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.Read the edition
Although the banking industry has had its challenges in recent years, Al Tamimi maintains a thriving Banking & Finance practice which has strengthened over the past few years. We serve local, regional and international clients and service a strong demand for the sophisticated services that we provide in tandem with extensive local knowledge and experience. As such, our Banking & Finance practice has excellent market penetration and advises a majority of the local and international banks and companies on their finance operations and activities across the GCC.
Our 30 lawyer Banking & Finance practice across our offices combines individuals with a true understanding of regional practices and those who have extensive international experience. The practice is truly full service, with our expertise ranging from regulation and licensing of financial institutions, product development, transactional finance, funds, debt capital markets, project finance and debt recovery. We also help banks be banks with our day to day support on local law banking issues.
The success of our regional practice is reflected in our appointment on a number of the most high profile transactions in the region. Below we provide a recent snapshot of the deals our department has been working on:
Head of Banking & Finance
Jody Glenn Waugh
Head of Jordan & Iraq offices
Head of Kuwait office