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Kingdom of Saudi Arabia
This month’s Law Update shines a spotlight on Saudi Arabia, where legal and regulatory reforms under Vision 2030 are reshaping key industries, including construction, real estate, and corporate governance.
We feature an in-depth case study on subcontractor rights in public procurement, a critical area as public projects drive the Kingdom’s growth.
The edition also explores the Saudi and Kuwaiti Civil Codes and Companies Laws, comparing core principles of corporate structures, company formation, and subcontractor arrangements to provide practical insights for businesses operating across borders.
2025 is set to be a game-changer for the MENA region, with legal and regulatory shifts from 2024 continuing to reshape its economic landscape. Saudi Arabia, the UAE, Egypt, Iraq, Qatar, and Bahrain are all implementing groundbreaking reforms in sustainable financing, investment laws, labor regulations, and dispute resolution. As the region positions itself for deeper global integration, businesses must adapt to a rapidly evolving legal environment.
Our Eyes on 2025 publication provides essential insights and practical guidance on the key legal updates shaping the year ahead—equipping you with the knowledge to stay ahead in this dynamic market.
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Biography
Omar Alhumaid is a Partner in the corporate practice in Riyadh.
Omar is a Saudi qualified lawyer, prior to joining Al Tamimi and Company Omar has completed his training with a leading international law firm. He was part of the Corporate team involved in advising national and multinational companies and foreign investors.
Recent Experience
- Advising foreign investors on the proposed corporate structure for their operations in KSA and incorporating the same.
- Advising a semi governmental entity in Jubail, In respect of a due diligence report for telecommunication infrastructure project.
- Advising the Ministry of Municipal & Rural Affairs (MoMRA) in relation to developing their investment contracts.
- Representing multinational optical company in the acquisition of a stake in a Saudi optical group.
- Represented a US company on a multi million sale and purchase agreement, also involved on drafting the agreement and the promissory note.
- Advising Platinum Equity Advisors in relation to the acquisition of Johnson & Johnson’s LifeScan business in Saudi Arabia.
- Assisting on reviewing and drafting the articles of associations for one of Aramco’s largest JV in the Eastern Province.
- Assisting multinational Information Technology Company in the acquisition of a KSA based IT company and assisting in carrying out the legal due diligence work.
- Advising UK educational institutions on the restructuring of their JV in KSA.
- Assisting McAfee on their spin off from Intel and representing them in KSA.
Language(s)
- Arabic
- English
Education
2016 – International Commercial Law LLM, University of Leicester
2014 – Business Law LLB (Hons), De Montfort University
Admission
Ministry of Justice Practicing License
Practice(s)
Insights
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