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Saudi Arabia
Clyde & Co
On 1 August 2019, a new Government Tenders & Procurement Law ("New GTPL") was published in the Official Gazette 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.
DLA Piper
DLA Piper recently acted on a successful "reconsideration motion" in the Appeal Court in Dammam on the basis of a default judgment which had been issued against our contractor client in favour of a subcontractor.
STA Law Firm
The Ministry of Commerce and Investment made an announced regulation for the Unified Registry for Commercial Pledges.
Clyde & Co
In January 2019, Saudi Arabia introduced for the first time a bespoke commercial maritime law, indicating the importance of maritime trade and labour to its economy and development plans.
STA Law Firm
The Kingdom of Saudi Arabia declared a new commercial mortgages law (the "New Law") by the Royal Decree Number M/86 dated 08/08/1439H (which corresponds to April 24, 2018)
Mahayni
The Commercial Maritime Law consists of 391 articles.
Dentons
According to the Saudi Arabian General Investment Authority (SAGIA), foreign investment licence issuances have increased by 130 per cent during the first quarter of 2018.
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
With a population in excess of 30 million people, many of whom are young, rich and tech-savvy consumers, it is no surprise that experts hold high hopes f ...
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 ...
Dentons
As mentioned in our November / December Update, November 2017 saw an unprecedented corruption "crackdown" in the Kingdom involving influential local businessmen and officials ...
Clyde & Co
An effective dispute resolution system is essential for companies to have confidence that if they need to take steps to protect the value of their assets, those steps are accessible and effective.
Clyde & Co
The courts in the Kingdom of Saudi Arabia have witnessed enormous developments to the administrative procedures in the past six months.
Clyde & Co
Vision 2030 and its recent ongoing drive in Saudi Arabia to privatise public assets, deregulate and diversify the economy have resulted in a need to develop a dynamic legal and regulatory platform...
Al Tamimi & Company
With more than USD 4.79 billion spent in sports player transfer fees in 2016 alone, the global transfer market for footballers continues its upward trajectory and the recent Euro 222m transfer...
Dentons
The National Anti-Corruption Commission (Nazaha) is the local body responsible for investigating violations of the Combating Bribery Law (CBL) and referring such violations for prosecution.
Mahayni
Cases currently adjudicated before the General Courts may not be transferred to the Commercial Courts.
Beale & Company (Middle East)
In delivering a construction project, a contractor or consultant must also comply with the Saudi Building Code.
Al Tamimi & Company
It is an established principle that a court of substance has the discretionary power to interpret the clauses of an agreement, provided that such interpretation considers the agreement as a whole in understanding the parties intent.
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