 72nd Anti-Trust Spring Meeting in Washington D.C
Join us for an unparalleled opportunity as GLA & Company proudly announces its participation in the upcoming American Bar Association Anti-Trust Spring Meeting! This premier event gathers the best minds in competition, consumer protection, and...
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Combating Anti-Competitive Practices in Egypt’s Telecommunications Sector Egypt
In the realm of enforcing the provisions of the law and confronting monopolistic practices, the Egyptian Competition Authority (“ECA“) has taken action against a telecommunications company for abusing its dominant position by forcing customers to...
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Press Release: New Data Sovereignty Draft Public Policy
The Saudi Data and Artificial Intelligence Authority (“SDAIA”) has announced the release of its Data Sovereignty Public Policy Paper (the “Policy”), which outlines, inter alia, the regulator’s sentiments on data sovereignty principles. The Policy was...
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Navigating New Horizons: the Abu Dhabi Arbitration Centre’s new Arbitration Rules
The Abu Dhabi Commercial Conciliation and Arbitration Centre (“ADCCAC”) marks a significant transformation in Abu Dhabi’s arbitration landscape. Effective from February 1, 2024, the Arbitration Rules (“Arbitration Rules 2024”) sets the ground for a new...
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Exploring the EU’s AI Act and Potential Prospects for the GCC Region
Earlier this year, the EU unanimously endorsed the passage of the Artificial Intelligence Act (the “Act”). The Act’s initial proposal, put forth by The European Commission back in April 2021, laid out comprehensive standards and...
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Cabinet Decree No.77 of 2023 – New Investment Incentives in Egypt
The Prime Minister signed on the Ministerial Decree No.77/2023 (the “Decree”) that was issued on 28 December 2023, in relation to investment incentives in Egypt. In alignment with the current necessity for economic growth and...
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CONSEQUENCES! FIRST ECONOMIC CONCENTRATION FINE BY THE SAUDI GENERAL AUTHORITY FOR COMPETITION, SINCE OCTOBER 2020, FOR FAILURE TO NOTIFY AN ECONOMIC CONCENTRATION.
Only for the second time since the implementation of the Saudi Competition Law (Royal Decree No (M75) of 1440H) (the “Competition Law”), The Saudi General Authority for Competition (“GAC”) has fined two companies for their...
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