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Content Type: Publications Tagged: 'Sahel Mughal'

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Saudi Arabia: New rules for foreign strategic investors

26 July 2019


In summary, the FSI Rules allow foreign strategic investors (FSIs) to own Saudi listed shares directly with the intention of “promoting the financial or operational performance of the listed company” (a Strategic Shareholding). The requirements to...

Fintech in the Middle East - Developments across MENA

31 January 2019


In this report, which updates the report we published in October 2017, we highlight key trends and developments in financial technology (fintech) across 10 different MENA jurisdictions. Fintech continues to transform the delivery of financial services across the...

Saudi Arabia – New Companies Law

21 December 2015


More than a decade in the making, the new Saudi Companies Law will come into force on 2 May 2016. Its provisions will significantly impact the governance of Saudi companies, as well as how new companies will be established. It also presents new opportunities for...

New Saudi Arabian Companies Law

11 November 2015


The Saudi Arabian Council of Ministers has approved the long-awaited new Companies Law 1437H/2015G. The law will come into force within 150 days after publication in the Official Gazette, which is expected shortly. Regulations to implement the law will be issued...

Saudization Update 2011

1 September 2011


The Saudi Minister of Labour recently announced that companies classified as 'red' would be penalised from 26 November 2011. Do you currently comply with the Nitaqat programme? The term "Saudization" refers to the various initiatives of the government...