New Laws & Updates

Welcome to the News and Publications section.

  • Announcement (22/12/2015)
  • ABDULRAZZAQ ABDULLAH & PARTNERS LAW FIRM signed Legal Service Agreement and announced to provide a broad-spectrum of legal services to the KOREAN COMMUNITY, Kuwait.
  • Is it permissible to dismiss the worker because of a strike? (22/12/2015)
  • Strike action, also called labor strike or simply strike, is a work stoppage caused by the mass refusal of employees to work. A strike usually takes place in response to employee grievances. Strike will usually be conducted by the employees, in an orderly manner and for a specific intent to put pressure on employers or authority to enforce their demands or find solutions to their existing disputes. It is used as a method to defend the interests and rights of workers. The trade unions will call for a strike in an organized manner, to meet the interests of the employees if they have not been met .
  • Questionnaire on the Law of Leasing (13/04/2017)
  • Question: What are the most pressing issues in leasing commercial real estate today?
  • Law No. 106 of 2013 Regarding the Combating of Money Laundering and Financing of Terrorism (22/12/2015)
  • The Kuwait government has taken steps to address the challenges which posed a threat to the economy by passing Law No. 106 of 2013. The law is promulgated with an intention to combat money Laundering and financial terrorism. The New Law supersedes the previous Law No. 35 of 2002 and establishes new and improved governing principles. As per new law terrorist financing is termed as criminal act which comes under Article 3. The law further elaborates that, "a person who can be said to have committed a terrorist financing crime is any person who has directly or indirectly, willingly and illicitly collected funds with the intention to use it for committing a terrorist act". Also, Article 22 enables the public prosecutor to freeze/confiscate funds or financial instruments, if there is sufficient evidence to suggest that the funds were obtained or used with an intention to finance terrorism.
  • Real Estate Law and the Growing Land Price (22/12/2015)
  • The provisions of Law No. 50 of 1994 concerning the regulation for the use of land space and the explanatory note of the law No. 8 of 2008 explains in detail the provisions regarding the use of land in Kuwait. While analyzing the local real estate performance there is major economic development related to the activity of the real estate market and in the respective governmental regulations. However, the government has failed to keep pace with the growing needs. The facilities should commensurate with the increasing demands or else it would not be helpful for the citizens. Moreover, the laws are more relaxed which leads to delay in reclamation of land space which is allotted to address the requirements of the citizens. This in turn resulted in an increased demand for 'Vouchers' for building private residence. In the private sector the needs of citizens are not met due to the unreasonable delay. This also contributed to the increase in price steadily and rapidly. Though there is directive from the legislature that the land should not be kept idle for a long period of time, enabling the owners to speculate for the highest possible price the eligible middle class are suffering as the rising housing costs has already became unaffordable for them.
  • Rules of Corporate Governance (22/12/2015)
  • 1.Empower the Board
  • The need to overcome the developmental hurdles of the Law of the Capital Market Authority No. 7 of 2010 (22/12/2015)
  • The Law of the Capital Market Authority No. 7 of 2010 aims at organizing the activities of the securities market in a fair, viable and transparent manner, educating the public about the activities of the securities, the benefits, risks and undertakings related to the investment of the securities. The main difference between Kuwait Stock Exchange and Capital Markets Authority Law is that there was no special prosecution prescribed in the provisions of the Kuwait Stock Exchange while in the new law there is prosecution for violations. Surely, a policy of total disclosure ensures justice and transparency thereby preventing conflict of interest and exploitation of confidential information. Thus abidance of the local laws and regulations of the country is the paramount aim.
  • There has been a significant increase in interest in Corporate Social Responsibility (22/12/2015)
  • (CSR) in recent years and it is now regarded to be at its most prevalent representing an important topic for research. Many scholars are of the view that CSR is generally related to legal and social norms where few disagree calling it an image building tool. On the other hand, there is speculation if it is an action beyond legal sanctions - sometimes called "voluntarism" - ought to qualify as socially responsible action. To understand and analyze the concept of CSR, three words are to be carefully interpreted. These are, ‘corporate’, ‘social’, and ‘responsible’. To elaborate it, CSR refers to the obligations corporations have towards society part of which they exist, Moreover the role of CSR lies beyond these boundaries. CSR is comprehended differently by different people.
  • Questionnaire (22/12/2015)
  • *Q. What is the role of a commercial lawyer in the business of a law firm?*
  • Kuwait Parliament ratifies MoU (11/06/2009)
  • Kuwait's parliament (Majlis Al-Umma) ratified a memorandum of understanding on security cooperation with Iran.
  • Forum touts merits of arbitration in Kuwait (08/06/2009)
  • A number of speakers at a forum organized by the Kuwaiti Bar Association touted the merits of arbitration when dealing with disputes over commercial contracts.
  • Municipal Council oks change in electoral law on five constituencies (08/06/2009)
  • The Municipal Council approved a proposed amendment to the 2005 Municipal Law, article 5, paving the way for the number of municipal council members to be 31 representing five constituencies.
  • Direct Foreign Capital Investment in Kuwait (23/06/2009)
  • Law No. 8/2001 regarding the Organization of Direct Foreign Capital Investment in Kuwait was issued recently by the National Assembly. According to this new law foreign investors would be able to accomplish commercial and economic projects inside Kuwait.

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