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Financial commitment, compliance with regulations, liability protection, human resources, intellectual property, and taxes are common but sometimes there are complex concerns that must be addressed when starting a business in Saudi Arabia. The success of a business depends on more than just satisfying clients; it also requires a well-thought-out corporate structure and all types of...
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A member of the Shoura Council, Dr. Faisal Al-Fadel, recommends the committee adopt the jury mechanism in the Saudi judicial system, which is prevalent in several countries. He noted that the global ranking of Saudi Arabia in the indices related to the justice system is not in line with the Kingdom’s ambitions and goals of...
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In line with its digital transformation strategies, the Ministry of Justice (MoJ) launched the Najiz app to facilitate digital services and achieve swift justice. The number of users of the Najiz e-services mobile app has surpassed one million in 2022 as more clients access judicial services via handheld devices. Through its official account on Twitter,...
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According to the Ministry of Justice (MoJ), the Najiz.sa portal has served 5.1 million clients remotely and received 27 million logins in 2022. Recently, the portal has added 51 new e-services, bringing the total number to 134 e-services that can be obtained remotely in uncomplicated and easy steps. The portal offers services in several categories...
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France is boosting efforts to take advantage of Saudi investment opportunities in all sectors, focusing on energy, technology, water, and other industrial services, ambassador to France in Saudi Arabia, Ludovic Pouille, said. Speaking at a press conference, Ambassador to France mentioned that Saudi Arabia is an attractive region and a proper environment for investments in...
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Zoho Corporation has signed a Memorandum of Understanding with the Saudi-based Falak Investment Hub to unit efforts toward digitally empowering youth and startups in Saudi Arabia and boosting their digital transformation journey. Under the MoU, Zoho will supply startups associated with the Falak Investment Hub network portfolio with credit worth $2,500, an initiative of the...
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The King Salman Global Academy for the Arabic Language, in cooperation with Saudi Arabia’s Education and Training Evaluation Commission (ETEC), presented the first standardized test to assess proficiency in Arabic. The test aims to promote and support the use of the Arabic language regionally and globally to help achieve the goals of the Kingdom’s Vision...
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Saudi Arabia’s Ministry of Environment, Water, and Agriculture approved a new law to protect endangered animals. According to the law, possessing endangered animals is considered a clear violation of Saudi law, which refers the perpetrator to Public Prosecution. The perpetrator will face a fine of SR30 million and imprisonment of up to 10 years, or...
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The Ministry of Investment is drafting a new Investment Law to ensure equal treatment for local and foreign investors. The law aims to support the principle of competitive neutrality and fairness and ensure equal treatment of direct investments made by public and private investors. The local and foreign investors will be subject to the same...
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The Saudi Council of Ministers approved a new law that aims to stimulate and develop the business system in the Kingdom. The new companies’ law has the flexibility to protect companies and empower the private sector. The newly amended law aims to enhance corporate sustainability, support investment in SMEs by facilitating formal procedures and requirements...
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