Saudi Arabia Archives - Page 22 of 33 - LexisNexis Middle East

Saudi Arabia: Regulations Require Private Schools to Teach Saudi History

15/12/202215/12/2022
by Benjamin Filaferro

Okaz, 11 December 2022: The Saudi education sector has put forward draft regulations for regulating private education, which include a requirement for schools teaching a foreign curriculum to contain material about the history and geography of Saudi Arabia.

Under the regulations, teachers in these private schools must obtain a valid teaching licence from the Education and Training Authority.

Private schools are also required to teach national identity.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

LexisNexis Hosts the 3rd Dubai Edition of the Developments in International Arbitration Seminar!

08/12/202213/12/2022
by Benjamin Filaferro

In partnership with SOL International Ltd, LexisNexis was pleased to host the 3rd Dubai edition of the Developments in International Arbitration seminar in Dubai, UAE on 29 November 2022.

Special guest speaker Gary Born, one of the world’s pre-eminent experts on international commercial arbitration and international litigation, provided his valuable knowledge and insight on the recent changes in international arbitration and the latest developments in arbitration in the UAE and broader Middle East region.

The seminar kicked off with a welcome address by Sarah Haddadi (LexisNexis Middle East). It was followed by a panel discussion, where Gary Born (Wilmer Cutler Pickering Hale and Dorr LLP), Anne Hoffmann, Hasan Arab (Al Tamimi & Company) and Fatima Balfaqeeh (RKAH Consultancy Firm) discussed the recent changes in international arbitration, anticipated developments in arbitration in the Middle East over the next five years, and what changes need to be made to ensure credibility in the region.

Finally, we had an interesting Q&A session with enthusiastic participation from the audience.

Thank you to all participants, specifically our speakers, for making this event a success!

News developments

The Lexis® Middle East Gulf Tax – Winter 2022 edition is out now!

08/12/202208/12/2022
by Benjamin Filaferro

We are pleased to share the latest edition of our tax magazine, Lexis® Middle East Gulf Tax, the first of its kind in the GCC! It is a complimentary magazine that provides updates on the GCC’s recent key tax and financial developments.

In this edition:

Pillar 2 – How might OECD’s Pillar 2 affect GCC businesses?

OECD’s Pillar 2 Module, which ensures large multinational enterprises pay minimum tax levels on income, will impact taxpayers across the globe. Rami Alhadhrami of BDO Kuwait looks at how it might affect GCC businesses.

The first 100 days… as Head of Tax

With the recent tax changes in the Middle East, tax recruitment specialists have seen more businesses wanting to hire their first-ever Middle East In-house Head of Tax. Conor McHugh of Alchemy Search and Siegert Slagman, a Head of Tax, share their experiences recruiting these roles and the crucial first 100 days in the post.

Practical Focus on Double Taxation Agreements

With effect from 1 January 2020, Saudi Arabia and the UAE have implemented a treaty to avoid double taxation. Zain Satardien of Hourani & Partners shares practical points on this Double Taxation Treaty (DTT), how it provides significant advantages for businesses operating in the two contracting states, and how it aims to avoid double taxation and prevent tax evasion.

Managing Challenges and Change with Technology

Nitin Agarwal, Head of Taxation at Majid Al Futtaim Carrefour UAE, talks about how successful major transformation projects have made him more confident and prepared to deal with future tax changes and challenges.

Practitioner Perspective on Excise Tax

Michel Ruitenberg of Crowe looks at how Excise Tax, an important compliance area for retail businesses, has changed in the UAE and the differences in how it operates there to other GCC countries.

Am I eligible for World Cup tax exemptions?

Qatari authorities are granting special World Cup Tax Exemptions, but who is eligible and for what? Thomas Vanhee of Aurifer Middle East Tax answers these questions and more!

Special thanks to Alchemy Search for supporting tax professionals by connecting businesses with talent across the GCC and beyond!

Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Lexis Middle East Gulf Tax | Winter 2022

Have you read the Lexis® Middle East Gulf Tax – Summer and Autumn 2022 editions? Click the links below to access and read this edition.

Lexis-Middle-East-Gulf-Tax_| Autumn 2022

Lexis® Middle East Gulf Tax | Summer 2022

News developments

Saudi Arabia: Tourism Development Fund Launches Small Business Support Scheme

05/12/202205/12/2022
by Benjamin Filaferro

Arab News, 29 November 2022: The Saudi Tourism Development Fund (TFD) has announced a new tourism aid programme that aims to provide financial and non-financial support to 10,000 small and medium-sized enterprises (SMEs) in the Kingdom.

The programme has three subcategories which cover conducting trials, innovation and hospitality.

The TFD will assist SMEs in launching new projects or expanding their existing business.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

LexisNexis Hosts the inaugural Developments in International Arbitration Seminar in Riyadh, Saudi Arabia!

30/11/202230/11/2022
by Benjamin Filaferro

In partnership with the Saudi Center for Commercial Arbitration (SCCA), SOL International Ltd, and Burhan Al Marifa, LexisNexis was pleased to host the inaugural Developments in International Arbitration seminar in Riyadh, Saudi Arabia, on 27 November 2022.

