Saudi Conference on Law II

Under the auspices of His Excellency The Minister of Trade and Investment Dr. Majid bin Abdullah al-Kasabi launched the Saudi Conference on Law II, which was held on November 3 to November 5, 2019 in Riyadh, Saudi Arabia, comes in strategic partnership with the Ministry of Trade and Investment and the Saudi Authority Intellectual Property, The Saudi Bar Association, the Bankruptcy Commission and The Saudi Fintech (one of the departments of the Financial Sector Development Program. Mr. Mohammed alsoaib, chairman of ( AlSoaib & Partner law firm ) participated in the conference with a group of representatives of the International Chamber of Commerce, followed by a dinner after the conference on his private farm that included Mr. Sami Al-Hawari and a gathering of fellow lawyers in the UAE and Saudi Arabia


Mr.Mohammed Al Soaib Chairman of Al soaib & Partner, Participate in the second international conference of commercial arbitration


Mr.Mohammed Al Soaib Chairman of Al soaib & Partner, Participate in the second international conference of commercial arbitration under the title “The development of arbitration in the Middle East and North Africa, reality and ambition”, in the presence of the Minister of Justice, President of the Supreme Council of The Judiciary Dr. Walid Al-Sa’aani, and Minister of Finance Mohammed Al-Ja’an, More than 37 local and international speakers, including a number of ministers, and a high-level international and local presence[:ar]

مشاركة رئيس مجلس الإدارة الأستاذ محمد الصعيب في المؤتمر الدولي الثاني للتحكيم التجاري تحت عنوان “تطور التحكيم في منطقة الشرق الأوسط وشمال إفريقيا، الواقع والطموح”، بحضور وزير العدل رئيس المجلس الأعلى للقضاء الدكتور وليد الصمعاني، ووزير المالية محمد الجدعان، ومشاركة أكثر من 37 متحدثا محليا ودوليا بينهم عدد من الوزراء، وحضور دولي ومحلي رفيع المستوى


Saudi Labor Market over the period 2005-15

[:en]Key observations of The Labor Market Outlook Report are as follows:

The Saudi unemployment rate fell slightly by 0.1% to 11.6% during the first half of 2015 compared to the second half of 2014.

Saudi employment growth in the private sector remained healthy during this period but hiring levels in the public sector were slower.

Increased Saudi employment and Saudization levels in the private sector were buoyed by positive growth in labor productivity during 2014. Continuing labor market reforms are playing a notable role in the witnessed improvement.

Two key structural enablers of employment growth and labor productivity remain enhanced education opportunities and private sector investment. Both areas require a re-focus to meet the changing needs and dynamics of the workplace and economy.

Combined estimated increase in Saudi working age population by 2025 to17.9 million and with an accompanying rise in Saudi Labor force participation – this will see 226,000 new Saudis per year eligible to enter the employment market over the next decade.

Public Sector employment forecast for Saudis to grow by 84,000 new jobs per year for the next 10 years.

However, higher base line of potential workers available to the marketplace in coming years allied to lower future projected public sector employment figures (compared to 2006-14 average) confirms policymakers objectives in directing the private sector to be the “main engine for Saudi job creation” moving forward.

Three potential forecast scenarios for Saudi unemployment rates by 2025 include: 0% underpinned by high Saudi employment growth (corresponding to The Ministry of Economy and Planning long-term strategy), moderate baseline estimate of 6% Saudi unemployment and a “no-action” scenario yielding a 16.9% Saudi unemployment rate.[:]


