There were 55 results found for Saudi Arabia and Legal Framework

There were 55 results found.

Overview

How legal reforms in Saudi Arabia impact businesses
OBG
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In light of the major steps taken to achieve Vision 2030, which is focused on the three pillars of a vibrant society, a thriving economy and an ambitious nation, in early 2021 Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud announced several profound legal reforms: the Personal Status Law, the Civil Transactions Law, the Penal Code of Discretionary Sanctions and the Law of Evidence. Each of…

Chapter

The Report: Saudi Arabia 2023: Legal Framework
OBG
plus

Saudi Arabia has embarked on significant legal reforms in line with Vision 2030's focus on creating a vibrant society, a thriving economy and an ambitious nation. These reforms include the introduction of key laws like the Personal Status Law, the Civil Transactions Law, the Penal Code of Discretionary Sanctions and the Law of Evidence. These laws aim to enhance and harmonise the legal ecosystem, as…

Chapter

The Report: Kuwait 2022: Legal Framework
OBG
plus

While it is common knowledge that laws in the Middle East include restrictions on foreign parties doing business that do not apply to citizens, progress has been made in recent years to facilitate foreign investment and participation in businesses in the region. Kuwait was a pioneer in this regard, with the promulgation of the Foreign Direct Investment Law in 2014, which has since been replicated in…

Overview

Legal reforms in Saudi Arabia promote greater standardisation
OBG
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In recent years Saudi Arabia has committed to a series of wide-ranging reforms that aim to diversify the economy; foster a more open and connected society; and establish a transparent, efficient and accountable government under the country’s Vision 2030 strategic framework. With those objectives in mind, there have been numerous legislative developments related to real estate, foreign investment,…

Viewpoint

Eyad Reda, Managing Partner, Eyad Reda Law Firm: Viewpoint
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Viewpoint: Eyad Reda Over the past five years Saudi Arabia has witnessed unprecedented legal, social and economic reforms. Such reforms extended to the public sector’s operating model, the economy and society as a whole, and the foundations have been laid for future success. There have been calls for legal and judicial reforms before, but now the Kingdom appears determined to heed those calls by…

Chapter

The Report: Saudi Arabia 2022: Legal Framework
OBG
plus

Country Report

The Report: Saudi Arabia 2022
OBG
plus

With increasing oil and gas prices and an expanding non-oil sector, Saudi Arabia has been logging record trade surpluses in recent years, while securing government revenue for future investment. The Kingdom is expected to be among the fastest-growing economies in the G20 in 2022 â€“ and was on track to fulfil that forecast by the middle of the year. Indeed, in the first three months of 2022 G

Global Platform

Eyad Reda, Managing Partner, Eyad Reda Law Firm

In this Global Platform video, Eyad Reda, managing partner of the Eyad Reda Law Firm, shares an overview of recent legal changes and targeted areas of reform to improve the experience of international investors and strengthen the local business environment. Financial technology (fintech), data protection and the digital economy are areas set for improved regulations in the years to 2030.

Global Platform

Zeyad Khoshaim, Managing Partner, Khoshaim & Associates

In this Global Platform video, Zeyad Khoshaim, managing partner at Khoshaim & Associates, talks about the significant reforms that are set to boost foreign investment and encourage local players in the Kingdom. The reforms have permitted international and local investors to participate in a growing number of commercial activities. In addition, Saudi Arabia allows trade activities in areas such

Country Report

The Report: Saudi Arabia 2020
OBG
plus

Reforms and initiatives under Vision 2030 have led to an increasing number of international investors tapping into Saudi Arabia’s more open and streamlined business environment, with significant growth opportunities identified across a range of non-oil sectors. Indeed, this was reflected in Saudi Arabia being the most-improved country on the World Bank’s 2020 ease of doing business index. The

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There were 55 results found for Saudi Arabia and Legal Framework

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