Kuwait Archives - Page 3 of 33 - LexisNexis Middle East

Lexis Middle East Gulf Tax – Autumn 2025 Edition

05/08/202505/08/2025
by Hannah Gutang

Brought to You by Tolley+ Middle East

The Autumn 2025 edition of Lexis Middle East Gulf Tax delivers a focused and timely overview of the latest tax developments across the GCC. Packed with expert commentary, legislative updates, and actionable advice, this edition is an essential resource for tax professionals working through the region’s increasingly intricate fiscal environment.

FEATURE: CRS AND FATCA: THE FINER POINTS

Dhana Pillai of DP Taxation Consultancy examines the key takeaways from recent penalties imposed by UAE authorities, shedding light on crucial compliance insights related to CRS and FATCA regulations.

FEATURE: NOW THAT’S VAT

Chadi Abou-Chakra, PwC Middle East’s Indirect Tax Leader and ME TLS Chief Operating Officer, provides insights into the implications of the recent changes to Saudi Arabia’s VAT Implementing Regulations.

TAX NEWS ROUND-UP

A focused overview of key tax treaty revisions and regulatory changes in the Gulf, offering valuable insights for navigating compliance and cross-border impact.

PRACTICAL FOCUS: FOCUS ON PARTNERSHIP

Authored by Aunali Merchant, Sanjay Shukla, and Palak Khetawat of MMJS Consulting, this article examines the impact of UAE corporate tax reforms on partnership structures and their compliance obligations.

TAX PROFESSIONAL PROFILE: ADDING VALUE

Manish Arora, Tax Director at Adidas, emphasises that delivering value as an in-house tax professional requires more than just staying informed about the latest tax developments.

ANY QUESTIONS? WHAT DOES FORMAL ADOPTION OF OECD GUIDANCE MEAN?

Bhumit Gangar of Deloitte breaks down the practical implications of the UAE’s official implementation of the OECD’s Pillar 2 Guidance.

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Lexis Middle East Gulf Tax_Autumn 2025

Have you read the Lexis® Middle East Gulf Tax – Past editions? Click the links below to access them.

Lexis Middle East Gulf Tax | Summer 2025

Lexis Middle East Gulf Tax | Spring 2025

Lexis Middle East Gulf Tax | Autumn 2024

Lexis Middle East Gulf Tax | Summer 2024

Publications

Lexis Middle East Law Alert: July-August 2025 Edition

04/08/202504/08/2025
by Hannah Gutang

The July-August 2025 edition of Lexis Middle East Law Alert provides legal professionals across the GCC with essential updates and expert analysis on recent legislative and regulatory developments. This issue explores Saudi Arabia’s new Procedural Guide on Off-Plan Real Estate Sales, designed to strengthen existing frameworks, as well as changes to Abu Dhabi’s property market regulations and Kuwait’s implementation of GCC voluntary work requirements. It also features updates on UAE tax compliance through revised map guidance, and examines Oman’s evolving public health legislation under a new decree. Additional coverage includes the introduction of Close-out Netting and Collateral Arrangement regulations by the Saudi Central Bank—marking a significant step in the Kingdom’s financial sector. The issue further explores how legal teams are adapting to digital transformation and concludes with a roundup of major leadership changes across the region.

This edition offers a comprehensive yet concise look at the shifting legal and regulatory landscape in the Middle East.

FEATURE: OFF PLAN SELLING EXPLAINED

Jaafer Alsir Ali of Al Ghazzawi & Partners sheds light on how Saudi Arabia’s new Procedural Guide on Selling and Leasing Off-Plan Real Estate Projects is set to reinforce and complement the country’s existing legal framework in this dynamic sector.

FEATURE: HEALTH MATTERS

Ahmed Al Barwani of Al Tamimi & Company explores Oman’s public health strategy under the newly enacted Sultani Decree No. 43/2025.

IN-HOUSE PROFILE: HANDLING DIGITAL DEVELOPMENTS

Gopa Talukdar, Head of Legal for the Middle East at Reckitt, shares her approach to navigating change in a dynamic business environment.

