I am pleased to announce that our long-awaited
book on investing in Saudi Arabia, co-authored with my colleague Amgad Husein,
managing partner of Dentons-Riyadh, has at last been published. A Legal
Guide to Doing Business in Saudi Arabia fills a gap in the legal literature
on the Middle East's largest economy, bringing clarity and practical insight to
foreign companies investing in Saudi Arabia or considering registering a local
presence.
The Legal Guide, published by Thomson
Reuters, provides legal and practical
advice on Saudi commercial, labour, tax and financial regulations as well as an
overview of Saudi dispute resolution, including local and international
arbitration. It includes a chapter on the key principles of the Shari'a
(Islamic law) that foreign investors are likely to encounter when entering into
contracts, financing projects and resolving disputes. Substantial appendices
include explanations of the Capital Market Law, protective measures when
drafting contracts and entering into leases, practical tips on obtaining
publicly-available information on Saudi companies and advice on the Saudi
employment visa and residency card application process. Annual annexes will
provide updates to the ever-changing Saudi licensing and commercial
regulations.
The book offers a comprehensive overview of the
regulations governing foreign investment in Saudi Arabia. Reviewers have
commented that the Legal Guide is indispensable to any company that is
serious about establishing a Saudi presence. Sir Sherard Cowper-Coles, former
British Ambassador to Saudi Arabia, has noted that the Guide is the
"essential vade mecum for any foreign investor in Saudi
Arabia" and strongly "commends the book to all with interest in any
form of commercial engagement with the Middle East’s most significant
economy." Eng. Saleh Ahmad Hefni, Deputy Chairman of Al Ahli Takaful
Company, has commented that the Guide "will prove useful to lawyers
new to Saudi Arabia, seasoned practitioners and in-house counsel of companies
doing business in Saudi Arabia."
The book is available for purchase from Sweet & Maxwell.