In Egypt, the acquisition of the shares of a listed company is governed by the Capital Markets Law No. 95 of 1992 (the ‘CML’), and its Executive Regulations No. 139 of 1993, as amended (the ‘CML ER’), as well as the Egyptian Exchange Listing and Delisting Rules issued by the Financial Regulatory Authority (the ‘FRA’) Decree No. 11 of 2014, as amended (the ‘EGX Listing Rules’). The acquisition of the shares of a listed company is either...

Good Samaritan laws are statutory provisions that offer legal protection to people who give reasonable assistance to those who are, or whom they reasonably believe to be, injured, ill, in peril, or otherwise incapacitated. The protection is intended to reduce bystanders’ (including, in the sporting context, volunteers’) hesitation to assist, for fear of being sued or prosecuted for unintentional injury or wrongful death. The principle of the...

This edition provides a colourful glimpse of some of the opportunities and challenges our clients throughout the Middle East region are working through in this rapidly growing sector.

The Egyptian Labour Law needs significant changes in order to keep up with existing practices and in order to avoid exacerbating negative effects on the employer, employee and the economy at large.

Back-to-back clauses are a regular feature in, not only, construction but also general commercial agreements. Although, they may come in different variations tailored to specific contracts, a back-to-back clause is in broad terms, an agreement that a Sub-contractor will not be entitled to payment from a Main Contractor unless payment has been received by the ultimate client or Back-to-back clauses are a regular feature in, not only, construction...

On 19 June 2019, the Italian Council of Ministers approved the China – Italy Double Tax Treaty (“New DTT”), signed in Rome on 23 March 2019. The New DTT will enter into force 30 days after the exchange of the ratification instruments replacing the China – Italy Double Tax Treaty signed on 31 October 1986 (“Old DTT”).

Back-to-back clauses are a regular feature in, not only, construction but also general commercial agreements. Although, they may come in different variations tailored to specific contracts, a back-to-back clause is in broad terms, an agreement that a Sub-contractor will not be entitled to payment from a Main Contractor unless payment has been received by the ultimate client or Employer.

Law No. (30) of 2018 promulgating the Personal Data Protection Law (“PDPL”) comes into force on Thursday, 1 August. This means that companies with a place of business in the Kingdom of Bahrain (and companies who process data using means available in the Kingdom) who process personal data need to start complying with the PDPL now.

Law 37 of June 5, 2018, adds line 9 to article 709 of the Fiscal Code, which is related to the annual income tax deductions to which natural persons are entitled, regarding school expenses incurred by the taxpayer with respect to their dependents.

The new UAE Cabinet Resolution no. 40 of 2019 (“Resolution”) provides necessary additional details to implement the provisions of the Medical Liability Law (Federal Law Decree No (4) of 2016 concerning medical liability).