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In "Opinion"
By Nasser AlrubayyiManaging Partner (KSA), Co-Chair Middle East & North Africa Practice, Quinn Emanuel Urquhart & Sullivan LLPAs Saudi Arabia aims to become a global hub for commercial enterprise, the ability of businesses to adapt to the rapidly evolving landscape often determines their success or failure. Giga projects like NEOM, Diriyah, Qiddiya, and the Red Sea Development Project have captured the attention of global investors and industry leaders, signaling an era of unprecedented growth and opportunity. However, access to adept legal support can make or break your commercial ambitions in Saudi Arabia, especially in the construction sector.Shariah Law and Regulatory FrameworksSaudi Arabia's legal system is deeply rooted in Sharia law, which influences all commercial regulations...
May 28, 2024
Shifting sands: Navigating regulations in Saudi Arabia's construction boom
The GCC Commercial Arbitration Centre celebrated its 30th anniversary, established by the rulers of the Gulf States. The event, attended by more than 500 legal figures from the Gulf, Arab, and international communities, was led by Sheikh Khalid Al Khalifah on behalf of the event's patron, Prince Salman bin Hamad, Crown Prince of the Kingdom of Bahrain.Khaled Al-Senaidi, the Assistant Secretary-General for Economic and Development Affairs at the General Secretariat of the GCC, along with Saleh Al Sharqi, Chairman of the Board, and Dr. Kamal Al Hamad, Secretary-General, delivered important speeches about the center's history and its significance.Dr. Al Hamad emphasized the center's vision, focusing on Gulf arbitrators and experts, and highlighted its achievements through various...
May 19, 2024
GCC Arbitration
May 19, 2024
Saudi Arabia: The emerging cultural powerhouse shaping global soft power dynamics
A successful contracting project requires collaboration among all parties to achieve the common goal of stakeholders, whether they are public or private sector owners, contractors, legal consultants, or engineers, starting from the planning stages through decision-making and execution to project delivery.Each stakeholder should have specific responsibilities to enhance productivity and awareness of project tasks, leading to fewer disputes.The construction sector, including building and infrastructure, is a complex architectural field where engineers and contracting companies collaborate despite differing profit goals, capacities, talents, skills, and experiences, aiming to complete the project on time, within budget, and according to quality standards set by the owner or...
May 06, 2024
Avoiding contractual disputes
A basic principle of corporate governance (CG) relates to the Board of Directors of the company, wherein the company shall be headed by an effective, collegial, and informative Board of Directors. You, as an executive or board member, need to ask yourself, where do we (as a company) stand in this?To achieve the ultimate goal and rationale of corporate governance, all members of the Board of Directors should understand the exact role and responsibilities of the Board as stipulated, inter alia, in the Company Law, the Articles & Memorandum of Association of the company, the corporate culture, and the corporate governance code.The outcome of this, in particular, highlights that the role of the Board is different from the role of the shareholders of the company (whose interests the Board...
April 16, 2024
Board of Directors & corporate governance
A quick search into the shadowy hands behind every disturbance, especially in stable and secure countries like Jordan, reveals the Muslim Brotherhood as the culprit. The Brotherhood members swap roles among their groups across various Arab nations. It's evident that the recent uncontrolled protests in Jordan are incited by the Brotherhood, who are inevitably responsible for the Palestinians' plight in Gaza and the West Bank, due to ongoing Israeli attacks since October 7, 2023.This role-swapping was witnessed everywhere the Brotherhood meddled, disrupting the peace and stability of several Arab societies. Their incitement tactics fail to achieve their ultimate goal of seizing power; in Egypt, Sudan, Tunisia, and Jordan.Post October 7, 2023, they've been fracturing the...
April 05, 2024
Jordan: The Muslim Brotherhood's Agitation and Sisyphus' Boulder
April 01, 2024
Why do education reform strategies often fail?
In every era, a faction of "wily, troubled individuals" emerges, regrettably some of them Arabs. Their primary concern is to belittle, demean, and undermine others, casting governments and peoples in the light of "lies and fabrications."During the 1970s and 1980s, this group's favorite accusation was labeling the Gulf, specifically the Saudi, policy as "petrodollar politics." In London, "extortionists," primarily from the northern Arab regions, falsely and maliciously called themselves "journalists," and published yellow newsletters and frail magazines, believing that defaming Saudi Arabia and the Gulf states, or what they derogatorily called "desert Bedouins," was a shortcut to the petrodollar wealth. Naturally, these...
March 07, 2024
Saudi Arabians remain unfazed by the 'buzz' of fools
February 22, 2024
We have celebrated Founding Day for three years - but it has been with us for 300
February 07, 2024
Why is FinTech flourishing in Saudi Arabia?
