On 9 July 2025, the Capital Market Authority (the “CMA”) has announced a series of significant regulatory enhancements aimed at furthering the development of the Kingdom’s investment fund industry. These amendments, effective...more
7/31/2025
/ Asset Management ,
Capital Markets ,
Disclosure Requirements ,
Fee Caps ,
Financial Regulatory Reform ,
Fund Managers ,
Investment Funds ,
Investor Protection ,
New Regulations ,
Private Funds ,
Real Estate Development ,
Real Estate Investments ,
Regulatory Requirements ,
REIT ,
Reporting Requirements
On 27 January 2025, the Saudi Capital Market Authority (“CMA”) approved the ‘Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi) in accordance with...more
On 6 August 2024, the Council of Ministers approved amendments to the Kingdom of Saudi Arabia (“KSA”) Labor Law and its Implementing Regulations. These will come into force on 19 February 2025, 180 days after being published...more
9/13/2024
/ Compliance ,
Employee Benefits ,
Employee Training ,
Employment Contract ,
Federal Labor Laws ,
Jurisdiction ,
Maternity Leave ,
New Amendments ,
Paid Leave ,
Penalties ,
Popular ,
Probationary Period ,
Saudi Arabia ,
Wages
On August 11, 2024, the Kingdom of Saudi Arabia (the “Kingdom” or “Saudi Arabia”) issued the new Investment Law, pursuant to Royal Decree number M/19 (the “New Investment Law”), which is intended to replace the Foreign...more
On May 20, 2024, the Ministry of Human Resources and Social Development (“MHRSD”) in collaboration with the Ministry of Municipal Rural Affairs and Housing announced their goal of increasing the Saudization ratio in the...more