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Find out moreThis comprehensive guide is designed to help you navigate the intricate landscape of family business and private wealth in the Middle East, where family businesses constitute approximately 60% of GDP and employ 80% of the workforce in the GCC, offering unparalleled opportunities for wealth creation and preservation.
Packed with insights, strategies, and expert advice from our talented lawyers, Legacy provides tailored solutions to the unique challenges of asset protection, succession planning, and dispute resolution in this dynamic region.Read the publication and equip yourself with the knowledge and tools necessary to thrive, whether you’re a seasoned investor, a family business owner, part of the next generation, or a newcomer exploring opportunities in the region.
Read NowOn the 24th of April 2018, the Council of Ministers of the Kingdom of Saudi Arabia approved the Commercial Mortgage Law (the “Law”) issued by Royal Decree No. (M/86) dated 24 April 2018.
The following are the key issues covered under the Law:
The Law has been published in the Official Gazette on the 24th of April 2018 and came into force and effect since the date of publication according to Article (47). The executive regulations of the law have been issued by the Minister of Commerce & Investment and published in the Official Gazette on the 27th of April 2018 and became into force and effect as well.
A more detailed article on the Law will be published shortly.
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