In this issue

Operating a business anywhere across the globe is a challenging yet rewarding feat. The fruits you reap from undertaking any business venture outweigh the risk involved thereof. It becomes imperative for a business owner to be well versed with the region within which he is desirous of
conducting such activities which includes knowledge about the market conditions, federal and local regulations and laws, future business prospects and projections and so on.

In the gulf region, businesses were mainly focused on activities in the maritime sector or oil and gas industries; however, in recent years, these countries are branching into and expanding their scope of conducting business activities into different sectors with a view to improve the economy and secure a key position in the global market. One such country in the Middle East that is expanding the scope of business activities is the Kingdom of Saudi Arabia.

This edition of Court Uncourt explores, in detail, the aspects of doing business in the Kingdom of Saudi Arabia and throws light on the Rules and Regulations for setting up a company, procurement of licenses, employment and labor laws and other aspects associated therewith. Further, this edition also discusses new laws and amendments to old laws, such as income tax laws, insolvency laws, mining laws, and financial support funds in different jurisdictions. Moreover, it also discusses regulations pertaining to crypto asset regulations, termination of sale-purchase agreements, and enforcement of international arbitral awards, the importance of confidentiality in international arbitration and the relevance of artificial intelligence in the realm of criminal justice. Thank you, and we hope you have an insightful read!

Court Uncourt Magazine Description:

Reading, Writing, Arithmetic and Science have always been core subjects in school curriculum. The legal fraternity especially the law and judicial system however dictate that citizens and residents should always be aware of the local laws. To this effect, the legal maxim 'ignorance of Law is no excuse' is drummed into students from their first civics class. Guided by our core principles, here we deliver you bespoke legal information that you should know. We have always been at the forefront of driving the conversation towards the issues. It is an indubitable conviction that we live in time of information overload and it is Court Uncourt's attempt to look for context and insight into subjects that pique your curiosity.

We are here to lay your curiosity to rest and share our competency and proficiency openly and seamlessly for your safety and knowledge.

We wish you a pleasant and beneficial reading!