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Al Madani & Co. Law Firm & Legal Consultants Recent Amendments to the Implementing Regulations of the Patent Law in the Kingdom of Saudi Arabia The Board of Directors of the Saudi Authority for Intellectual Property issued Decision No. (02/32/2024) dated 10/04/1446 AH, approving amendments to the Implementing Regulations of the Law on Patents, Layout […]

Al Madani & Co. Law Firm & Legal Consultants Promissory Notes as an Alternative to Bank Guarantees: A Business Perspective In the fast-paced business world, companies are constantly seeking flexible and efficient financial solutions. Among these solutions, promissory notes stand out as a practical alternative to bank guarantees, especially in situations where providing such guarantees

Al Madani & Co. Law Firm & Legal Consultants Promissory Notes as an Alternative to Bank Guarantees: A Business Perspective In the fast-paced world of business, companies are constantly seeking flexible and efficient financial solutions. Among these solutions, promissory notes stand out as a practical alternative to bank guarantees, especially in cases where it may

Al Madani & Co. Law Firm & Legal Consultants Legal Penalties for Non-Payment of Debt in Saudi Arabia: A Comprehensive Guide for Debtors The failure to repay debt in the Kingdom of Saudi Arabia is considered a serious legal matter and may result in severe consequences, including asset and property seizures, travel bans, and even

Al Madani & Co. Law Firm & Legal Consultants The Personal Data Protection Law in Saudi Arabia: A Step Towards a Safe and Reliable Digital Environment With the full enforcement of the Personal Data Protection Law in the Kingdom of Saudi Arabia approaching next month, the Kingdom is taking a critical step toward safeguarding individuals’

Al Madani & Co. Law Firm & Legal Consultants The New Saudi Specifications and Quality System: Analysis of Key Provisions and Primary Objectives With the New Saudi Specifications and Quality System nearing implementation, it has become essential for businesses and industries to understand the legal provisions affecting local and imported products, whether sold in traditional

Al Madani & Co. Law Firm & Legal Consultants Limited Liability Companies in Saudi Arabia: A Comprehensive Legal Framework Limited Liability Companies (LLCs) are among the most prominent legal entities preferred by investors in Saudi Arabia, offering protection for personal assets of partners and flexibility in formation and management. With ongoing developments in Saudi commercial

Al Madani & Co. Law Firm & Legal Consultants Pre-Contractual Negotiations Under the Saudi Civil Transactions System: Towards Greater Transparency and Stability In light of recent legal developments, Saudi Arabia’s new Civil Transactions System marks a significant shift towards enhancing transparency and trust in pre-contractual negotiations. This system introduces several tools and principles aimed at

Al Madani & Co. Law Firm & Legal Consultants Legal Remedies for Unpaid Debts in Saudi Arabia: Understanding the Legal Framework and Available Procedures Unpaid debts and their collection have become a significant challenge in Saudi Arabia, affecting individuals, government entities, and private businesses. Creditors face increasing difficulties in recovering their funds due to debtors