by Majed Zantout | Feb 1, 2024 | New Regulations
New Opportunities for Foreign Talent and Investors The Kingdom of Saudi Arabia is actively pursuing its ‘Vision 2030’ Initiative, which aims to transform its economy by diversifying away from oil and implementing comprehensive reforms in the commercial,...
by Majed Zantout | Dec 18, 2023 | New Regulations
Demystifying of The New Civil Transaction Law As we approach the end of 2023, one of the most significant legal events is set to unfold in the Kingdom; namely, coming into force, a new law known as the Civil Transactions Law (Civil Code). This legislative development...
by Majed Zantout | Dec 13, 2023 | New Regulations
Download (PDF) Introduction The Law not only defines at length the right of ownership of movable and immovable properties but also states restrictions upon the owner and others while exercising their rights. The section covers issues related to ownership,...
by Majed Zantout | Nov 29, 2023 | New Regulations
Download (PDF) Introduction One of the popular forms of investments in the region is Mudarabah or Profit-Sharing Contract wherein a capital owner provides capital to an entrepreneur and the profit generated is shared between the parties. Many people prefer...
by Majed Zantout | Nov 15, 2023 | New Regulations
Download (PDF) Introduction Lease Agreements are very common and cover not only movable and immovable properties but also benefits and rights that can be used, utilized and exploited. A properly drafted and well-executed lease agreement protects the rights of...
by Majed Zantout | Nov 13, 2023 | New Regulations
Download (PDF) Introduction Sale purchase agreements are common for numerous transactions covering movable and immovable properties. The Civil Transactions Law deals with issues surrounding the sale purchase transactions in a greater detail and fill in the gaps...
