Recent developments in the labour laws of the United Arab Emirates (UAE), Saudi Arabia and Bahrain have been issued to bridge the gender pay gap between men and women. The updates have been in relation to: (i) prohibiting discrimination, whether in pay or otherwise, between male and female employees who carry out the same job in the UAE, Saudi Arabia and Bahrain; (ii) introducing paternity leave in the UAE; and (iii) granting female workers in Saudi Arabia further rights in the workplace (including working in hazardous workplaces and at night).
As part of Saudi Vision 2030, a strategic framework aimed at reducing Saudi Arabia’s dependence on oil and…
Some two years since its establishment in 2018 and just months after the issue of its license in January this year, Securities Clearing Center Company (“Muqassa”) announced the commencement of its operations on 30 August 2020.
The Capital Market Authority (CMA) continues to drive the development of the Saudi capital markets in furtherance of the Saudi Vision 2030’s Financial Sector Development Program with the issue of its draft proposed amendments to some of its key implementing regulations on 23 December 2019. The proposed changes are to…
The government has prepared urgent initiatives to support the private sector, especially small and medium enterprises (SMEs) and…
Baker McKenzie’s EMEA Employment and Compensation Team is pleased to provide you with this quick guide for employers,…
What has changed? The Ministry of Commerce and Investment in Saudi Arabia (“MoCI”) adopted the Implementing Regulations of the E-commerce Law, with immediate effect on 31 January 2020, to accompany the recent shift towards electronic transactions that commerce is experiencing globally which helps achieve the strategic objectives of Vision 2030.…
DOWNLOAD ALERT On 25/1/1441H (corresponding to 24 September 2019), the Board of Directors of the General Authority for…
Read publication Welcome to the October 2019 edition of our newsletter. The EMEA Healthcare Industry Group Newsletter is…
Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last 20 years to approximately $300 billion and continues to grow rapidly. But with that broadening and diversification comes a whole new set of business challenges to…