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
Following last month’s announcement by the Saudi Arabian Capital Market Authority (the CMA) of its proposal to permit participation by qualified financial institutions directly on the Kingdom’s stock exchange (the Tadawul),...more
Proposal brings the Kingdom’s robust stock exchange closer to major international financial institutions.
Following on from last month’s announcement by the Saudi Arabian Capital Market Authority (the CMA) that it...more