IN-HOUSE PROFILE: PRACTITIONER PERSPECTIVE

Ksenia Andreeva of Morgan, Lewis & Bockius LLP discusses Saudi Arabia’s proposals to shape the future of Global AI Hubs.

MOVERS AND SHAKERS

From partner promotions to leadership transitions—this roundup spotlights the influential career moves reshaping the legal landscape across the region.

CONTRACT WATCH: CLOSE-OUT NETTING IN SAUDI ARABIA

Mohammed Negm, Litigation Lawyer at Al Tamimi & Company, explains Saudi Arabia’s first Regulation on Close-out Netting issued by SAMA in February 2025, which ensures the enforceability of certain financial contracts and collateral arrangements outside bankruptcy proceedings.

TAX AND FINANCE ROUND-UP

Stay ahead of the curve with the newest tax and finance updates in the region—featuring the UAE’s latest MAP guidance for taxpayers.

Lexis Middle East Law Alert_July-August 2025

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_May-June 2025

Lexis Middle East Law Alert_March-April 2025

Lexis Middle East Law Alert_January-February 2025

Lexis Middle East Law Alert_October-November 2024

LEGAL ROUND-UP

Keep informed with our latest legal round-up, featuring key changes to Abu Dhabi’s property market regulations.

LAW MONITOR

Explore recent legal developments across the GCC, with a spotlight on Kuwait’s implementation of the GCC voluntary work requirements.

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News developments

Lexis Middle East HR Alert – July 2025 Edition

04/08/202504/08/2025
by Hannah Gutang

In this edition of the Lexis Middle East HR Alert, we explore the most pressing legal, regulatory, and HR developments shaping the employment landscape across the region, with a particular focus on the ongoing impact of nationalisation policies. These legislative initiatives remain a central concern for HR professionals, regardless of their industry or jurisdiction. Alongside the need to understand the evolving legal requirements, organisations must also adopt a practical and culturally sensitive approach to implementation. In our featured interview, the Head of HR Operations at Al Tamimi & Company shares how their organisation is proactively and innovatively adapting to these changes. However, not all responses have been as constructive—some employers are attempting to circumvent the rules through misreporting or fraudulent hiring practices. With the introduction of stricter enforcement mechanisms and the implementation of Cabinet Decision No. 43/2025, the UAE authorities are shifting from discretionary to structured penalties, significantly increasing the scope of punishable offences and the severity of fines. The Ministry of Human Resources and Emiratisation’s Enforcement Report 2024 underscores the government’s readiness to prosecute offenders, further raising the stakes for non-compliance. This edition offers practical insights and guidance to help organisations assess their compliance status and, where necessary, take swift and innovative action to align with nationalisation goals in a responsible and sustainable manner.

Empower your HR strategy with cutting-edge analysis from Lexis Middle East HR Alert, delivering the latest updates shaping workplaces in the Middle East.

Happy reading!

This edition features a diverse range of content, including:

FEATURE: GETTING TOUCH

Raka Roy and Yusur Dalloul of Galadari Advocates and Legal Consultants delve into the UAE’s stricter enforcement measures against individuals and companies that falsify records to bypass Emiratisation rules or improperly benefit from related incentives.

TREND SETTER: AUTOMATED WORKFORCE MONITORING

Diana Froyland, Senior Counsel at Hadef & Partners, examines the implications of automated employee monitoring in the UAE and the data privacy concerns it raises for employers and HR teams.

NEWS ROUND-UP: COVERING RECENT KEY DEVELOPMENTS – REGION-WIDE

This section presents a curated summary of major legal and HR updates from across the region, including the latest on Oman’s immigration grace period.

IMMIGRATION FOCUS: SAUDI VISIT VISA CHANGES

Experts from Vialto Partners explain the recent revisions to Saudi Arabia’s visit visa policies, which now affect travellers from 14 countries, highlighting compliance considerations for affected stakeholders.

