The Saudi Capital Market Authority (CMA) has announced a landmark reform allowing all categories of foreign investors to directly invest in Saudi-listed companies...

2020 begins just a month into the Saudi Government's new Government Tenders & Procurement Law (GTPL), which came into effect on 1 December 2019,...

The Saudi Council of Ministers (CoM) has recently approved full foreign investments in the transport, recruitment, audio visual and real estate sectors (the Sectors).

In recent years, Saudi Arabia has shifted from an oil-dependent economy to a diversified powerhouse, actively attracting global businesses.

Pursuant to Decision No. 377 dated 13 June 2016 (the "CM Decision"), the Saudi Arabian Council of Ministers approved criteria for the licensing of foreign companies desiring to engage in retail and wholesale trading in Saudi Arabia, ..

On 15 April we wrote about how the government authorities in the Kingdom of Saudi Arabia are collectively working on improving the investment environment by applying international commercial standards...

SAGIA, MoCI, sports and tourism authorities and other entities reformed as ministries, human resources and social development consolidated.

Over the last year, there has been a gradual narrowing of the Capital Market Authority's (CMA) formal Securities Advertisement exemptions, which foreign investment managers had become accustomed...

Vision 2030 seeks to reshape Saudi Arabia and boost what is the Arab world's largest economy.

Tender and Procurement is a process often utilised by governments, which allows them to place specific jobs up for bid to the private sector.

The resolution did not specify whether foreign companies would be required to continue to enter the Saudi market through professional companies or whether other corporate forms would be permitted.

This article describes the regulation of foreign investment and participation in nurseries and primary/secondary schools (Education Institutions) in the Kingdom of Saudi Arabia (KSA)...

Starting January 1, 2024, a new law will prevent international businesses without regional headquarters in Saudi Arabia from contracting with institutions, agencies and funds owned by the Saudi government.

The proposal for the original draft for this amendment came in November of 2017.

The Kingdom of Saudi Arabia has made a significant advancement in its legal framework by enacting the first Civil Transactions Law in the Kingdom (the "CTL") , which came into effect on December 16, 2023.

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...

Lured by the expectation of lucrative government contracts, an ever-increasing number of engineering companies and consultancies from all over the world are operating in the Kingdom of Saudi Arabia.

In August 2024, the Saudi legislator issued the Saudi Investment Law, which includes language that may introduce a more comprehensive FDI review in Saudi Arabia.

The Kingdom of Saudi Arabia ("KSA") has announced sweeping legislative reforms in a bid to increase the efficiency of its judicial institutions...

Foreign direct investment (FDI) regulation across the Middle East continues to develop as part of regional economic reform.