Legitimacy of Clinical Trials for COVID-19 Vaccines
Since the rise of the COVID-19 pandemic caused by the novel coronavirus, scientists worldwide have been diligently working to develop a vaccine for this affliction that has plagued us for over two years. Despite the research conducted on the coronavirus in medical laboratories, these studies and experiments were insufficient for approving an effective vaccine after […]
KSA Civil Transactions System
The Kingdom of Saudi Arabia (KSA) is set to enforce its new Civil Transactions Law from December 16, 2023, a significant legal milestone aligned with the Vision 2030 initiative. This legislation, comprising seven chapters and 720 articles, aims to enhance legal consistency, particularly in civil and commercial transactions, and attract international investments. The law is […]
The Executive Director’s Decision of the General Authority for Investment and Free Zones No. (270) for the year 2023
After reviewing the Joint Stock Companies Law, Stock Recommendation Companies, Limited Liability Companies, and One-Person Companies issued by Law No. 159 of the year 1981 and its executive regulations and amendments, and the Investment Law issued by Law No. 72 of the year 2017 and its executive regulations, and based on the executive decision of […]
Steady Steps Towards the Expansion of Financial Technology
As time passes by, we get the need for change to keep up with its developments. The past decade has emphasized an urgent need for evolution, as life has become faster, and interpersonal transactions have accelerated, especially financial ones. These transactions have opened the door wide for technological advancement to facilitate both banking and non-banking […]
Decision of the Minister of Finance to amend some provisions of the Executive Regulations of the Uniform Tax Law
On November 21, 2023, the Minister of Finance issued Decision No. 518 of 2023 amending certain provisions of the Implementing Regulations of the Uniformed Tax law issued by the Minister of Finance Decision No. 286 of 2021. Decision content The decision stipulates that a new article (52 bis) should be added to the Implementing Regulations […]