Following numerous global and regional socio-economic and political developments, the Kingdom of Saudi Arabia has been going through a policy and legislative overhaul. Indeed, the past few months have seen the issuance of new legislation and amendments to Saudi Arabian regulations, including, most notably, the Companies Regulations and...
This chapter contains an overview of the legal framework in which local and foreign investors operate, including a breakdown of new company and investment reguations and a look at the increasing emphasis on corporate governance.
This chapter contains a viewpoint from Zeyad Khoshaim, Managing Partner, Khoshaim & Associates.
2016 witnessed the launch of the Kingdom’s historic Vision 2030 and the accompanying National Transformation Programme, both of which call for a major overhaul of the state’s economic apparatus and envision a more open market framework and more dynamic, private sector-led growth moving ahead.
The Moroccan economy has been opening up for several years now, illustrated by the development of new sectors such as aerospace and automotive construction. Distribution methods and consumption have also evolved, with the emergence of supermarkets with their own business and marketing practices. In addition, multinational companies’...
The implementation of the various constitutional reforms of 2011 continues, including many significant changes related to civil society’s participation in political debates. In this regard 2016 constituted an important milestone. At the local level, Organic Law No. 111-14, relating to the regions, which entered into force on February 18th,...
On October 22, 2016, Morocco will welcome the 22nd Conference of the Parties (COP22), the supreme decision-making body of the 1992 UN Framework Convention on Climate Change (UNFCCC). The ultimate objective of the UNFCCC is to “achieve stabilisation of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous...
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