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News
7AST SpaceMobile Lawsuit Continues with November 13 Deadline to Appoint Lead Plaintiff
Pomerantz announced a class action lawsuit against AST SpaceMobile over allegations of exaggerating its competitive ability and capital sufficiency, with a November 13 deadline for plaintiffs.
Kuwait Approves Amendments to Notarization and Civil Laws, Refers Them to the Amir
The Kuwaiti Cabinet approved two draft decree-laws amending the Notarization Law—transferring corporate document notarization to the Commercial Register—and amending Article 830 of the Civil Code.
Egypt Transfers Commercial Registry Authority to Ministry of Investment via Draft Law
The Egyptian House of Representatives referred a 17-article draft law transferring the Commercial Registry Authority from the Ministry of Supply to the Ministry of Investment, alongside a digital transformation plan within one year.
Qatari Court Annuls Transfer of Company Shares Due to Material Misrepresentation
A Qatari court ruled to annul the transfer of shares in Company K from L to N due to material misrepresentation, ordering the restoration of the public register to establish L as the sole owner.
US SEC Sues Former Head of Global Tech for Issuing Shares to His Family
The US Securities and Exchange Commission has accused David Reichman of issuing tens of millions of shares to his family and friends, describing them in disclosures as being for services rendered.
"GAFI" Discusses Implementation of Company Incorporation Decision 664 of 2026 with Law Firms
The General Authority for Investment discussed with law firms the implementation of Decision 664/4 of 2026, pledging to execute it without unjustified procedural burdens.
Egypt Finalizes New Companies Law to Facilitate Business Environment
Egypt is preparing a new companies law that reorganizes provisions for incorporation, governance, and disclosure, as part of efforts to improve the business environment and stimulate foreign direct investment, according to reports.