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Sovereign AI data centers to land in the Kingdom under new draft law
Three pathways for international data hosting within the Kingdom were specified by the draft
Capital market brokerages to see greater flexibility under new amendments
The proposed amendments will be up for public consultation on Istitlaa until Thursday, 20 February
Compensation for canceled railway trips, excluding force majeure
Lost checked bags will be compensated at SAR 4k per item.
Cabinet approves changes to regulations on financing companies
Financing companies are now required to operate as joint-stock companies
Sama releases draft principles on compliance and internal audit at finance and refinance companies
The proposed drafts will come into effect 6 months following their publication on Sama’s website
Gov’t wants regulator to make it easier for real estate developers to get shovels into the ground
Etmam bridges the gap between developers and authorities making launching projects faster and easier