White Collar Crime
White collar crime Our litigation team has represented high-profile individuals and companies in defending a range of white-collar crime allegations, including multi-jurisdictional investigations and actions. In a landmark case, we successfully defended our client in relation to allegations of breaches of the Anti-Concealment Law, which prevents foreigners from conducting business activities in Saudi Arabia without […]
Vision 2030
Vision 2030 The ambitious roadmap outlined in Vision 2030 created enormous opportunities over a wide range of sectors, led by Vision Realisation Offices across the spectrum of government entities. Privatisation has formed a core part of the Vision, with sectors ranging from education, healthcare, and transport undergoing rapid developments in private sector participation. The impetus […]
Online Training
Online Training Through our strategic investment in KLD, we offer our clients access to a dedicated online training and learning system – Maraam.io – which provides online video courses on legal and business topics. You may request bespoke online training sessions on a particular issue, which can then be used repeatedly for your internal training needs, or access […]
Healthcare
Healthcare The impact of the global COVID-19 pandemic has served to highlight the importance of the healthcare sector in the Kingdom of Saudi Arabia, and globally. The healthcare sector has long benefited from a substantial share of the Kingdom of Saudi Arabia’s budget, with over SAR167 billion earmarked for healthcare in the 2020 budget. Of […]
Fintech
Fintech KSA regulators have recently allowed several supervised experimentations in FinTech products and services as part of a number of pilot projects. For example, in February 2018, the Saudi Arabian Monetary Authority (“SAMA”) permitted banks to engage in a pilot programme to test out the use of Ripple’s instant cross-border payment settlement blockchain mechanism; in […]
Energy and Utilities
Energy and Utilities Coverage of the Saudi energy and utilities sectors tends to focus on the forthcoming IPO of Saudi Aramco, but there are a number of other initiatives that are relevant both to regulatory projects and to investment opportunities for foreign and local players. Renewable Energy A key objective of Vision 2030 and the […]
Chemicals
Chemicals The NICDP has identified ‘Chemicals’ as one of five high-growth-potential, export-oriented industries to be part of its Industrial Clusters programme, intended to drive initiatives such as Saudi Vision 2030’s goal of diversifying the economy and increasing the manufacturing share of GDP. The inclusion of chemicals is not surprising, as the Kingdom of Saudi Arabia’s […]
Banks
Banks The banking sector in Saudi Arabia is regulated by SAMA. In order to carry on banking business (a term that is widely defined by SAMA and includes deposit taking, foreign exchange transactions, and “other banking business”) in the Kingdom of Saudi Arabia, an entity must be licensed by SAMA and be either a local […]
Automotive
Automotive Industry in Saudi Arabia Saudi Arabia is one of the largest automotive markets in the Middle East, accounting for approximately 40% of total vehicle sales in the region. The automotive market in Saudi Arabia is forecast to increase further in size due to a number of factors, including permission for women to drive as […]
Industrials
Industrials There are several initiatives in the Kingdom of Saudi Arabia designed to diversify the economy away from its dependence on oil and increase the contribution of manufacturing to GDP. The National Industrial Development and Logistics Program (“NIDLP”) In January 2019, the NIDLP was launched with the goal of “transforming Saudi Arabia into an industrial […]
