Article 4 of the Finance Companies Control Law and Article 4 of its Implementation Regulations prohibit the carrying out of finance activities without a license from SAMA.

SAMA has also requested that it be informed of any instance where a Public Notary refuses to record a mortgage on a real estate.

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, ..

The Circular reminds financial institutions of the importance of explaining to Customers the nature of Products, their costs, anticipated benefits and risks.

Cases currently adjudicated before the General Courts may not be transferred to the Commercial Courts.

In February 2017, the Ministry of Labor and Social Development issued a guide containing indicative policies regarding work behavioral conduct.

The Commercial Maritime Law consists of 391 articles.

Pursuant to Decision No. 323 dated 15 May 2016 (the "CM Decision"), the Saudi Arabian Council of Ministers approved the creation of the 'National Center for the Measurement of the Performance of Public Agencies' (the "Center").

Pursuant to Resolution number 3-151-2016 dated 21 December 2016, the Saudi Arabian Capital Market Authority issued the Parallel Market Listing Rules (the "Rules").

In an attempt to foster "a fair and attractive arbitration environment, promote the spread of the arbitration culture, based on the highest international benchmarks and standards, and reduce the pressure on the court system", ...

On 27/6/1438 H. (26/3/2017 G.), the Saudi Arabian Minister of Commerce and Investment issued decision number 32565 (the "Ministerial Decision")...

Pursuant to Royal Decree No. M/4 dated 24 November 2015 and to Council of Ministers Decision No. 377 dated 13 June 2016, the Saudi Arabian legislator issued the White Land Tax Law (the "Law") and its implementing regulations (the "Regulations").

The Center will be headquartered in Riyadh and will report directly to the Royal Court.

Unofficial English Translation Of The Implementing Regulations To The Saudi Arbitration Law.

On 19 Rajab 1437 (26 April 2016) , the Ministry of Commerce and Investment and the Capital Market Authority published the draft Rules and Procedures issued pursuant to the Saudi Arabian Companies Law.

The Saudi Arabian Minister of Commerce and Investment recently issued new rules (the "Rules") governing unlisted joint stock companies...

On 10 April 2016 – less than six months following the enactment of the Civil Associations and Institutions Law.

Five years have passed since Saudi Arabia overhauled its arbitration law in 2012. The law which was enacted in that year replaced the previous law which had been in place since 1983.

Saudi Arabia has been a member of the International Maritime Organization since 1969. During the past few months, Saudi Arabia has significantly built up its maritime regulatory framework.

Decisions of the committee may be appealed to the Minister of Commerce and Investment within 15 days from the notification date.