Finance violations and disputes are a vital topic in the finance sector in Saudi Arabia. The Committee for Resolving Financing Violations and Disputes promotes transparency and justice and protects the rights and interests of concerned parties
Read MoreProtecting customers of banks and financial institutions is vital in ensuring financial stability and enhancing confidence in these institutions. When a customer feels safe and comfortable, they have a positive experience and fully trust the financial institution. The principles and rules governing the protection of customers of banks and financial institutions in the Kingdom of Saudi Arabia, which are issued by the Central Bank of Saudi Arabia in its capacity as the competent supervisory authority, confirm that the customer is the basic pillar in building a successful banking relationship.
Read MoreThe legal regulation of practicing exchange business aims to organize and organize the activity related to the buying, selling and trading of foreign currencies in the Kingdom of Saudi Arabia. Exchange businesses are an essential part of the financial system and contribute to facilitating international trade and developing the economy.
Read MoreA commercial lawyer is a vital partner in the success of companies and investments in Saudi Arabia, playing a crucial role in protecting their interests and ensuring compliance with laws and regulations. The business market in the Kingdom is characterized by dynamism and rapid growth, as investment and trade flourish in all sectors. With increasing competition, access to professional legal advice is crucial for successful businesses and investors.
Read MoreRegulating employment contracts and internal corporate regulations is an essential focus of practical policies and legislation that ensure the stability of the contractual relationship between workers and business owners. In Saudi Arabia, the government pays great attention to these aspects with the aim of attracting investments and enhancing the business environment.
Read MoreIn Saudi Arabia, liquidation of estates is a concept that refers to the process of distributing property and rights after the death of a person. The estate defines all the money and fixed rights left by the deceased, and this process is carried out based on the laws and provisions of legitimate inheritance. Hit the fox and ward is a phrase used in this context to refer to the process of dividing the estate according to Sharia rulings.
Read MoreZakat, tax and customs committees play a vital role in organizing and implementing financial and economic policies in the Kingdom of Saudi Arabia. These committees work to achieve financial justice and regulate the flow of revenues, taxes, and customs duties. The committees aim to enhance economic stability and achieve sustainable development by activating controls and managing financial policies. The committees follow specific procedures to achieve transparency, accountability, and implement laws and regulations related to zakat, taxes, and customs. The effective work of these committees is essential to promoting economic stability and achieving financial balance in the Kingdom of Saudi Arabia.
Read MoreIf the parties agree to reconcile before the circuit at any stage, even after the closing of pleadings or before the court before which the objection is made, this shall be recorded in the minutes of the session, and the parties shall sign it, and the president of the session shall approve it, and the approved minutes of the session shall be considered an executive document.
Read MoreThe investment policy of insurance companies means any document that governs the insurance company’s investment operations in the Kingdom and the methods through which it manages its investment portfolios.
Read MoreThe Capital Market Authority may specify one or more models for the articles of association for special purpose entities. If the Authority determines the models for the articles of association, these models may not be violated without obtaining prior written approval from the Authority.
Read MoreEvery shareholder has the right to attend public or private shareholder assemblies, participate in their deliberations, and vote on their decisions. In doing so, he may delegate another person other than a member of the Board of Directors on his behalf. The general assembly meeting may be held and the shareholder participates in the deliberations and votes on the decisions by means of modern technology.
Read MoreThe arbitration agreement is an agreement between two or more parties to refer to arbitration all or some specific disputes that have arisen or may arise between them regarding a specific legal relationship, whether contractual or non-contractual, whether the arbitration agreement is in the form of an arbitration clause contained in a contract. Or in the form of an independent arbitration charter.
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