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The Saudi Arabian authorities recently announced that the New Companies Law, a set of new companies regulations approved by the Council of Ministers and the Shura Council earlier this year, will come into effect in May 2016.

In 2017, the Capital Market Authority in Saudi Arabia introduced a new class action regime for claims by shareholders of listed companies in the Kingdom. In this article, we look at the conclusion...

It should be noted that the class action related to the investors before the IPO stage described above.

In a drive to train 6,000 Ministry of Justice (MoJ) employees, which began at the start of 2015, the MoJ announced that 175 employees received training this month in international judicial practices.

Further to the Saudi Arabian Council of Ministers decision in its meeting held on 21 of July 2014, which permitted the Capital Market Authority (the CMA) to allow foreign financial institutions to trade shares...

Saudization is the colloquial term used to refer to Saudi Arabia's official government policy of encouraging the employment of Saudi Arabian nationals in the private sector.

The Saudi government recently unveiled a comprehensive update to the Saudi Companies Law that has been some time in the making.

The Human Resources Development Fund (HRDF), which is an affiliate of the Ministry of Labor (MOL), has proposed a new system to reward companies who meet the Saudization requirements with incentives.

On 15 December 2017, new amended regulations came into force in KSA, and a class action regime is now in force in respect of securities disputes.

Amendments to Saudi Arabia's Companies Law, which came into effect in April 2018, seemingly return a rudimentary concept of standing for shareholder derivative claims to the statute...

The change in leadership in 2015 and subsequent launch of Vision 2030 has led to significant economic and political reforms in the Kingdom of Saudi Arabia.

As per the new Companies Law that came into effect on 2 May 2016 and which we have described in previous updates, single owner LLCs may be formed...

In a move aimed at propelling the debt capital market in the Kingdom of Saudi Arabia ("KSA") to new heights, the Capital Market Authority...

The UAE has introduced a new federal capital markets framework through Federal Decree-Law No. 32 of 2025 on the Capital Market Authority and Federal Decree-Law No. 33 of 2025 Concerning the Regulation of the Capital Market.

As part of Saudi Arabia's ongoing Saudization campaign, the Ministry of Labor (MoL) identified this month 19 jobs that are restricted to Saudi Arabian nationals only.

This year has witnessed remarkable legal developments in the capital markets landscape of the Kingdom of Saudi Arabia.

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)