Kuwait Archives - Page 15 of 33 - LexisNexis Middle East

Kuwait: Expatriates’ Residency Law Amended

13/09/202313/09/2023
by Tanya Jain

Arabian Business, 10 September 2023: Kuwait’s Interior Minister has issued a Ministerial Decision amending the Expatriates’ Residency Law.

Under the amendment, expatriates have to pay off all of the debts they owe to state departments before they are allowed to renew or transfer their residency visas.

The outstanding debts can be paid via the websites of the relevant state department or via the Sahel application. For residency to be issued, renewed, or transferred to another sponsor, an applicant must also pay the Health Ministry’s health insurance fee.

The Decision has been published in the Official Gazette and came into force on its published date (10 September).

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News developments

Kuwait: Capital Market Authority Signs Cooperation Agreement with Insurance Regulatory Unit

07/09/202307/09/2023
by Tanya Jain

Alanba, 4 September 2023: Kuwait’s Capital Market Authority has signed a cooperation agreement with the Insurance Regulatory Unit.

It was signed to boost control and coordinate cooperation in these areas in order to achieve harmony and integration in work mechanisms and procedures between state agencies and reduce procedural burdens on beneficiaries.

It was signed for the Capital Markets Authority by the Chairman of its Board of Commissioners and Executive Director, Dr. Ahmed Al-Mulhim. It was signed for the Insurance Regulatory Unit by its Head, Muhammad Al-Otaibi.

Read the full story here.

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News developments

Lexis Middle East Law Alert: July – August 2023 Edition

29/08/202329/08/2023
by Tanya Jain

Presenting the latest July-August edition of our complimentary law magazine, the Lexis Middle East – Law Alert! Keep yourself informed about the most recent legal, financial, and fiscal advancements, as well as trending subjects in the MENA region.

In this issue, we delve into the reasons behind the necessary amendments to Saudi Arabia’s Civil Transactions Law and its potential implications. We also cover recent legal and tax updates, regulations, and much more. Stay in the loop with our comprehensive insights.

Feature: A More Civil Approach

Explore the Saudi Civil Transactions Law with an in-depth analysis by Professor Najib Hage-Chahine from Hage-Chahine Law Firm. Gain an understanding of how this new law influences relationships between individuals and their property rights.

Feature: From Ship to Shore

Dive into the new Oman Maritime Law, as explained by Abdullah Hassan Khan and Shehreyar Khan of MAR Law. Discover the significant changes it brings to the legal framework governing the maritime sector and disputes.

Profile: An Effective Approach to Litigation

Meet Judge Ahmed Bakry Abdalla Hassan Elsayed, the Head of the Commercial Circuit in the Abu Dhabi Commercial Court. Gain insights into his approach to successful litigation and the role he plays in the legal landscape.

Dispute Resolution Focus

Shireen Fazal, Partner at Al Aidarous, explains the critical importance of selecting the right dispute resolution method, particularly in construction disputes.

Movers & Shakers

Check out our latest round-up of the top movers and shakers from the world of legal appointments and promotions, brought to you by Jameson Legal. Who is been promoted, who is been appointed, and who is moving on?

Dispute Resolution Focus: Cases and Updates

Hashem AlAidarous, Partner at Al Aidarous, qualified in three jurisdictions, explains
the differences between dispute resolution in the UAE, the US, and Australia.

Contract Watch: Job Sharing Contracts

Explore contracts with Yulia Kasiyanova, Associate Partner at SCHLÜTER GRAF Legal Consultants, and gain a deep understanding of this legal aspect.

Law Monitor

Delve into the Kuwaiti Law on Issuing Instructions for Electronic Payment of Funds, staying informed about the evolving legal landscape.

Thanks to Jameson Legal for supporting individuals and businesses, and Al Aidarous for keeping us updated on dispute resolution cases.

Lexis Middle East Law Alert_July August 2023

Explore the past editions of the Lexis® Middle East Law Alert and stay up-to-date with the latest news! Click the links below for instant access to older editions.

Lexis Middle East Law Alert January-February 2023

Lexis Middle East Law Alert March-April 2023

Lexis Middle East Law Alert_May June 2023

Tax and Finance Round-Up

Stay ahead with the UAE Corporate Income Tax Freezone clarifications, covering recent key tax and finance developments in the region.

Legal Round-Up

Get the latest insights into arbitration submission agreements in Saudi Arabia, covering recent key legal developments across the region.

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News developments

Kuwait: Health Insurance for Retirees Law Approved

23/08/202323/08/2023
by Tanya Jain

Kuwait Times, 21 August 2023: A Health Insurance for Retirees Law has been approved. A separate law on the formation of construction firms responsible for ensuring the economic development of residential areas has also been approved.

In addition, new electoral laws dealing with Parliamentary elections have been approved. Finally, amendments to constitutional court legislation have been approved.

The Cabinet also referred a draft law on proposed amendments to electoral constituencies to the Crown Prince to consider.

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News developments

Kuwait: Allowances for Microentrepreneurs and Freelancers Approved

16/08/202316/08/2023
by Tanya Jain

Kuwait Times, 14 August 2023: Kuwait’s Cabinet has approved allowances for microentrepreneurs and freelancers. They will be paid labour support allowances monthly.

The allowance is similar to the pay citizens in the private sector receive. The aim is to support young Kuwaitis and improve the local business environment.

The Cabinet has affected this change by an amendment to Kuwait Decision No. 391/2001.

The amendment states: “Owners of licenses for micro-entrepreneurs and activities of a special nature determined by the Minister of Commerce and Industry.”

In this situation, in addition to the conditions specified in Article 5 of Kuwait Decision No. 391/2001, the Commerce and Industry Ministry must submit periodic reports to the Public Authority for Manpower on the regularity of the beneficiaries of the provisions of this Decision in practicing the activities they are licensed for.

