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Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
Saudi Arabia began implementing its new Enforcement Law and accompanying regulations on Thursday to accelerate the enforcement of financial rights and improve judicial efficiency.
بدأت السعودية رسمياً، الخميس، تطبيق نظام التنفيذ ولائحته التنفيذية، ليسهم في تعزيز الحوكمة والنضج المؤسسي، وتسريع إجراءات إنفاذ الحقوق المالية.
RIYADH —The Commercial Transactions Law keeps pace with developments in the commercial and investment environment through its comprehensive scope and consistency with laws that promote contractual stability and enforceability and protect the interests of…
RIYADH —Custodian of the Two Holy Mosques King Salman has issued a royal decree appointing Sheikh Abdulmohsen Al-Maiouf as deputy head of the Board of Grievances for judicial affairs.
Also reported by Asharq Al-Awsat (opens in a new tab)
King Salman issued a royal decree appointing Dr. Abdulmohsen bin Mohammed Al-Maiouf as vice president of the Board of Grievances for Judicial Affairs, the Saudi Press Agency reported on Thursday.
RIYADH —The Commercial Transactions Law, approved by the Council of Ministers on Oct. 27, establishes a comprehensive legislative framework that, for the first time, consolidates the provisions governing commercial sales, supply sales, commercial agencies…
Saudi Arabia's private sector has identified 20 obstacles to implementing the Kingdom's new commercial registration law, Asharq Al-Awsat has learned, highlighting efforts to streamline regulations and sharpen the business sector's competitiveness.
Key developmentSaudi Arabia has cleared the way for citizens as young as 15 to do business under a sweeping new commercial transactions law, a move aimed at bringing more young entrepreneurs into the economy while strengthening the Kingdom's business regulations.
The Commercial Transactions Law, approved by the Cabinet on Tuesday, permits those aged 15 years to engage in trade, provided they obtain authorization from their guardian or custodian, or from the court.
يشكّل صدور نظام المعاملات التجارية الذي وافق عليه مجلس الوزراء، الثلاثاء، خطوة جديدة في تطوير البيئة التشريعية للأعمال في السعودية.
Saudi Arabia’s Cabinet stressed the key role of countries party to the Makkah Pact in promoting regional stability, the Saudi Press Agency reported Tuesday.