Foreign investors can now directly invest in public companies that own real estate in Makkah and Madinah, thereby boosting market appeal and liquidity....more
The Saudi Exchange published its guideline manual for foreign companies offering and/or listing on its Main Market. While current capital markets regulations and rules in Saudi Arabia permit such offerings, the lack of a...more
6/5/2024
/ Capital Markets Authority ,
Capitalization ,
Corporate Governance ,
Foreign Corporations ,
Foreign Entities ,
IFRS ,
IOSCO ,
Listing Rules ,
Offerings ,
Regulatory Oversight ,
Saudi Arabia ,
Saudi Stock Exchange ,
Stock Exchange
The updates are part of SAMA’s efforts to promote an innovation-based financial technology ecosystem in the KSA.
Key Points:
..Resubmission of a refused PSPR license application will only be accepted nine months after...more
Government rolls out measures and initiatives to support private sector businesses in the Kingdom during COVID-19.
In response to the COVID-19 pandemic, the government of the Kingdom of Saudi Arabia (the Kingdom)...more
The guidelines are part of Saudi Arabia’s efforts to build out a regulatory framework for an innovation-based financial technology ecosystem.
On 24 February 2020, the Saudi Arabian Monetary Authority (SAMA) issued...more
Saudi Arabia is developing into a sophisticated financial center in the Middle East. As companies are increasingly active in the Kingdom and demand for Sharia’h-compliant financial instruments increases, the Kingdom can...more
Innovative changes address company and investor concerns as Saudi Arabia moves to modernize its corporate legal regime.
On 9 November 2015, the Council of Ministers of the Kingdom of Saudi Arabia approved the...more
12/29/2015
/ Capital Markets ,
Corporate Veil ,
Debt Securities ,
Holding Companies ,
Limited Liability Company (LLC) ,
Preemption ,
Saudi Arabia ,
Shareholder Approval ,
Sharia Law ,
Sukuk ,
Transfer of Interest