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STA Law Firm
The New Professional Companies Law (PCL) that has been enforced on 26 March 2020 has successfully replaced the former 1991 Professional Companies Law in the Kingdom of Saudi Arabia.
STA Law Firm
Cross border transactions continue to evolve, and businesses within the Middle East continue to witness substantial growth. Kingdom of Saudi Arabia (KSA) continues to prosper due to foreign...
Mayer Brown
On 8 October 2019, the Council of Ministers of the Kingdom of Saudi Arabia approved the Saudi Commercial Franchise Law under Cabinet Decision No. 122/1441 (the "CFL"), which will take effect in April 2020.
BSA Ahmad Bin Hezeem & Associates LLP
One of the key strategic aims of Saudi Arabia's Vision 2030 is to shift its oil-dependent economy to a knowledge-based economy.
Clyde & Co
The publication of the Saudi Franchise Law was widely expected and the need for a clear framework to structure franchise arrangements long overdue.
Clyde & Co
With the Saudi national transformation plan 2020 around the corner and Vision 2030 substantively progressing, we have been witnessing significant changes in Saudi legislation.
Clyde & Co
SAGIA and the Saudi Ministry of Commerce and Investment have recently implemented new regulations that will affect the processing of many government services
Shearman & Sterling LLP
Overview Of Public Merger & Acquisition Regulations In The Kingdom Of Saudi Arabia
Amereller Legal Consultants
Compliance is now a prerequisite for government services, including new visa issuances, and requires a lengthy process of amending company documents.
STA Law Firm
The Ministry of Commerce and Investment made an announced regulation for the Unified Registry for Commercial Pledges.
Clyde & Co
It should be noted that the class action related to the investors before the IPO stage described above.
BSA Ahmad Bin Hezeem & Associates LLP
The general process an Acquisition Transaction undergoes shares several similarities with similar types of transactions in other jurisdictions. Notwithstanding, the prevalent regulations...
Dentons
Amendments to Saudi Arabia's Companies Law, which came into effect in April 2018, seemingly return a rudimentary concept of standing for shareholder derivative claims to the statute...
Shearman & Sterling LLP
On 31 December 2017, the Capital Market Authority (the "CMA") published the Rules on the Offer of Securities and Continuing Obligations, which were approved by CMA Board Resolution No. 3-123-2017 dated 9/4/1439H.
Dentons
Morgan Stanley Capital International (MSCI) announced it will grant an upgrade to Saudi Arabia by adding it to the MSCI Emerging Markets Index (the Index).
Al Tamimi & Company
‘'Smart' contracts will have a disruptive effect on traditional contractual performance, both practically and conceptually. However, are smart contracts actually "contracts" and are they really "smart"?
Al Tamimi & Company
On 14 February 2018, the Dubai Court of Cassation issued a judgment (Dubai Property Appeal 402 of 2017) in relation to a claim brought by an investor ...
Al Tamimi & Company
In the June-July 2016 edition of Al Tamimi's Law Update Article (http://www.tamimi.com/law-update-articles/crowdfunding-platforms-in-the-uae/) ...
Al Tamimi & Company
The number of e-commerce startups in Dubai is burgeoning; so the Emirate has seen a significant increase in the number of private investors and venture capital funds active in this field.
Clyde & Co
The Council of Ministers of Saudi Arabia recently approved the amendments of certain provisions of the Companies Law.
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