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In "Opinion"
June 28, 2024
Vision 2030: Pioneering progress and transformation in Saudi Arabia
June 18, 2024
Saudi Arabia's success in organizing Hajj 2024
June 07, 2024
Italy and Saudi Arabia: Celebrating a historic partnership
June 07, 2024
Embracing change: A journey towards inner peace
May 28, 2024
Saudi Arabia healthcare evolution: Balancing challenges and breakthroughs
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