On 28 June 2022, the Saudi Cabinet of Ministers approved the New Companies Law, and it was published in the official gazette (Umm Al Qura newspaper) on 4 July 2022 pursuant to Royal Decree No. (M/132) dated 01/12/1443H (the “New Law”). We anticipate that the New Law will ...
Saudi Arabia issued a newCompanies Lawon 4 July 2022, following approval by the Saudi Cabinet on 28 June 2022, replacing the previous law of 2016. It covers all types of company, whether commercial, professional or non‑profit. Under the new law, small or micro companies are exempted from...
New Saudi Companies Law ApprovedMarwan ElarabyDr. Sultan AlmasoudSanjarbek AbdukhalilovIain ElderBrendan Hundt
On August 11, 2024, the Kingdom of Saudi Arabia unveiled a new Investment Law,1which repeals the existing Foreign Investment Law2(“New Investment Law”) to enhance attraction of international investments and equality between domestic and foreign investors. The New Investment Law will take effect ...
On 22 November 2022 Saudi Arabia approved Trade Remedies in International Trade (Trade Remedies Law), setting out provisions for anti-dumping, countervailing (anti-subsidy) and safeguard investigations, as well imposing trade remedies on imports.
The New Law permits the taking of security over a specified share of an indivisible asset. A security may be taken over a shareholder's ownership interest in the share capital of a limited liability company. Pursuant to the Saudi company regulations, the recourse of the security holder will, ...
JEDDAH: The Saudi Cabinet has unveiled plans to privatize 16 key industries in a move aimed at boosting the private sector’s involvement in the development of the Kingdom’s economy. The initiative, part of the country’s new private sector participatio
Saudi Arabia has passed new legislation to help increase private sector involvement in the economy. On 16 March 2021 the Council of Ministers passed the Private Sector Participation Law, creating a better framework for both foreign and domestic investors
12/14/2022 NOTICE OF CASE REASSIGNMENT TO JUDGE MARY KAY VYSKOCIL. JUDGE EDGARDO RAMOS IS NO LONGER ASSIGNED TO THE CASE. (AEA) (ENTERED: 12/14/2022) Alayan et al v. Permanent Mission of Saudi Arabia to the United Nations U.S. District Courts | New York Southern District Court |...
Speech SDK 1.24.0: October 2022 release New features All programing languages: AMR-WB (16khz) added to the supported list of Text to speech audio output formats Python: Package added for Linux Arm64 for supported Linux distributions. C#/C++/Java/Python: Support added for ALAW & MULAW direc...