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In late December 2023, President Biden issued Executive Order (“E.O.”) 14114, “Taking Additional Steps With Respect to the Russian Federation’s Harmful Activities.” E.O. 14114 amends E.O. 14024 and E.O. 14068 by...
Author: KN Legal
What the Construction Industry Should Know About the New KSA Civil Transactions Law’s Introduction of Vicarious Liability
December 1, 2023
On 13 June 2023, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and President of the Council of Ministers, announced the Council of Ministers’ approval of the Civil Transactions Law (the...
Transforming the Tax Landscape: Understanding the Impact of CIT Law on UAE Free Zones
November 22, 2023
The introduction of the Corporate Income Tax (CIT) Law in the United Arab Emirates (UAE) marks a significant transformation in the region’s tax landscape, particularly affecting the UAE’s renowned free zones. These...
A Closer Look at Federal Decree-Law No. (20) of 2023: New Jurisdictional Rules for Labour Disputes in the UAE
October 24, 2023
Recently, His Highness Sheikh Mohammed bin Zayed Al Nahyan, acting in his role as the President of the United Arab Emirates, promulgated Federal Decree-Law No. (20) of 2023. This new legislation revises several elements of...
What Saudi Arabia’s Adoption of the United Nations CISG Means for Companies Doing Business There
September 26, 2023
The United Nations Convention on the Contracts for the International Sale of Goods (“CISG”) is an international treaty governing contract formation and party performance of cross-border agreements for the sales of goods....