Noff Al Khafaji

Saudi Arabia: Transformation of the Kingdom

Welcome to the Saudi Arabia focus edition of Law Update.

One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.

This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.

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The leading law firm in the Middle East & North Africa region.

Noff Al Khafaji

Senior Associate

Biography

Noff Al Khafaji is a Senior Associate in the Corporate Structuring Department and has over 7 years of corporate structuring experience, working on a variety of corporate and advisory matters for both national and multinational clients.

Noff has experience in advising on all types of corporate and restructuring matters both within and outside of the free zones, with particular expertise in dealing with the Dubai International Financial Centre, including formation of entities, group reorganizing and advising on optimal corporate structures to conduct commercial activities at all stages.

Noff also has experience with advising on corporate laws and regulations including regulatory strategies and compliance. Noff has worked on advising government authorities with regulatory advice in connection with the establishment of free zones and drafting implementing regulations to provide the legislative framework for setting up and regulating corporate entities in such free zones.

Prior to joining Al Tamimi & Company, Noff completed an internship with the Legal Affairs Department of The Rulers Court, Government of Dubai.

Recent Experience

Re-domiciliation of United Arab Shipping Company, which was established by virtue of a treaty between six GCC governments to the Dubai International Financial Centre.
Merger of RAK Free Trade Zone and RAK Investment Authority and assisting with the new free zone structure named RAK Economic Zones, RAKEZ.
Drafting corporate company regulations as well as operating rules for various free zones in UAE.
Group restructuring matters for high net worth clients.
Setting up international law firms within the DIFC.