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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Ministry of Tourism and Antiquities Decree no. 304 of 2021 provides that tourism companies that fall under category (A or C) are required to install tracking devices in their vehicles in accordance with the technical specifications within the framework plan set out by the competent general department of the Ministry of Tourism and Antiquities.
Such tourism companies shall be obligated to comply with the above decision by no later than the following periods:
In case of non-compliance, the license of the violating touristic vehicle shall be revoked.
Al Tamimi & Company’s team of aviation and maritime lawyers have an unparalleled regional reputation. Our rights of audience before the courts across the Middle East and North Africa, as well as local insights have enabled us to represent clients in complex local and multi-jurisdictional claims, defences, and commercial transactions, with continued success.
Our practice and partners consistently rank top in legal directories including Chambers & Partners and Legal 500, attesting to the results we produce for our broad base of clients comprising of airlines, ship owners, financial institutions, insurers, charterers, ship yards, logistics companies, repairers, cargo owners and commodity trading houses.
Partner, Head of Office - Egypta.firstname.lastname@example.org
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