The seminar started with opening remarks by Walid Abanumay, Chairman of the SCCA, followed by a welcome address by HRH Princess Hala Bint Khaled Bin Sultan Al-Saud, Chair of Burhan Al-Marifa. Dr Hamed Merah, CEO of the SCCA, shared Highlights and Developments of KSA and SCCA, followed by an SCCA Caselaw Briefing presented by Christian P.Alberti, Chief of ADR and General Counsel of the SCCA.

Following these insightful updates, Sarah Malik, CEO of SOL International Ltd, and Gary Born engaged in a fireside chat on the recent changes in international arbitration. They addressed the latest developments in arbitration in Saudi Arabia.

Finally, we had an interesting Q&A session with enthusiastic participation from the audience.

Thank you to all participants, specifically our speakers, for making this event a success!

News developments

Saudi Arabia: The Saudi National Information Technology Development Program Launches Lendtech

22/11/202222/11/2022
by Benjamin Filaferro

Aleqtisadiya, 20 November 2022: The Saudi National Information Technology Development Program has launched the LendTech initiative, which aims to support micro, small and medium-sized technology companies with funding to grow their businesses.

Medium companies will have a maximum financing option of 8.5 million Riyals, small firms 2.5 million Riyals and micro firms will have a maximum of 900,000 Riyals.

The initiative aims to close the financing gap faced by these companies so they can increase their contribution to the sector.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

The latest edition of the Lexis® Middle East – HR Alert is out now!

16/11/202229/04/2024
by Benjamin Filaferro

We are pleased to share the latest edition of our HR magazine, the Lexis® Middle East – HR Alert!

The HR Alert is a complimentary magazine that updates the latest labour and employment law developments and cases and advises on region-specific HR policies and templates.

It also includes interviews with leading regional HR professionals and guidance on the latest industry trends.

In this edition:

When I’m Sixty-Four: New Pensions Legislation in Qatar

On 3 January 2023, Qatar Law No. 1/2022 will introduce changes to the pension rights of all working Qatari nationals. Emma Higham of Clyde & Co explains their current understanding of the impact this will have on employers and employees

Quiet Quitting: Has this global trend reached the UAE?

Quiet quitting occurs when an employee decides that they will undertake the bare minimum to carry out their duties. Thenji Moyo and Naba Noor of Gateley UK LLP (DMCC Branch) talk about this trend in the UAE and positive ways to tackle it.

Immigration Focus: Recent GCC Immigration and Visa Changes

The dynamic team at Vialto Partners share the latest immigration and visa changes in the region, including the latest developments relating to the UAE Job Exploration Visas. From 3 October 2022, a new type of visa has allowed job seekers to enter or remain in the UAE without needing a sponsoring employer. It allows individuals to come to the UAE to look for work or investment and business opportunities without a sponsoring host.

Law Changes: Employee Share Schemes and Remuneration Developments in Saudi Arabia

The new Saudi Companies Law, which comes into effect in January 2023, brings with it changes to employee share schemes and directors’ remuneration as Richard Bell and Faisal Alassiri of Clyde & Co explain.

In an Ever-Changing World

Madelein du Plessis, HR and Finance Officer at RELX PLC in Dubai, explains the approach she has taken to support an ever-expanding team in a continually changing regulatory environment.

On the other hand, Raka Roy of Galadari Advocates & Legal Consultants explains how leave entitlements have changed under the new UAE Labour Law.

Equality Policies

Sarah Malik of SOL International Ltd shares pointers for employers on how they can ensure their equality policies cover all types of discrimination, bullying, harassment, assault, and any verbal, physical, or psychological harm to an employee in the workplace in order to be compliant with Federal Decree-Law No 33/2021 On the Regulation of Labour Relations.

Want to receive future editions? Subscribe here!

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

LexisNexis Middle East HR Alert – November 2022

Have you read the Lexis® Middle East HR Alert – June and September 2022 editions? Click the links below to access and read these editions.

LexisNexis Middle East HR Alert – September 2022

News developments

Saudi Arabia: Institutions Permitted to Become Partners in Commercial Entities

15/11/202215/11/2022
by Benjamin Filaferro

Okaz, 14 November 2022: The Saudi Commercial Ministry has announced that institutions are allowed to enter as partners in companies of all kinds, with the aim of boosting growth in institutions’ investments and expanding company income.

The Ministry also indicated that companies will benefit from the experience of the institutions they enter into partnerships with.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

Saudi Arabia: Initiate Launched to Implement Saudisation in Freight Brokering Sector

15/11/202215/11/2022
by Benjamin Filaferro

Almadina, 13 November 2022: The Saudi Transport General Authority has launched a Saudization initiative to support Saudi nationals in finding jobs in the transport and freight brokering sectors in the Kingdom.

The initiative will offer applicants training programmes with experienced specialists.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

News developments

Saudi Arabia: Lawyer Loses Licence After Disclosing Client’s Secrets on Social Media

07/11/202207/11/2022
by Benjamin Filaferro

Okaz, 3 November 2022: Saudi Arabia’s Ministry of Justice has cancelled a lawyer’s licence for violating the rules of professional conduct when he addressed details of his client’s case on social media and during a television appearance.

The lawyer committed several other violations, including: employing and training female trainee lawyers, before completing the statutory period stipulated in the legal system; identifying himself with the title of doctor in his official publications, despite not having a doctorate recognised in Saudi Arabia.

For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.