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The flagship reform in the Kingdom this year is the enactment in June 2023 of the new Saudi Civil Transactions Law, which came into force on 16 December 2023. This landmark legislation marks the Kingdom’s first codification of its contract and property law, garnering praise as providing domestic and foreign investors with a “clear, consistent and modern” legal framework for conducting business in the Kingdom. This session will explore the impact of the new Saudi Civil Transactions law on the Saudi legal landscape.
10:45 am to 11:00 am Arrival, Coffee Break
11:00 am to 12:15 pm Exploring the Impact of the New Saudi Civil Transactions Law: Analyzing Temporal Boundaries, Navigating Uncodified Sharia Law Intersections,
and Assessing Harmony with Saudi-ratified International Conventions
Partner
ALFAHAD & Partners
Managing Partner, Professor of Private Law at Saint-Joseph University (Beirut) and Université Paris II Panthéon-Assas (Paris)
Hage-Chahine Law Firm
Partner
King & Spalding LLP
Partner
White & Case
Updated at: 2/11/2023