The Civil Transactions Regulation (the “CTR”) was promulgated on 18 June 2023 and entered into force on 16 December 2023. The CTR was conceived as one of four key reforms announced in February 2021 to enhance the general...more
1/5/2024
/ Breach of Contract ,
Contract Termination ,
Contract Terms ,
Dispute Resolution ,
Force Majeure Clause ,
Good Faith ,
New Regulations ,
Penal Code ,
Personal Status Law ,
Regulatory Agenda ,
Sales ,
Saudi Arabia
The impact of the coronavirus outbreak, now officially named “Covid-19”, on businesses in the Middle East is already being felt; the recent G20 summit hosted in Riyadh, Saudi Arabia discussed economic consequences, government...more
3/3/2020
/ Contract Negotiations ,
Contract Terms ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Infectious Diseases ,
Notice Requirements ,
Preservation of Rights ,
Public Health ,
Recordkeeping Requirements ,
Risk Mitigation ,
Supply Chain