Banking and finance

Saudi Arabia Introduces New Limits On Instant Work Visas Through The Qiwa Platform
Saudi Arabia Introduces New Limits On Instant Work Visas Through The Qiwa Platform

BACKGROUND The Qiwa platform, operated by the Ministry of Human Resources and Social Development (“MHRSD”) of Saudi Arabia, has introduced revised limits concerning the issuance of instant work visas (“Instant Work Visas”) for establishments operating within the Kingdom. The latest update provides greater clarity by introducing… Read more

Protecting Your Workforce and Business: Key Legal Insights for Kuwait
Protecting Your Workforce and Business...

OVERVIEW Recent regional developments have created operational challenges for businesses across the GCC, including in Kuwait. In practice, employers may be considering measures such as mandating annual leaves, implementing reduced working hours or part time arrangements, imposing unpaid leave, temporary or permanent salary reductions, temporary suspension… Read more

Kuwait’s New PAI Dispossession Rules: Why Classification Matters
Kuwait’s New PAI Dispossession Rules...

Not Every PAI Plot Is At Risk: Why Classification Matters The Minister of Commerce and Industry, in his capacity as Chairman of the Board of the Public Authority for Industry (“PAI”), has issued Ministerial Resolution No. 8 of 2026 concerning the rules and procedures for the… Read more

ADGM Introduces Significant Amendments to its Commercial Legislative Framework
ADGM Introduces Significant Amendments...

On 24 April 2026, the Abu Dhabi Global Market (“ADGM”) introduced a series of amendments to its commercial legislative framework, published by the ADGM Registration Authority, marking another important step in the continued evolution of ADGM as a leading international financial center. The amendments reflect ADGM’s… Read more

Kuwait Merger Control: CPA Issues New Notification Thresholds
Kuwait Merger Control: CPA Issues New ...

Board Resolution No. 32 of 2026 - Published in the Official Gazette on 5 April 2026 - In Force Immediately Authors: Abdulwahab Sadeq (Partner), Lama Abou Ali (Counsel), Adel Alasousi (Senior Associate) and Sara Awaly (Associate). aquatechcleaner.com. KEY TAKEAWAYS On 5 April 2026, the Kuwait Competition… Read more

Dubai’s Latest Legislative Wave: A Shift from Flexibility to Accountability
Dubai’s Latest Legislative Wave: A S...

Over the past few weeks, Dubai has introduced a series of laws that, when viewed together, signal something much broader than routine regulatory updates. This is not incremental reform. It reflects a structural shift in how regulation is conceived and enforced. The issuance of Dubai Law… Read more

Directors’ Duties During Periods of Geopolitical Uncertainty: A UAE and Kuwait Perspective
Directors’ Duties During Periods of ...

In times of regional uncertainty, businesses often reassess their operational and financial exposure. For boards of directors, however, the legal position remains clear: geopolitical developments do not alter the duties owed by directors under UAE and Kuwait law. Under UAE Federal Decree Law No. 32 of… Read more