Additional reporting from Alqabas on 14 August 2023. For the full story, click here.

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Expired Kuwait Arbitration Day | In-Person Event | 19 September 2023

10/08/202317/09/2023
by Tanya Jain

We're sorry, but all tickets sales have ended because the event is expired.

Kuwait Arbitration Day | 19th September 2023 | Kuwait
19/09/2023
8:00 AM - 12:00 PM

Join us on September 19th for an enlightening exploration of cutting-edge arbitration topics, bridging regional and global perspectives.

News developments

Kuwait: MPs Propose Pricing Initiatives

09/08/202309/08/2023
by Tanya Jain

Alqabas, 7 August 2023: Five Kuwaiti MPs have submitted a proposal for a law which would return fuel prices to what they were before 2016, cancel the new tariffs on electricity and water, and cancel the exception granted to government agencies in Kuwait Law No. 79/1995 on fees and financial costs.

The purpose of the amended text is to protect the citizen from arbitrary or unfair increases in fees that the government may impose without taking into account objective justifications or the economic conditions of citizens.

For the full story, click here.

For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

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News developments

Lexis Middle East HR Alert – August 2023 Edition

09/08/202309/08/2023
by Tanya Jain

We are pleased to present the August 2023 edition of Lexis Middle East – HR Alert!

Explore our complimentary publication, the Lexis Middle East – HR Alert, which offers a comprehensive array of insights and updates to keep you well-informed about the latest happenings in the Labor and Employment landscape of the MENA region. We have meticulously brought together the latest HR updates and developments of the region to ensure you stay empowered at all times. The publication showcases significant cases and provides insightful information on HR policies and laws of the region.

Inside this edition, you will find special conversations with leading HR professionals, along with expert advice on upcoming trends in the industry. Stay current and enrich your understanding of HR by diving into the newest release of Lexis Middle East – HR Alert.

This edition presents a diverse range of features:

Feature: Coping with Contracts

Explore the changes to employment contract forms in the UAE and Saudi Arabia. Fadi Hassoun and Hadeel Mohamed of Galadari Advocates and Legal Consultants provide you with the essential knowledge to navigate these adjustments effectively.

Trend Setter – From Employee Well-Being to Healthy Organisations

Learn from a forward-thinking technology company, Atlas’s perspective on employee well-being and the importance of maintaining healthy organizations. Presented by Sushmita Acharjee, Senior Manager, HR Service Delivery & Benefits for Atlas in Africa & the Middle East.

News Round-up: Covering Recent Key Developments – Region-Wide

Stay abreast of recent developments, including updates on the Omani Social Protection Fund and other significant news items.

Immigration Focus: Recent GCC Immigration and Visa Changes

The dynamics team at Vialto Partners shares the latest immigration updates from the region, including changes in Emiratisation policies specifically affecting small companies.

Additionally, Umme Salma, Senior Manager at Vialto Partners explains why keeping connected and being prepared is so important in corporate immigration.

Law Changes: New and Proposed MENA Laws

Explore the ramifications of a recent Ministerial Decision that has brought about changes to Emiratisation fines, thus changing the legal landscape.

Case Focus:

Delve into a case study involving an employee who initially failed to claim all their entitlements, providing valuable lessons for HR professionals.

HR Profile – Hospitality

Meet Monique Dekker, a Senior Vice President of Human Resources at Hyatt, Europe, Africa, and the Middle East in the hospitality sector. Gain insights into managing resilience and growth in this dynamic industry.

Policy Pointers – Family Business Policies

Explore policies tailored for family businesses and their implications. Ayesha Karim, Advocate, shares key insights into the crucial aspect of HR management.

Enrich your understanding of the HR landscape and stay up-to-date with the latest trends, cases, and policies through the newest issue of Lexis Middle East – HR Alert.

For all the latest industry updates and developments, opt for a free HR Alert subscription!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East HR Alert – August 2023 Edition

Have you read the Lexis® Middle East HR Alert – previous 2023 editions? Click the links below to access and read these editions.

LexisNexis Middle East HR Alert_January 2023

LexisNexis-Middle-East-HR-Alert_March-2023

LexisNexis Middle East HR Alert_May 2023 Edition

News developments

Kuwait: Child Allowance Increase

02/08/202302/08/2023
by Tanya Jain

Kuwait Times, 31 July 2023: Kuwait’s National Assembly’s financial and economic affairs committee has approved a proposal to increase the social allowance for children from 50 to 100 Dinars per child per month.

The allowance will also apply to any number of children, as the current limit of seven children has been removed. The proposal must now be approved by the Assembly and then accepted by the government to become effective.

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News developments

Kuwait: Progress of Iqama Draft Law

26/07/202326/07/2023
by Tanya Jain

Kuwait Times, 22 July 2023: The Revised iqama draft law (which covers residence) is to be sent to the Cabinet.

The law which regulates the residence of foreigners in Kuwait is expected to be voted on by the parliament in the next session. The bill underwent a radical revision in the past weeks of most of its articles, with the aim of putting an end to iqama trading.

It is expected the law will be ready for adoption by the Cabinet during the current summer session, and be referred to the National Assembly before the start of the next session at the end of October, According to the new proposal, an expatriate would be granted a residence permit not exceeding five years. Investors would be given a residence permit of up to 15 years, depending on their activity. Fees would be imposed so that Kuwait can benefit from these investments.

Other proposals also include giving 10-year residence permits to children of Kuwaiti women. Residency permits would e given to a person who owned property in Kuwait, provided they were not absent from Kuwait for a period of more than six months, with the exception of children of Kuwaiti women. Domestic workers would only be allowed to travel outside Kuwait for four months.

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