LAW CHANGES: NEW AND PROPOSED MENA LAWS

Aarti Thadani and Sarah Sheppard from Norton Rose Fulbright (Middle East) LLP discuss the anticipated impact of Dubai Decree No. 19/2025, a regulatory shift set to enhance health and safety protocols in the emirate’s construction sector.

CASE FOCUS

A recent ruling from the QICDRC in Zia Ur Rehman v Forvis Mazars LLC [2025] QIC (A) 7 (issued 14 May 2025) underscores the need for robust evidence in breach of contract claims, the conditions under which non-compete compensation may apply, and the high threshold for appeals.

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_July 2025

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

Lexis Middle East HR Alert_May 2025

Lexis Middle East HR Alert_March 2025

Lexis Middle East HR Alert_January 2025

Lexis Middle East HR Alert_October 2024

HR PROFILE: AN AGILE APPROACH TO CHANGE

Samia AlRajaby, Head of HR Operations at Al Tamimi & Company, shares how adopting an agile mindset has empowered her to navigate technological transformation and shifting generational expectations.

IN-HOUSE PROFILE: PRACTITIONER PERSPECTIVE

Ben Brown, Sara Khoja and Sarit Thomas of Clyde & Co offer insights into evolving leave policies following a significant recent decision by the Abu Dhabi Courts, urging a strategic review for in-house teams.

POLICY POINTERS: FRACTIONAL EXECUTIVES IN SAUDI ARABIA

Dr. Sairah Narmah-Alqasim, Partner at Pinsent Masons, explores the growing adoption of fractional executives in Saudi Arabia, driven by remote work and the Regional Headquarters Programme, and highlights key policy considerations such as Saudisation.

MOVES AND CHANGES

Stay informed with the latest executive appointments, promotions, and market trends shaping the business landscape across the region.

News developments

Kuwait: New Building Regulations Apply Only to Free Zone Service Sector

31/07/202531/07/2025
by Hannah Gutang

Kuwait Times, 26 July 2025: Kuwait Municipality has confirmed that recent amendments to building specifications apply exclusively to the free zone’s service sector (16), and not to the broader Shuwaikh and Al-Rai areas.

Municipality Director clarified that the new regulations maintain the existing 150 percent building area allowance for hotels within service plots, while introducing the option for multiple basement levels.

The updated specifications establish specific requirements for sector (16):

Maximum building coverage of 130 percent across three floors
Minimum shop and showroom sizes of 100 square metres
Office spaces no smaller than 150 square metres on ground and mezzanine floors
Increased restaurant allocation from 5 to 10 percent
Mandatory on-site parking provision

They also noted that the former free zone, now under the Public Authority for Industry’s jurisdiction, permits various commercial activities, including:

Administrative offices
Retail shops
Banking services
Health clubs
Hotels
Warehousing facilities

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

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News developments

Kuwait: MoUs on Money Laundering Signed

25/07/202525/07/2025
by Hannah Gutang

Kuwait Times, 20 July 2025: The Kuwait Interior Ministry Department for combatting money laundering and terrorist financing and the customs office have signed a memorandum of understanding to enhance cooperation on the fight against financial crimes.

The two departments will increase mutual operation and sharing of information in line with international standards set by the UN Financial Action Task Force (FATF). The MOU also aims to intensify regulatory procedures to support the national system for reducing financial crime. In addition, the Kuwait Capital Markets Authority (CMA) and the Financial Intelligence Unit (FIU) have also signed a separate MOU on cooperation and information exchange on money laundering. This will impact the scope of information the FIU and CMA can provide to each other.

Amendments to Kuwait Law No. 106/2013 (the money laundering law) in June 2025 now allow the Kuwaiti Cabinet to issue decisions to implement resolutions passed by the UN Security Council on financing terrorism and freezing assets, and to impose hefty fines on violators. In a report in June 2025, FATF had stated gaps in the legal system in Kuwait did make it difficult to free assets in these situations.

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News developments

Kuwait: Launches New Phase of Capital Market Reforms

18/07/202518/07/2025
by Hannah Gutang

Kuwait Times, 12 July 2025: Kuwait’s Capital Markets Authority (CMA) has implemented the second part of phase three of its Capital Market System Development Program, introducing significant changes to the country’s financial infrastructure.

