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61 - 70 from 3224 . In "Opinion"
Nasser Alrubayyi, Managing Partner (KSA), Co-Chair Middle East & North Africa Practice, Quinn Emanuel Urquhart & Sullivan LLP.
Shifting sands: Navigating regulations in Saudi Arabia's construction boom
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

GCC Arbitration
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

Rajah Abli Blay.
Saudi Arabia: The emerging cultural powerhouse shaping global soft power dynamics
By Rajah Abli Blay*In today's interconnected world, the concept of soft power has become increasingly crucial in shaping global relations and influence. Defined as the ability to attract and co-opt rather than coerce, soft power is a nation's ability to wield influence through cultural, ideological, and institutional means. Among the shifting landscapes of global politics, the Middle East is emerging as a focal point for the projection of soft power, with Saudi Arabia poised to become the next big cultural powerhouse.Through my extensive experience in reputation management, I have witnessed firsthand the significance of soft power in shaping international perceptions and relations. My previous role involved managing governments' reputations, aiming to promote their cultural and...
May 19, 2024

Saudi Arabia: The emerging cultural powerhouse shaping global soft power dynamics

Avoiding contractual disputes
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

Board of Directors & corporate governance
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

Jordan: The Muslim Brotherhood's Agitation and Sisyphus' Boulder
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

Naif Al-Roumi.
Why do education reform strategies often fail?
Education is a fundamental factor in enhancing the quality of life and serves as a crucial tool for full societal integration, especially in culturally diverse societies. The demand for education has surged, driven by the quest for high-quality education that equips students with advanced skills and up-to-date knowledge.A major driver behind the push for education reform is the evolving labor market, accelerated technological advancements, and the rise of artificial intelligence. Consequently, countries worldwide are initiating medium- and long-term strategic projects aimed at developing, reforming, or enhancing education. Despite varying nomenclatures, the underlying goal remains consistent: to provide high-quality teaching and learning experiences.Specialists and followers of educational...
April 01, 2024

Why do education reform strategies often fail?

Saudi Arabians remain unfazed by the 'buzz' of fools
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

We have celebrated Founding Day for three years - but it has been with us for 300
Perhaps the most endearing thing about Founding Day is the fact that it feels like something which has always been with us. But of course it will only be the third year that Saudis have celebrated this holiday.I think the reason for such familiarity is the fact it has helped to anchor us securely in our past by going down memory lane and remembering who we are.It binds us to the foundations our great nation is built on, making us feel blessed, firstly for the safety and security we are able to enjoy because of this.I believe Saudi Arabia’s greatest strength is its ability to embrace both the past and the future, to stay true to our traditions while welcoming those of others from around the world.We do this better than any other nation on earth - it’s something we have seen in the...
February 22, 2024

We have celebrated Founding Day for three years - but it has been with us for 300

Why is FinTech flourishing in Saudi Arabia?
Saudi Arabia, under its Vision 2030 and Financial Sector Development Program (FSDP) — with the FinTech strategy approved in May 2022 as its fourth pillar, aims to become a cashless society with a target of 70% by 2030. It also aims to make the Kingdom a global FinTech hub that attracts entrepreneurs from around the world as well as within the country.FinTech Saudi was established in 2018 as an ecosystem builder and catalyst under the supervision of the country's financial regulators, SAMA (Saudi Arabian Monetary Authority) and CMA (Capital Market Authority), to lay the foundation and further accelerate the sector's success journey. This initiative has led to an increase in the number of FinTech startups to 207 in 2023, up from only 10 in 2018—an increase of 20.7 times in five...
February 07, 2024

Why is FinTech flourishing in Saudi Arabia?

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