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
Law No. (6) of 2019 Regulating the Joint Ownership of Real Estate in the Emirate of Dubai (“Joint Property Law”) has been gazetted on 19 September 2019.
The Joint Property Law governs the development and management of strata buildings and master communities in the Emirate of Dubai.
The Joint Property Law affects the following stakeholders who should take advice on what steps will need to be taken to bring their operations into compliance:
What is the timeframe for compliance?