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Saudi Arabia Issues New Regulations for Companies, Altering Regulatory Landscape

Saudi Arabia - December 29 2015 On 9 November 2015, the Council of Ministers of the Kingdom of Saudi Arabia approved the long-awaited new Regulations for Companies1 (the New...

Harj Rai, Sami E. Al-Louzi, Ibrahim Soumrany, Craig R. Nethercott, Omar M. Elsayed.


Saudi Capital Market Authority publishes draft rules for qualified foreign financial institutions investment in listed shares

Saudi Arabia - September 3 2014 Following last month's announcement by the Saudi Arabian Capital Market Authority (the CMA) of its proposal to permit participation by qualified...

Harj Rai, Sami E. Al-Louzi, Nomaan Raja, Andrew R. Tarbuck, Omar M. Elsayed.


Saudi CMA publishes Draft Rules to open Tadawul to qualified foreign investors

Saudi Arabia - August 24 2014 Following on from last month’s announcement by the Saudi Arabian Capital Market Authority (the CMA) that it proposes to permit non-Saudis to...

Harj Rai, Sami E. Al-Louzi, Nomaan Raja, Andrew R. Tarbuck, Omar M. Elsayed.


Saudi opens market to foreign financial institutions

Saudi Arabia - July 27 2014 In a long anticipated measure, the Saudi Council of Ministers (which is the highest authority in the Kingdom) issued a resolution on 21 July, 2014...

Sami E. Al-Louzi.


How Saudi new weekend impacts legacy Financing Agreements

Saudi Arabia - June 25 2013 The Custodian of the Two Holy Mosques, King Abdullah, announced on Sunday June 23, 2013 that the official working days in Saudi Arabia will change to...

Craig R. Nethercott, Ahmad Anani, Jade Laktineh, Salam M. Alsmadi, Omar M. Elsayed.