Explore the key principles of governance in financial institutions. Discover how robust frameworks drive stability, transparency, and trust within the financial sector. Read the full article for in-depth insights and practical applications. Read on LinkedIn
The Saudi Personal Data Protection Law (PDPL) takes a pivotal step forward in reinforcing data privacy, providing clear, comprehensive guidelines for handling personal data. These regulations enhance transparency and accountability across sectors, ensuring today’s digital landscape respects individuals’ rights while empowering organizations to achieve compliance. Read on LinkedIn
News Alert: Updated Investment Law! We’re pleased to share the new revisions to the Investment Law have been announced, paving the way for enhanced opportunities for investors and businesses. These updates aim to streamline processes, improve regulatory frameworks, and attract more foreign investment. Stay ahead of the curve and discover how these changes can impact …
Saudi Arabia’s New Investment Law: A Strategic Move to Enhance Investor Opportunities Read More »
As the Saudi economy continues to diversify and open up through Vision 2030, the Saudi Exchange (Tadawul) is becoming an increasingly attractive destination for foreign companies looking to expand their reach and tap into new grow of capital. In our article, we delve into the burgeoning trend of foreign companies unlocking new opportunities by listing …
Unlocking Opportunities: Foreign Companies Listing on the Saudi Exchange Read More »
As regulatory landscapes evolve, the General Authority for Competition (GAC) has released the 5th Edition of Merger Review Guidelines, bringing significant updates for businesses engaged in mergers and acquisitions in Saudi Arabia. In our article, we delve into how these new guidelines will shape the market and provide valuable insights to help you stay compliant …
The Saudi Council of Ministers has enacted major updates to the Saudi Labor Law, all part of their push to make the labor market more dynamic and appealing. These changes aren’t just random tweaks—they’re in sync with the ambitious Vision 2030, aiming to drive sustainable development across the Kingdom. In our latest article, our expert, …
News Alert: Updated Investment Law! We’re pleased to share the new revisions to the Investment Law have been announced, paving the way for enhanced opportunities for investors and businesses. These updates aim to streamline processes, improve regulatory frameworks, and attract more foreign investment. Stay ahead of the curve and discover how these changes can impact …
SAMA’s Shariah Governance Frameworks for banks and finance companies ensure robust Shariah compliance, bringing greater transparency and accountability to Saudi Arabia’s Islamic finance sector. Tailored to meet the unique needs of each industry, these frameworks are designed to foster ethical financial practices and strengthen stakeholder trust. Read on LinkedIn
The Saudi Shariah Governance Instructions take the solid foundation established by SAMA’s Shariah Governance Frameworks for banks and finance companies and build on it, ensuring even stronger Shariah compliance across the capital market sector. These new guidelines focus on enhancing transparency, accountability, and ethical financial practices within Saudi Arabia’s Islamic finance industry. They are specifically …
Shariah Governance Instructions for Saudi Capital Market Institutions Read More »
The CMA has approved key amendments to enhance the Saudi sukuk and debt instruments market. These updates simplify processes for issuers, attract broader participation, and support market growth. Read on LinkedIn
🚀 Big News for Saudi Sports Clubs: Draft Regulation Announced! The Ministry of Sports has introduced a draft version of the Basic Regulation for Private Sports Clubs. While not yet in effect, this proposal is a significant step toward privatization and aligning with Saudi Arabia’s Vision 2030. 🏟️✨ What the Draft Regulation Covers: ✅ Alignment with Companies Law 📊 ✅ Frameworks for …
Expected Developments Introduced by the Basic Regulation for Private Sports Clubs Read More »
Saudi Arabia has introduced Ultimate Beneficial Ownership (UBO) regulations under Ministerial Resolution No. (235), reinforcing corporate governance, financial integrity, and regulatory compliance. These rules mandate that companies disclose their UBOs—individuals with at least 25% ownership, board control, or significant influence—ensuring a more transparent business environment. Key Compliance Requirements: ✔ UBO disclosure upon company incorporation ✔ …
KLA Firm offers proactive, cost-efficient, and strategic legal assistance. We help investors looking in the Middle East, we also represent MENA startups and established businesses that operate both domestically and internationally.
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KLA Firm offers proactive, cost-efficient, and strategic legal assistance. We help investors looking in the Middle East, we also represent MENA startups and established businesses that operate both domestically and internationally.