Legal Framework
From The Report: Saudi Arabia 2016
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This chapter contains an overview of the legal framework in which local and foreign investors operate, including a breakdown of new company and investment reguations and a look at the increasing emphasis on corporate governance.

This chapter contains a viewpoint from Zeyad Khoshaim, Managing Partner, Khoshaim & Associates.

Articles from this Chapter

Overview

Road to reform: New regulations present different structuring and investment opportunities across several sectors
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1. New Opportunities The Saudi Arabian New Companies Regulations (the New Regulations) came into effect on May 2, 2016. Existing companies have one year from this date to alter themselves to abide by the New Regulations, unless the Capital Market Authority (CMA) or the Ministry of Commerce and Investment (MoCI) set an earlier date for a particular issue. The previous companies’ regulations have raised numerous issues over the past 40 years, including in relation to equity and debt funding, investment…

Viewpoint

A catalyst for change: Zeyad Khoshaim, Managing Partner, Khoshaim & Associates, on Vision 2030 and the Kingdom’s new economic era
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Following numerous global and regional socio-economic and political developments, the Kingdom of Saudi Arabia has been going through a policy and legislative overhaul. Indeed, the past few months have seen the issuance of new legislation and amendments to Saudi Arabian regulations, including, most notably, the Companies Regulations and Qualified Foreign Investor Rules, with the much-anticipated insolvency law, which is expected to follow in 2016, as well as the restructuring of a number of ministries…