Legal Framework
From The Report: Saudi Arabia 2018
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This chapter contains an overview of the legal framework in which local and foreign investors operate in Saudi Arabia including a look at the recent restructuring of the insolvency law and an examination of the new reforms and regulations aimed to boost foreign investment into the country.

This chapter contains a viewpoint from Fahad Abuhimed, Managing Partner, Abuhimed Alsheikh Alhagbani Law Firm in cooperation with Clifford Chance.

Articles from this Chapter

Overview

Regulatory updates: New legislation geared towards attracting foreign investment and enhancing job opportunities for Saudi nationals
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In 2017 the Kingdom witnessed a level of regulatory reform and change in the legal landscape unprecedented in its recent history. The Saudi Stock Exchange (Tadawul) has been very active on a number of fronts. Furthermore, a number of ministries have also been considering new laws and regulations with many of these expected to come into force in early and mid-2018. With the aim of consolidating the Kingdom as one of the world’s ten most competitive nations and one of the most lucrative markets…

Viewpoint

Clear vision: Fahad Abuhimed, Managing Partner, Abuhimed Alsheikh Alhagbani Law Firm in cooperation with Clifford Chance, on reforms to expand the private sector
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Viewpoint:Fahad Abuhimed The past year has seen an unprecedented wave of regulatory and legal reform within Saudi Arabia. While these reforms were expected following the unveiling of the National Transformation Programme and Vision 2030 by Crown Prince Mohammed bin Salman Al Saud in early 2016, it is the pace at which these changes are coming to fruition that is surprising many commentators. All ministries and regulatory bodies have continued to commit significant resources and manpower to…