Law No. (24) of 2024 amends Law No. (4) of 2018 concerning the Financial Audit Authority. It replaces Articles (34), (35), and (36) with new regulations for investigating violations and disciplining employees who commit offenses. The law also establishes a grievance committee to...

The Real Estate Transaction Tax (RETT) Law in Saudi Arabia will be implemented on April 10, 2025. The forthcoming regulations under the RETT Law, expected to replace the current RETT Implementing Regulations, will  be issued within this 180-day period. This development marks a...

Oman's Ministry of Labour has introduced Resolution  No. (617) of 2024, mandating employers with 50 or more workers to establish a formal grievance process. This system allows workers to submit complaints about employer decisions for internal resolution, encouraging workplace-level...

Royal Decree No. (47) of 2024 introduces the Bank Deposits Protection Law in Oman, aimed at safeguarding deposits if a bank or financial institution defaults. This law is part of Oman's financial safety network and emphasizes the Central Bank of Oman's (CBO) role in maintaining...

Saudi Arabia has enacted new regulations for commercial registration and trade names. These laws apply to all companies in the country, aiming to enhance transparency and simplify business procedures.