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.
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Saudi Arabia’s markets regulator has proposed giving shareholders more power over listed companies, from demanding in-person assemblies to pushing loss-making firms to publish recovery plans.
Saudi Arabia began implementing its new Enforcement Law and accompanying regulations on Thursday to accelerate the enforcement of financial rights and improve judicial efficiency.
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…
