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Saudi Arabia's New Investment Law

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

The New Saudi Special Economic Zones

On 14 April 2023, the Economic Cities and Special Zones Authority (ECZA) announced the launch of four special economic zones (SEZs) in the Kingdom of Saudi Arabia (the Kingdom) to accelerate the diversification of the...more

Changes to the UAE Foreign Ownership Laws

In September 2020, the UAE Cabinet of Ministers (the Cabinet) issued Law No. 26 of 2020 (the Amendment) which amended certain provisions of the UAE Companies Law No. 2 of 2015 (the Companies Law). The amendments include...more

Pharmaceutical Businesses Opening for Foreign Investment

On 15 April 2020, the Cabinet of the Kingdom of Saudi Arabia (“Saudi Arabia”) issued a resolution approving the Pharmaceutical and Herbal Establishments and Substances Regulation (the New Pharmaceutical Law), providing a...more

Africa Bulletin - January 2019

Gas-to-Power in Africa: An Overview of Opportunities and Challenges - WHAT IS GAS-TO-POWER? “Gas-to-power” is a phrase that encompasses a trend of projects which involve directly using gas in power generation. The...more

100% Foreign Ownership to be Permitted in the UAE

This article is a two-part article concerning the foreign ownership restriction (the Ownership Restriction) which is currently in force in the United Arab Emirates (the UAE) and recent announcements from the Cabinet of...more

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