Alternative risk mitigation mechanisms, such as catastrophe bonds, are also gaining prominence across the region, providing innovative ways for industries to manage and transfer risk. As businesses continue to look for ways to hedge against unforeseen circumstances, understanding these alternatives is becoming increasingly important. We dive deep into these developments in our article, “Catastrophe Bonds and Alternative Risk Strategies: A New Era in Insurance.”
Turning to the transportation sector, we are witnessing significant regulatory changes aimed at enhancing the safety, efficiency, and sustainability of logistics and trade operations. In Kuwait, recent shifts in legal perspectives on compensation, particularly under MC99, are reshaping how transportation and logistics companies approach liability and claims. Our article, “MC99 and the Future of Liability in Kuwait’s Transportation Sector,” provides a detailed look at the evolving legal landscape and what businesses need to consider to manage their risks effectively.
As export controls and the regulation of dual-use products continue to be major focal points in the UAE, businesses engaged in international trade must be proactive in understanding the legal frameworks governing these issues.
