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Riyadh sets new rent rules
Unregistered leases must be recorded via the Ejar platform
Zatca opens consultation on new sugar-based tax system
The draft is open for public consultation until Thursday, 23 October
US banks to unlock USD 2.6 tn in lending capacity from deregulation push
Alvarez & Marsal estimates USD 140 bn in freed-up capital and a 35% boost to bank earnings
CMA to roll out Simplified Investment Funds to draw global capital onshore
The proposed rules will be open for public consultation on Istitlaa until Monday, 6 November
Housing support gets a points-based system
Families are considered financially able to buy a home if their assets are valued at SAR 5 mn or more
SPACs’ path to Nomu laid out in Saudi Exchange draft amendments
Listed SPACs must have at least 50 public shareholders and a 20% public float
Riyadh will be rent-hike-free for 5 years (with exceptions)
Royal decree freezes Riyadh rents for five years, Mandates Ejar Use
CMA embeds debt crowdfunding into mainstream capital market
Debt crowdfunding issuances nearly doubled last year
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