Saudi Arabien

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Aktuelle eAlerts

  •  
    10/09/2024
    International

    CMS Annual Review of English Construction Law Developments: An International Perspective

    We are pleased to announce the publication of the 2024 edition of our internationally focused Annual Review of English Construction Law Developments. The Annual Review summarises key developments in English construction law over the previous calendar year including developments in related common law jurisdictions. The publication has been prepared with our international clients in mind and aims to provide a greater degree of background and analysis than our regular Law-Now alert service.This year’s edition has a strong focus on exclusion and limitation clauses, with more than half of the...
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    20/08/2024
    Saudi Arabia

    Explore investment in Saudi Arabia: the new investment law

    IntroductionAs part of our Explore Investment in Saudi Arabia series, in this article we focus on the new Investment Law[1] (the “Investment Law”), which was published on 16 August 2024, and forms part of one of the goals of Vision 2030 to attract foreign investment to the Kingdom of Saudi Arabia (the “KSA”).The Investment Law is expected to come into force around 16 February 2025 (being 180 days after its publication in the Official Gazette) and will replace the Foreign Investment Law[2] (the “Foreign Investment Law”). Implementing Regulations that will set...
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  •  
    15/08/2024
    Saudi Arabia

    Saudi Arabia's economic transformation: the role of economic cities and special zones

    Introduction:  This article forms part of our Explore the Kingdom of Saudi Arabia  Series. The KSA's ambitious Vision 2030 has ignited a wave of economic diversification and growth. Central to this transformation are the Economic Cities and Special Zones, overseen by the Economic Cities and Special Zones Authority (“ECZA”). Established in 2010, ECZA has played a pivotal role in developing these strategic hubs, expanding its mandate in 2019 to encompass the broader goal of attracting foreign investment. By offering tailored incentives, streamlined regulations, and world-class...
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  •  
    12/08/2024
    UAE

    Playing by New Rules: The Introduction of the Commercial Gaming Regulatory Authority in the UAE

    The UAE’s General Commercial Gaming Regulatory Authority has gone live, with the launch of its public website and the announcement of the award of the first commercial gaming licence. With well-publicised casino resort developments also under way, this represents the first official stage of a new and potentially lucrative industry in the UAE, unique to the wider region.BackgroundIn September 2023, the UAE announced the formation of a new commercial gaming authority called the General Commercial Gaming Regulatory Authority (“GCGRA”) which has been assigned exclusive jurisdiction...
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    12/08/2024
    Saudi Arabia

    Saudi Arabia's Personal Data Protection Law and its implications for data controllers

    As the grace period for compliance with the Saudi data protection law is rapidly drawing to a close, the Saudi Data and AI Authority (“SDAIA”) has published draft rules on the operation of the national register of controllers.Data controllers subject to the Saudi Personal Data Protection Law (“PDPL”) are currently protected by an implementation grace period, but enforcement of the PDPL is due to commence in September this year, meaning the grace period will shortly end and controllers have little time left to complete compliance readiness. Given that the draft rules have...
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  •  
    31/07/2024
    Saudi Arabia

    Explore Investment in Saudi Arabia: Competition Law

    Introduction  As part of our Explore Investment in Saudi Arabia series, in this article we focus on the Competition Law (issued by Royal Decree No. M/75 on 6 March 2019) (the “Competition Law”) and share insights that we have gained from assisting our clients with Competition Law related queries in the Kingdom of Saudi Arabia (“KSA”).Purpose of the Competition LawThe Competition Law aims to protect and encourage fair competition, and to combat and prevent monopolistic practices that affect lawful competition or consumer interest, thereby improving the market environment...
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