A group of companies, comprised of a holding company and its subsidiaries, constitutes a principal organisational model for corporate governance and for ensuring centralised management of major economic groups. In this field, the Saudi legislator has distinguished itself by striking a balance between enabling the holding company to exercise oversight and strategic management over its […]
Provisions Governing Groups of Companies Read More »
The Kingdom of Saudi Arabia seeks to become a global force in investment by stimulating the Saudi economy, diversifying sources of income, and supporting the business environment in the Kingdom (1). Commercial franchise agreements (franchising) are among the most important tools of commercial expansion, as they enable companies to transfer their successful business model to
Multi-Unit Commercial Franchise Read More »
The presence of foreign companies contributes to diversifying the national economy by transferring knowledge and advanced technology, attracting investment, and localizing expertise, in addition to raising the level of competitiveness and quality in the Saudi market. In order to ensure alignment between the interests of such companies and the objectives of national development, operations must
Foreign Companies under the New Companies Law Read More »
The term corporate governance is a relatively modern economic concept that emerged as a result of the financial crises the world has witnessed in recent years, which prompted international organizations to focus on corporate governance, such as the Cadbury Committee established in 1992 in the United Kingdom, as well as the Organisation for Economic Co-operation
Corporate Governance of Commercial Companies Read More »
