The bankruptcy law in Saudi Arabia is one of the most important laws governing the mechanism of insolvency proceedings.

Since the outbreak of the coronavirus disease (COVID-19), Saudi Arabia’s Ministry of Justice has received many cases concerning the impact of the pandemic on legal contractual obligations of different kinds.

In 2020, Saudi Arabia enacted a new law to protect the environment. It provides a comprehensive legal framework governing all aspects related to the preservation and protection of the environment.
The new law aims to regulate the environmental sector and related activities.

The legal system of a country is meant to ensure the smooth functioning of government business and maintenance of law and order.

Development of the tourism sector is an integral part of Saudi Arabia’s core strategy to wean the Kingdom’s economy off oil.

The coronavirus disease (COVID-19) pandemic has accelerated the use of modern technology in doing business. Social distancing measures enforced to keep the virus at bay have led to a boost in e-commerce globally.

King Salman recently approved a law to change the name of the Saudi Arabian Monetary Authority (SAMA) to the Saudi Central Bank.

It was more than a change of nomenclature, as the new law expanded the mandate of the central bank and altered its composition and reporting lines.

 Saudi Arabia is undergoing unprecedented developments in all spheres of life.

An entrepreneur needs to understand the laws governing different types of businesses before starting his venture.
Different rules and regulations govern different types of companies according to the nature and size of the business.