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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
The UAE Bankruptcy Law came into force on 30 December 2016. So far, it has not been tested in the Courts. Al Tamimi & Company recently held a major forum on the new law with major UAE corporate clients and financial institutions participating. There is a general expectation that the law will soon be playing a prominent role in the UAE legal landscape. Everyone in business and banking should be aware of salient points which emerged from the forum.
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