Mahmoud Abdel-Baky

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Saudi Arabia Update - October 2017

Saudi Arabia - October 31 2017 The MOCI is finalizing a plan to combat the practice of tasattur. Tasattur is the colloquial name for the practice by which unlicensed foreign…

Saudi Arabia Update - February 2018

Saudi Arabia - February 28 2018 In general, any non-GCC investment in Saudi Arabia resulting in ownership of a Saudi-registered entity requires approval of the Saudi Arabian General…

Saudi Arabia Update - July 2017

Saudi Arabia - July 31 2017 Saudization is a colloquial term used to refer to the Kingdom’s official government policy of ensuring the hiring, training, and development of Saudi…

Saudi Arabia Update - April 2018

Saudi Arabia - April 30 2018 The Council of Ministers approved 11 amendments to the Companies Law on 10 April 2018 (the Amendments) - a brief summary is below. Companies…

CMA issues the final rules governing foreign investment in listed shares

Saudi Arabia - May 7 2015 The Capital Market Authority of Saudi Arabia (CMA) has published on its website this week the final rules governing investment by qualified foreign…

Anas A. Akel, Amgad T. Husein