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Find out moreWelcome to this edition of Law Update, where we focus on the ever-evolving landscape of financial services regulation across the region. As the financial markets in the region continue to grow and diversify, this issue provides timely insights into the key regulatory developments shaping banking, investment, insolvency, and emerging technologies.
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.
The long awaited Commercial Maritime Regulation (the “Maritime Regulations”) for Saudi Arabia has been issued. The Maritime Regulations have been published pursuant to Royal Decree number M/33, dated 5/4/1440, which is the first maritime legislation of its kind for the country. Building on positive, ongoing legal developments in the Kingdom, as anticipated the new regulations cover almost all aspects of maritime work including:
For a country that is one of the region’s key economic drivers with more than 10 major ports, it goes without saying that these new Maritime Regulations will pave the way for a new era for the shipping, oil & gas and logistics industries in the Middle East.
How will it actually be implemented? Our team of experts are keeping a close eye on the legal developments and we will update you soon!
Key Contacts:
Siri Hashem
Senior Associate, Transport & Insurance
Omar Omar
Partner, Head of Transport & Insurance
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