Saudi Arabian General Investment Authority (SAGIA) and the Ministry of Health have joined forces to pinpoint potential investment opportunities in areas of medical equipment manufacturing, medicine production and healthcare services, among others. Nasser al-Tuwyan, spokesman for SAGIA, said the six-point plan aims to send the pharmaceutical industry’s contribution to the gross domestic product from 3.2 per cent now to more than five per cent over a span of ten years from now. It also seeks to deliver high-quality medical services, boosting the efficiency of current services, and achieve self-sufficiency of medical cadres, doubling job opportunities in this sector and hit a Saudisation (naturalization of jobs) ratio of 40 per cent in the healthcare and pharmaceuticals domain, according the spokesman, who was speaking to Al-Eqtisadiah. The ambitious plan aims to reduce the Arab country’s imports of pharmaceuticals and medicines to less than 70 per cent and procure top-of-the-line medical equipment to ultimately produce key medicines. However, some local industry sources aired concerns related to fierce competition by global manufactures, lengthy licensing and the lack of specialized expertise and insufficient spending on scientific research. France inks $11b deal with KSA RIYADH — France announced on Tuesday a number of deals worth 10 billion euros ($11.4 billion) with Saudi Arabia during a visit by Prime Minister Manuel Valls. “France-Saudi Arabia: 10 billion euros in contracts,” he wrote in a tweet. The deals cover energy, health, food, satellites and infrastructure, according to the prime minister’s office. Earlier, Saudi and French enterprises alike presented investment opportunities to a large audience of business and community leaders at the second Saudi French Business Opportunities Forum in an effort to bolster a strategic partnership between France and Saudi Arabia. The investment plan in the transportation sector, prepared by the Ministry of Transport in cooperation with the Saudi Arabian General Authority for Investment (SAGIA), also identified 36 promising investment opportunities potentially worth up to $25 billion. They include manufacturing of buses and train coaches, spare parts and technical support services in the establishment of infrastructure work, operations, maintenance and training. SAGIA’s Executive Director for Investment Development Faisal Bafarat, speaking at a session on promoting sustainable economic growth revealed there are 194 projects in the Kingdom partly or fully-owned by French companies with a total capital of about SR75 billion. CEO of Business France Muriel Penicaud presented reasons to invest in France, referring to France’s high level infrastructure, openness to invest, competitive set up costs, productive workforce, its aim for innovation, its growing Gulf presence.

SAGIA chairman vows to boost competitiveness investment

[:en]Since our accession to the WTO in 2005, increasing our competitiveness to attract a new generation of investments for diversifying the economy has truly become a national effort. Today’s summit will provide us with further insight into what next steps can be taken to catapult Saudi Arabia to the next level.”
The governor said much has been done in the past five years to improve, in particular to increase the ease of doing business, but important decisions and announcements — many in developing infrastructure — will be made soon to further signal to the global business community that Saudi Arabia is open for business.

The GFCC this year will bring together leaders from 30 countries to share best practices to enhance competitiveness strategies. In that respect, GFCC is more than just a knowledge, policy and strategy creation platform. The GFCC is an action organization, giving members the tools to enhance the competitiveness of their home countries, regions and organizations.[:]

Ministry of Justice: Training (11 845) the judicial staff in the (287) program

[:en]According to a report issued by the General Administration of training at the Ministry of Justice that these training programs included programs Institute of Public Administration which benefited (4648) employees from all departments of the Ministry and its departments, and included external programs, workshops and forums which benefited (22) competent staff, and specialized training programs such as specialized programs staff money houses and that an estimated included (4) training programs that train them ( 100) employees, and programs competent prepares opponents trained by (50) employees included two training programs, and programs competent sheets lawsuit trained by (25) trainees, programs and specialized copywriters disciple of (11) program trained them (275) employees, also included a specialist for training (125) from bailiffs implementation, and two specialists for employees of security management and safety training which (50) employees of the Safety and Security Department, and the (50) a specialized program for notaries trained them (500 notary), training (50) employees of the signal on the two languages specialized skills for dealing with the auditors for the deaf and dumb. The ministry provided programs also included in the past year training (5425) employees at (217) training program in behavioral management programs and training (575) employees who recently joined the facility Justice in (23) a program for the rehabilitation of new employees. [:]

Saudi Arabia to set up training center’s for judges

[:en]Changes to the legal system are seen by analysts as crucial for wider social and economic reforms aimed at reconciling Saudi Arabia’s ultra-conservative traditions with the demands of a young population and modern economy.

However, some clerics in the kingdom have opposed any change to the judiciary, seeing the country’s legal system of sharia or Islamic law as a divinely inspired set of rules that cannot be changed by temporal authorities.

A cabinet statement reported by the Saudi Press Agency said the training centers, run by the Justice Ministry, would focus on the “efficiency and performance” of judges and other officials.

All judges, assistant judges, clerks and court secretaries need a huge amount of training and upgrading of their skills.[:]