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  • Q2 2020 MENA Outlook Full Report Now Available Iran: "Resistance Economy" Redefined

    Content Types: ArticleRegions & Countries: ChinaEgypt...Industries: All
    Our regional theme this quarter analyses how Iran has been impacted by the re-imposition of sanctions, lower oil prices and coronavirus (COVID-19). We look at how the country’s relationships will change in the region and internationally, and highlight what we see as we look at beyond COVID-19 to determine risks and potential opportunities.
  • SCA issues regulations on conduct of Suitability and Appropriateness Assessments

    Content Types: ArticleRegions & Countries: United Arab EmiratesSaudi ArabiaIndustries: Banking & Finance
    SCA issues regulations on conduct of Suitability and Appropriateness Assessments
  • Novel Coronavirus and Dubai healthcare facility obligations

    Content Types: ArticleRegions & Countries: United Arab EmiratesSaudi ArabiaIndustries: Medical & Health
    Based on the directives received from Ministry of Health & Protection ("MOHAP”), and several Dubai Health Authority (“DHA”) circulars, all DHA licensed health facilities must classify any confirmed or suspected 2019-nCoV (“Coronavirus”) cases as emergency cases within the following two categories:
  • 2019 Review: Employment in Saudi Arabia and Bahrain

    Content Types: ArticleRegions & Countries: BahrainSaudi ArabiaServices: Employment & Immigration
    Developments in 2019 suggest that the regulation of work and the employment relationship will continue to be an area of focus as the Kingdoms of Saudi Arabia and Bahrain move into a new decade and compete regionally and internationally for foreign investment and talent.
  • The Kingdom of Saudi Arabia - Payment Services Provider Regulatory Guidelines

    Content Types: ArticleRegions & Countries: Saudi ArabiaServices: Legal
    As part of the Saudi Arabian Monetary Authority’s (“SAMA”) endeavours to achieve the objectives of the financial sector development program, which is one of the pillars of KSA’s 2030 vision, SAMA has issued the Payment Services Provider Regulatory Guidelines (the “PSP Guidelines”). The PSP Guidelines will enable the licensing of non-banking financial institutions such as payment companies and will regulate the provision of payment services in...
  • Bright Future of Transportation in the Kingdom of Saudi Arabia

    Content Types: ArticleRegions & Countries: Saudi ArabiaIndustries: Logistics & Transportation
    Under the patronage of the Custodian of the Two Holy Mosques, the Saudi Railway Company (SAR) highlighted, on the 28th and 29th of January 2020, the main features of Saudi Arabia’s competitiveness in logistic services, and the most important transportation and infrastructure projects taking place in the country. The first-of-its-kind took part in the presence of a number of ministers, officials from international organizations and companies...
  • Circular Number R/102/2020 concerning the registration of Initial Sales Contracts

    Content Types: ArticleRegions & Countries: Saudi ArabiaIndustries: Real Estate & ConstructionServices: Legal
    In light of the Dubai Land Department’s continuous endeavours to simplify and improve the registration services of real estate rights in Dubai, Majid Al Mirri, CEO, Real Estate Registration and Real Estate Services, issued Circular Number R/102/2020 concerning the registration of Initial Sales Contracts (“Circular”).
  • New Country Views Saudi Arabia: Balanced budget within reach

    Content Types: ArticleRegions & Countries: Saudi ArabiaIndustries: All
    Saudi Arabia’s 2020 fiscal budget highlights the authorities’ aim to meet their balanced budget target by 2020 in a phased manner and with lesser impact on economic growth.
  • Real Estate Update: Introduction of new Leasing Law in DIFC

    Content Types: ArticleRegions & Countries: United Arab EmiratesSaudi ArabiaIndustries: Real Estate & ConstructionServices: Legal
    DIFC Law No. 1 of 2020 and Leasing Regulations (“Leasing Law”) has recently been issued by the Dubai International Financial Centre (“DIFC”), to come into force on 14 January 2020.
  • Hilton opens three hotels in Dubai

    Content Types: ArticleRegions & Countries: Saudi ArabiaUSAIndustries: Hospitality
    Hilton announced the opening of three hotels at Al Seef – the bustling waterfront destination by Meraas, along the shore of Dubai Creek, in Dubai, under three of its brands.

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