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  • Article

    Bridging Sustainability And Stakeholder Trust

    In today's business environment, sustainability and stakeholder management are no longer optional—they are essential for long-term success.
    Saudi ArabiaCorporate/Commercial Law
    KPMG
    KPMG
  • Article

    Future Of Reporting

    GRI and IFRS Foundation unite to set a new standard in corporate sustainability reporting.
    Saudi ArabiaCorporate/Commercial Law
    KPMG
    KPMG
  • Article

    Q3'24 Venture Pulse Report – Global Trends

    Both VC investment and the number of VC deals remained subdued in Q3'24, as many VC investors globally remained in a holding pattern given the current uncertainties still permeating the market...
    Saudi ArabiaCorporate/Commercial Law
    KPMG
    KPMG
  • Article

    Saudi Arabia CISG Adoption: Impact On Businesses

    In August 2023, Saudi Arabia took a significant step towards modernizing its commercial law by adopting the United Nations Convention on Contracts for the International Sale of Goods (CISG).
    Saudi ArabiaCorporate/Commercial Law
    Hamad in association with Youssry Saleh & Partners (AHYSP)
    Hamad in association with Youssry Saleh & Partners (AHYSP)
  • Article

    Termination And Damages: What Happens When A Contract Contains An Option Of Conditionality?

    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 ...
    Saudi ArabiaCorporate/Commercial Law
    Al Tamimi & Company
    Al Tamimi & Company
  • Article

    Ultimate Beneficial Ownership Rules In The Kingdom Of Saudi Arabia

    On or around 21 February 2025, the Minister of Commerce decreed and published into law, the Ultimate Beneficial Ownership Rules ("UBO Rules") of the Kingdom of Saudi Arabia ("KSA").
    Saudi ArabiaCorporate/Commercial Law
    Al Tamimi & Company
    Al Tamimi & Company
  • Article

    Update: The Kingdom Of Saudi Arabia's Newly Adopted Ultimate Beneficial Ownership Rules

    Background: The Minister of Commerce, has officially resolved to issue The Ultimate Beneficial Ownership Rules (the "UBO Rules"). The UBO Rules require all companies in KSA (unless exempted) to disclose.
    Saudi ArabiaCorporate/Commercial Law
    Addleshaw Goddard
    Addleshaw Goddard
  • Article

    Managing The Value Chain Under IFRS Standards

    In the evolving landscape of corporate sustainability, the value chain plays a critical role in determining a company's overall impact and success.
    Saudi ArabiaCorporate/Commercial Law
    KPMG
    KPMG
  • Article

    International Companies Are Moving Their RHQs To The Kingdom As Saudi Arabia's RHQ Rules And RHQ Tax Rules Come Into Force

    In February 2021, the government of the Kingdom of Saudi Arabia (the "KSA") announced that by 2024 it would cease doing business with international companies whose regional headquarters...
    Saudi ArabiaTax
    AlArfaj & Partners
    AlArfaj & Partners
  • Article

    How Promissory Notes Are Regulated And Enforced In Saudi Arabia

    A promissory note is a written promise by one party (the Maker) to pay a specified sum of money to another party (the Payee) either on a future date or upon demand. In the Saudi Arabian jurisdiction, promissory notes are defined as commercial papers and are subject to the Negotiable Instruments Law, which is, in turn, based on Sharia-compliant legal principles
    Saudi ArabiaCorporate/Commercial Law
    Hamad in association with Youssry Saleh & Partners (AHYSP)
    Hamad in association with Youssry Saleh & Partners (AHYSP)
  • Article

    Navigating Materiality Key Insights From IFRS S1 And S2

    In the evolving landscape of corporate reporting, materiality has emerged as a cornerstone concept, particularly within the framework of the International Financial Reporting Standards Sustainability Disclosure Standards. IFRS S1 and S2 are pivotal standards that guide companies in disclosing sustainability-related financial information.
    Saudi ArabiaCorporate/Commercial Law
    KPMG
    KPMG
  • Article

    Update On The New Saudi Arabian Companies Law And SAGIA Announcements

    The new Saudi Arabian Companies Law, discussed in our November 2015 Commentary, came into effect on May 2, 2016.
    Saudi ArabiaCorporate/Commercial Law
    Jones Day
    Jones Day
  • Article

    A Case Study | Successful Bilateral Restructuring In Saudi Arabia

    A Saudi‑based company operating in the food production and agribusiness sector was experiencing capital structure pressure driven by liquidity constraints and misalignment between its financing arrangements...
    Saudi ArabiaInsolvency/Bankruptcy/Re-Structuring
    Ankura Consulting Group LLC
    Ankura Consulting Group LLC
  • Article

    Marine Insurance And Liability In Saudi Arabia

    The Kingdom of Saudi Arabia has a robust maritime industry that plays a crucial role in the country's economic development.
    Saudi ArabiaTransport
    Hamad in association with Youssry Saleh & Partners (AHYSP)
    Hamad in association with Youssry Saleh & Partners (AHYSP)
  • Article

    GAC Issues Third Conditional Approval

    In February 2025, the Saudi General Authority for Competition (GAC) granted conditional approval for a transaction. This marks the third time that they imposed remedies, since the Kingdom's new merger control.
    Saudi ArabiaAntitrust/Competition Law
    BREMER LF WLL
    BREMER LF WLL
  • Article

    KSA Introduces New Ultimate Beneficial Ownership Rules

    The Kingdom of Saudi Arabia's new UBO Rules, effective 3 April 2025, require most companies to disclose their UBOs to the Ministry of Commerce. Companies must register UBOs during incorporation...
    Saudi ArabiaCorporate/Commercial Law
    Greenberg Traurig
    Greenberg Traurig
  • Article

    Learn About One Of The Top International Law Firms In Saudi

    If you wish to hire a law firm in KSA, it is very important to select an experienced, reliable law firm that has in-depth knowledge of both Saudi and international laws.
    Saudi ArabiaCorporate/Commercial Law
    Sadany & Partners Law Firm
    Sadany & Partners Law Firm
  • Article

    Marriage And Business In Saudi Arabia: Key Scenarios For Foreign Spouses

    With Saudi Arabia emerging as one of the most powerful investment destinations in the world, through Vision 2030, foreign investors are seeking to open enterprises in the Kingdom.
    Saudi ArabiaFamily and Matrimonial
    Hamad in association with Youssry Saleh & Partners (AHYSP)
    Hamad in association with Youssry Saleh & Partners (AHYSP)
  • Video

    Top Geopolitical Risks 2025 (Video)

    In the current era of unprecedented global change, businesses are navigating several geopolitical risks that can profoundly impact their operations and growth.
    Saudi ArabiaInternational Law
    KPMG
    KPMG
  • Article

    What You Should Know About Arbitration Agreements In Saudi Arabia

    The Saudi law recognizes two types of arbitration agreements – clause-based agreements (included as a clause within the main contract) and stand-alone agreements (entered into after a dispute arises).
    Saudi ArabiaLitigation, Mediation & Arbitration
    Hamad in association with Youssry Saleh & Partners (AHYSP)
    Hamad in association with Youssry Saleh & Partners (AHYSP)

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