On 21 December 2016, the Capital Market Authority of Saudi Arabia approved the Parallel Market Listing Rules, thereby establishing the Parallel Market, an alternative market to the Main Market of the Saudi Stock Exchange (Tadawul).

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.

As a result of the crash in oil prices in mid-2014, the Saudi government was forced to cancel projects and delay payments to some of the private sector companies...

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