Category: Legal Updates
The Enforcement of Foreign Judgments in Kuwait
Introduction Enforcing a foreign court judgment in Kuwait requires an understanding of comparative legal frameworks and adherence to certain procedures and requirements. This article explores the legal framework and challenges involved in the enforcement of...
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UAE Merger Control Reform: Navigating the New Legal Landscape for M&A Compliance
The United Arab Emirates (“UAE”) has significantly reformed its merger control regime under Federal Decree-Law No. 36 of 2023 (the “Competition Law“). Further details regarding thresholds for merger control notifications are outlined in Cabinet Resolution...
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Introduction of Pillar II under the Taxation of Multinational Entities in Kuwait
The Decree-Law No. 157 of 2024 introduces a significant update to Kuwait’s tax system, specifically targeting multinational enterprises (MNEs) to comply with international tax standards, particularly the OECD’s Pillar II framework. This law mandates a...
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Nader Al Awadhi Secures Landmark Constitutional Court Victory
Kuwait, February 5, 2025 – In a significant triumph for constitutional legitimacy, Senior Partner, Nader Al Awadhi has successfully led a challenge before the Constitutional Court, securing a ruling of the unconstitutionality of Paragraph (1)...
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Recent Amendments to the Qatar Financial Centre Law No. 7 of 2005
The State of Qatar recently issued notable amendments to the Qatar Financial Centre Law no. (7) of 2005 (the “QFC Law”). The amendments, issued via Qatar Law No. 16 of 2024, serve to enhance the...
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Kuwait blocks debt declarations for foreign beneficiaries
CLIENT ALERT! The Ministry of Justice in Kuwait has issued Administrative Circulation No. 4 of 2025 which requires all notaries in the Real Estate Registration and Authentication Department to stop accepting any debt or guarantee...
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LESSONS LEARNED: SAUDI DAWN RAIDS
INTRODUCTION: In a dynamic market such as that of the Kingdome of Saudi Arabia (“KSA”), it is envisioned that regulatory authorities will be very active in monitoring and dealing with potential and de facto practices...
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UAE to Implement 15% Corporate Tax on Large Multinational Companies
The United Arab Emirates (UAE), known for its conducive business climate, is set to introduce a 15% corporate tax on large multinational companies (MNCs). This initiative reflects the UAE’s commitment to adhering to international economic...
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Client Alert: Significant Global Data Breach Incident – December 2024
GLA has recently been engaged by a number of global and regional companies (the “Affected Data Controllers”) who have been impacted by a significant data breach. The data breach incident, which the Affected Data Controllers...
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