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Guide on Tax Regulation in the GCC Introduction: Gulf co-operation council is the abbreviated form of GCC. It came into force in 1981. It is the union of all Arab state except Iraq and UAE is one of its member states. Saudi Arabia has head first a proposal to make…
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The Legal Framework for the Transportation of Oil and Gas is similar and is predicated only upon a Short-Term Contract Introduction The O&G business has regularly witnessed extensive discussions about the decrease in the term of the natural gas contracts, and many have encountered different unforeseen results which relate to…
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A Guide to Information Security and Data Protection Laws in GCC Countries New challenges have arisen with the technological development along with the social and economic globalization. It can be said that our entire personal data is being stored in the gadgets we use. Internet today has brought millions of…
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Company Formation in Saudi Arabia Introduction The Saudi Arabia company law recognized four types of business entities: the joint stock company, the limited liability company (LLC), the partnership as well as the branch of a foreign company. To procure the status of a shareholder, the foreign individual or entity must…
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Differences between EPC and Design-Build delivery- English Law compared with GCC Any manufacturing company primarily delves on the basics of production efficiency, innovation, cost management and time to market which are the critical factors for achieving a competitive advantage. The company needs to achieve its business strategy, and thus a…
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The Kingdom of Saudi Arabia’s new Commercial Mortgage Law of 2018 The Kingdom of Saudi Arabia declared a new commercial mortgages law (the "New Law") by the Royal Decree Number M/86 dated 08/08/1439H (which corresponds to April 24, 2018) and by the Council of Ministers Resolution Number 426 of the…
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A Global Purview of Counter-Terrorism Efforts With nearly 41% of all terrorist attacks resulting in casualty, and a dramatic increase in public targeted incidents, governing bodies representing both domestic and international interests alike have invested countless resources into better understanding why terrorism occurs, and how legislatively, it can be stopped.…
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A Guide to Saudi Employment Law 2018-2019 Contents 1. The Legislative framework 2. Contracts 2.1. Work contracts 2.2. Qualification and Training Contract 3. Probation period 4. Working hours, Leaves and Wages 4.1. Working hours 4.2. Wages 4.3. Leave 5. Disciplinary matters 6. Rights of an employee when an Undertaking…
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Врачебная халатность в странах залива. Виллес Дж.: «Халатность - это негативное слово. Это отсутствие заботы, умения и усердия, поскольку привлечение к выполнению работы всегда считалось обязанностью человека.» Вступление. Работа в медицине является одной из самых престижных и уважаемых профессий. Отношения между пациентом и врачом основаны на доверии и вере. Джордж Бернард Шоу сказал: «Мы не…
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Срочные меры и ускоренные разбирательства в арбитражном суде. Вступление. На выполнение трудных задач практически всегда не хватает времени. Особенно,когда сроки уже подходят к концу, а цели еще не достигнуты – это еще больше разочаровывает. Такие же ситуации встречаются в моменты судебных разбирательств. Дела, представленные в суд, часто бывают сложными, поскольку…
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Консолидация экономического статуса Вступление В связи с глобальными изменениями, особенно на Ближнем Востоке, люди сталкиваются с рядом экономических проблем. Большинство стран Ближнего Востока являются развивающимися, стремящимися консолидировать свое финансовое положение в регионе, а также в мире. Это бесконечная гонка экономического роста, поскольку каждая страна выглядит как сильная экономическая держава. Поскольку победитель…
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A Guide to Non-compete Clauses in the Middle East Introduction Non-compete clauses are sometimes incorporated into the contracts of employees to ensure the security and protection of the employer if an employee decides to move to another company. When working for an entity, individuals will likely pick up on and…
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Examining Project Financing issues and Regulations Introduction Driving through Dubai one is inundated with the view of cranes and construction sites, however, if a closer look is taken it becomes increasingly more evident that many, if not most of these sites are inactive and the buildings are left skeletons of…
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Implementation of ISIC Regulations in Saudi Arabia Saudi Arabia. A Time of Change Saudi Arabia is going through a lengthy and extremely wide-reaching change in its regulations and general overall economic standing. These plans often referred to as the National Transformation Plan and Vision, is set to reach fruition…
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