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  • Practicing law license
    Issued by the Saudi Ministry of Justice number (117/27)

    Ministry of Commerce and Industry issued the new system

    Ministy of Commerce and Industry, explained that the new system provides the appropriate legal framework for the practice of fair and sound corporate governance principles, dedicated institutional work concepts, and support the growth of economic entities and its continuity, as well as improve the performance of enterprises and the integrity of business transactions, through the application standards sound and fair of transparency, disclosure and role of shareholders and boards of associations departments in drawing corporate strategies and its responsibilities on the activities of companies. Dr. Al-Rabiah also points out that, the new companies system draw terms of reference and roles of supervisory and regulatory of companies, and decided the jurisdiction of the Ministry of Trade and Industry in respect of all companies except for companies listed on the Saudi Stock market companies, their supervision and control from the Capital Market Authority.