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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
Further to the numerous changes adopted by the authorities in relation to DIFC businesses, and some enquiries we’ve been getting in respect of the UBO regime, please keep in mind every DIFC business:
You must comply with the above requirements by 10th of February 2019.
Failure to do so may result in the imposition of a fine on your company in the sum of USD 25,000.
Our team of experts will be delighted to assist you in:
If you require any assistance in this regard, please let us know and we will be happy to provide our support.
Partner, Corporate Structuring
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