Under Kuwait Decision No. 101/2025, Kuwait Clearing Company has become the country’s first licensed central broker, marking a key milestone in implementing Kuwait Law No. 7/2010.

Ten brokerage firms have been upgraded to “Qualified Broker” status, expanding their capacity to offer financial services. The CMA has also developed and tested new technical systems for bonds, sukuk, and ETF indices trading.

The reforms include the introduction of sub-account numbers within consolidated accounts for both investment and electronic portfolios, enhancing market supervision capabilities at Boursa Kuwait.

The authority has completed preparations for cash settlements through the Central Bank of Kuwait system and settlement banks, while establishing a financial collateral chain.

These changes follow Kuwait Decision No. 101/2025, which required the CMA to issue new licenses and implement regulatory adjustments. Draft amendments to the executive regulations of Kuwait Law No. 7/2010 have been prepared to accommodate new financial products in the market.

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

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News developments

Kuwait: Systematic Risk Assessments for Money Laundering in Financial Institutions

10/07/202510/07/2025
by Hannah Gutang

Al Rai Media, 7 July 2025: The Kuwaiti regulatory authorities, represented by the Central Bank of Kuwait, the Capital Markets Authority, and the Insurance Regulatory Unit, have developed guidelines for assessing business risks.

Issued as a directive, it requires all supervised financial and banking institutions to systematically evaluate risks related to money laundering, terrorist financing, and the proliferation of weapons of mass destruction based on their activities, customer base, monitoring services, and geographic exposure.

The guideline is divided into eight key sections, obliging institutions to periodically assess business risks and initiate immediate reviews in response to significant developments. The aim is to empower institutions to make informed decisions regarding risk acceptance and adopt proactive measures to prevent financial crimes.

Affected parties, primarily financial and banking institutions, must regularly follow a systematic risk assessment process. This includes the evaluation of inherent business risks, categorising them into various levels such as high, medium-high, or medium-low, and developing strategies for resource allocation and risk mitigation which are aligned with guidelines from the Financial Action Task Force (FATF).

The guideline suggests effective customer due diligence measures, record retention practices to meet regulatory obligations, and internal risk management controls. Institutions must set policies on client acceptance, conduct risk evaluations, operate compliance frameworks, independently test controls, monitor transactions, and deploy stringent staff training programs.

Key risk categories identified include structural risks arising from ownership and governance complexity, customer risks related to client types and transaction patterns, product and service transaction risks, service delivery channel risks, geographical risks, and technology-related risks.

For the full story, click here.

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News developments

Kuwait: Executive Regulations for Multinational Entity Tax

03/07/202503/07/2025
by Hannah Gutang

Mubasher, 29 June 2025: The Kuwaiti Ministry of Finance has issued Kuwait Ministerial Decree No. 55/2025 on the implementing of Kuwait Decree-Law No. 157/2024, on the tax of Multinational Entities (MNEs).

This covers the introduction of a Domestic Minimum Top-up Tax (DMTT), and aligns with OECD requirements under the Global Minimum Tax Pillar Two project. The new regulations clarify the provisions of the law, outlining procedures and mechanisms for implementation.

Preliminary estimates suggested the tax could generate annual revenues of approximately 250 million Kuwaiti dinars.

The Ministry plans to conduct several educational workshops to explain the details of the executive regulations, with dates to be announced in due course.

For the full story, click here.

