Currently, Saudi Arabian law permits foreign direct investment in engineering consultancies operating in the private sector only through a professional company licensed by the Ministry of Commerce and Industry ("MOCI")....more
8/17/2017
/ Engineering ,
Foreign Corporations ,
Foreign Direct Investment ,
Foreign Investment ,
Foreign Subsidiaries ,
Infrastructure Financing ,
Joint Venture ,
Licensing Rules ,
MOCI ,
SAGIA ,
Saudi Arabia
On Monday, June 5, 2017, Bahrain, Egypt, Libya's eastern region-based government, the Maldives, Saudi Arabia, United Arab Emirates ("UAE"), and the internationally recognized government of Yemen severed ties with Qatar,...more
6/8/2017
/ Africa ,
Bahrain ,
Banking Restrictions ,
Egypt ,
Foreign Relations ,
Jordan ,
Libya ,
Mauritius ,
Middle East ,
Qatar ,
Saudi Arabia ,
Terrorism Funding ,
Trade Relations ,
Travel Restrictions ,
United Arab Emirates (UAE) ,
Yemen
On 29 January 2017, the Saudi Minister of Labor issued Resolution No. 50945 ("Resolution") restricting termination of groups of Saudi employees for redundancy. This significant development comes at a time when many employers...more