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BCLP

Real Estate Ownership by Non-Saudis - Law Now Published

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Following our earlier note on 8 July, Saudi Arabia has now published the Law on Real Estate Ownership by Non-Saudis (the New Law). It will come into force in January 2026 and will repeal the earlier Law on Real Estate...more

BCLP

Saudi Cabinet Approves New Law Expanding Foreign Ownership Rights in Real Estate

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On 8 July 2025, the Saudi Cabinet approved a new real estate law (the “New Law”) that will significantly expand the ability of foreign individuals and entities to own property in the Kingdom....more

K&L Gates LLP

Doing Business in Australia

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Australia welcomes new business and foreign investment by providing a strong economy, a stable political environment and a skilled and talented workforce. Our comprehensive guide to Doing Business in Australia has been...more

Akin Gump Strauss Hauer & Feld LLP

New Amendments to the UAE Commercial Companies Law of 2015 – 100% Foreign Ownership and Other Changes

In November 2020, we released a client alert (available here) outlining significant amendments to the U.A.E.’s Companies Law that were yet to take effect at the time of writing. Most importantly, these amendments were to...more

K&L Gates LLP

Amendments to UAE Companies Law – Update on Foreign Direct Ownership and Investment in the UAE

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In our previous client alert, we reported that certain key changes were introduced to the United Arab Emirates (UAE) Commercial Companies Law No. 2 of 2015 (Companies Law). The text of the Federal-Decree Law No. 26 of 2020...more

K&L Gates LLP

Update on Foreign Direct Ownership and Investment in the UAE

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Introduction - On 23 November 2020, Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), issued a decree overhauling the rules relating to foreign ownership of companies in the UAE (the Decree) by...more

K&L Gates LLP

Changes to Foreign Ownership and Visa Rules Announced

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At a meeting of the Cabinet of the Council of Ministers of the United Arab Emirates (“UAE”), the UAE Government decided to allow foreign investors to own 100% of their businesses in the UAE and approved sweeping changes to...more

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