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Sold Out Kuwait Business Law Forum 2025 | 10 December 2025 | 8:30 AM to 2:30 PM (Kuwait Time) | Four Seasons Hotel, Kuwait City

01/07/202508/12/2025
by Malini Dean

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

Kuwait Business Law Forum 2025 | 10 December 2025 | 8:30 AM to 2:30 PM (Kuwait Time) | Four Seasons Hotel, Kuwait City
10/12/2025
8:30 AM - 2:30 PM

BECOME A SPONSOR REGISTER HERE Join us in Kuwait City on 10 December 2025 for the Kuwait Business Law Forum! The Law Forum is open to all legal professional. OVERVIEW Following the tremendous success of past editions — with over 350 participants from across Kuwait’s legal and business sectors — we are (more…)

News developments

Lexis Middle East HR Alert – May 2025 Edition

26/06/202526/06/2025
by Tanya Jain

In this edition of Lexis Middle East HR Alert, we bring you a curated selection of the most pressing HR, legal, and regulatory developments shaping the employment landscape across the Middle East. From sweeping changes in Saudi labour law to evolving expectations around flexible work in the UAE’s blue collar sector, this issue is packed with expert insights, legal updates, and practical guidance for HR professionals, legal advisors, and business leaders alike.

As organisations across the region navigate complex immigration frameworks, new compliance requirements, and shifting workforce dynamics, our contributors provide the clarity and context needed to stay ahead. With in-depth features, real-world case reviews, and spotlights on key figures driving HR transformation, the LME HR Alert continues to serve as a trusted resource for understanding the policies and trends that matter most.

Stay ahead of the curve with Lexis Middle East HR Alert, as we provide you with the insights needed to navigate the complexities of HR in the Middle East.

Happy reading!

This edition features a diverse range of content, including:

FEATURE: FRAMEWORK IMPLEMENTED

Shiraz Sethi and Fatima Al-Sabahi of Dentons delve into the key reforms introduced in the Saudi Labour Law following the release of its implementing regulations. Their analysis highlights the significant changes impacting employment relationships, enforcement mechanisms, and employer compliance obligations in the Kingdom.

TREND SETTER: MORE FLEXIBLE BLUE COLLAR JOBS

With a mounting talent shortage in the UAE’s blue collar workforce, businesses are exploring more flexible working arrangements. Mary Rintu Raju of NYK Law outlines the legal implications and operational considerations of rolling out flexible models for this often-overlooked sector.

NEWS ROUND-UP: COVERING RECENT KEY DEVELOPMENTS – REGION-WIDE

This section captures a selection of important legal and HR news, including changes to company structures in UAE freezones and other updates from across the MENA region.

IMMIGRATION FOCUS: SAUDI ARABIA IMMIGRATION UPDATE

Ali Ibrahim of Vialto Partners provides a comprehensive update on Saudi Arabia’s immigration regulations. His commentary offers vital guidance on how these changes may affect both employers and foreign nationals working in the Kingdom.

LAW CHANGES: NEW AND PROPOSED MENA LAWS

Explore recent and upcoming legal reforms, including newly proposed rules affecting work permits in Kuwait—changes that may impact workforce planning and compliance across multiple jurisdictions.

CASE FOCUS:

This issue includes a review of a recent QICDRC ruling in Clare Holloway v MBG Corporate Services LLC (QFC Case No. 0059/2024), where the Court of First Instance addressed the issue of premature litigation. Mohammed Al Ansari highlights the court’s approach to jurisdiction and procedural compliance.

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_May 2025

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

Lexis Middle East HR Alert_May 2024

Lexis Middle East HR Alert_July 2024

Lexis Middle East HR Alert_October 2024

Lexis Middle East HR Alert_January 2025

HR PROFILE: CREATING CHANGE

Nishanth Krishnan, Director of People Advisory and Business Consulting at Grant Thornton UAE, shares insights into the strategic HR interventions needed to lead and manage successful organisational change in today’s climate.

IN-HOUSE PROFILE: PRACTITIONER PERSPECTIVE

Henrietta Baker and Kahroba Kojouri of Dentons discuss proposed amendments to the Saudi Personal Data Protection Law Implementing Regulations (Saudi Arabia Administrative Decision No. 1516/1445).

POLICY POINTERS: WORKING HOURS IN KUWAIT

Bader Al-Qellaish of Wefaq Law Firm reviews the legal frameworks governing working hours in Kuwait, with practical considerations for policy compliance and workforce wellbeing.

MOVES AND CHANGES

Stay updated on the newest business trends, significant appointments, and promotions in the region to stay connected with the market’s key influencers.