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Assigning a Certain Priority Percentage to the National Products Recently, the Ministry of Finance has launched the preliminary draft of the new Governmental Tenders & Procurement Regulations, in order to enhance the principle of transparency and sharing, and for purposes of enabling all private and governmental concerned authorities to review this initial draft, aiming to […]

Development of Departments Specialized in Family Issues The Public Prosecutor Sheikh Saud bin Abdullah Al Moajab explained in his report that the development of specialized departments in the Public Prosecution branches concerned with the family issues will retain confidentiality on one hand, and they will provide each other with the necessary social assistance from guidance

Arbitration as an Alternative Means for Ordinary Courts in Settling Disputes Arbitration now occupies a wide range of attention in the present day in terms of performance and development; as it is considered an alternative means for the judiciary in the settlement of disputes; especially with regard to the commercial and international disputes, which made

Signs of Economic Recession / Is It Time To Apply The Law Of Preventative Settlement from bankruptcy? Given the unstable economic situation inside and outside the Kingdom and the emergence of insolvency with certain companies in general and contracting ones in particular in terms of their capacity to satisfy their obligations on time, we, the

Arbitrary Dismissal of the Employee Achievement of justice and finding a balancing point between the parties of the employment contract is the main objective of all labor Laws around the world. This could be achieved through regulating the contractual relationship between the employer and the employee in an attempt to reduce the autonomy of will

To Combat Organ Trade (A Law on Human Organ Donation Passed) On 19/08/1442 AH corresponding to 01/04/2021 G, a Royal Decree No. (M/70), dated 09/08/1442 AH, has been promulgated sanctioning a law on Human Organ Donation. This law shall come into effect within 90 days from the date of publishing the law in the official

The General Investment Authority adopts the International Standard Industrial Classification Introduction The International Standard Industrial Classification of All Economic Activities is a United-Nations system for classifying economic data, and the International Standard Industrial Classification of All Economic Activities is used on a large scale at the national and international levels in data classification, according to the

Shifting some powers and jurisdictions from the Ministry of Municipal and Rural Affairs to the Ministry of Environment, Water and Agriculture On July 1, 2020G, corresponding to Dhul Al-Qada 10, 1441H, the Saudi Cabinet issued a decision endorsing switching seven powers and jurisdictions from Ministry of Municipal and Rural Affairs (MMRA) to Ministry of Environment,

Financial guardianship over minors to be lifted at the age of 18 The article stipulates that minors shall be placed under financial guardianship until they attain the age of 18, in accordance with what is considered by the jurists as a suitable age for lifting guardianship on minors. Guardianship is lifted upon ensuring adulthood and good disposition

Investment licenses activities In the renaissance and development era, there is no doubt that our beloved Kingdom is at a stage of great transformation; and as we explained in the previous articles, the Kingdom has provided many opportunities for the country’s optimal development, thus opening the foreign investment business opportunities in the country, while organizing