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  • 17 Dec 2018Saudi Arabia

    The Saudi Council of Ministers (CoM) has recently approved full foreign investments in the transport, recruitment, audio visual and real estate sectors (the Sectors). Foreign direct investments (FDI) can be made in Saudi Arabia in all business activities that are not restricted to those which must be exclusively undertaken by Gulf Cooperation Council nationals or companies owned by them. This article provides a brief summary of the recent changes.

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  • 27 Nov 2018Saudi Arabia

    The General Organisation for Social Insurance and the Labour and Social Development Ministry has launched a new initiative which allows employers in the private sector to upload and update electronic version of employment contracts for their Saudi and foreign employees. It is expected the registration process will become mandatory for all employers in Saudi Arabia in the near future.

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  • 22 Nov 2018Bahrain - Iraq - Jordan - Kuwait - Lebanon - Libya - Oman - Qatar - Saudi Arabia - United Arab Emirates

    Indian nationals whose passports are not endorsed with a notification ‘Emigration Check Required’ (also referred to as ‘non-ECR’ or ‘ECNR’ passports) and who are traveling for employment to Afghanistan, Bahrain, Indonesia, Iraq, Jordan, Kuwait, Lebanon, Libya, Malaysia, Oman, Qatar, Saudi Arabia, South Sudan, Sudan, Syria, Thailand, UAE or Yemen, are required to register through the e-Migrate portal in order to obtain an Emigration Clearance or they risk being denied departure from India.

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  • 16 Nov 2018Saudi Arabia

    Amendments to Saudi Arabia’s Companies Law, which came into effect in April 2018, seemingly return a rudimentary concept of standing for shareholder derivative claims to the statute, while introducing a new concept of cost-shifting for such claims. This may have the effect of incentivising shareholder litigation practice in Saudi Arabia. Joint stock companies incorporated in Saudi Arabia should ensure that adequate internal policies are in place, in order to confront a potential increase in such claims.

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  • 13 Nov 2018Saudi Arabia

    As employers increasingly focus on employee wellness programs and preventative measures to manage employee use of private medical insurance, occupational health and safety is becoming increasingly important in the GCC. In Saudi Arabia, the Ministry of Labour and Social Development recently introduced a new Resolution* which seeks to give employers a practical framework within which to manage health and safety issues in the workplace. In this article, we outline the new prescriptive measures which employers now must comply with. The Resolution applies to employers with fifty employees or more and categorizes employers, according to their industry activity, into low, medium and high risk environments.

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