Comparative Analysis – Bankruptcy Laws in UAE and KSA
As part of a string of legislative reforms in the Kingdom of Saudi Arabia (“KSA”), the Saudi Arabia Royal Decree No M/05/2018 dated 13/02/2018) (the “KSA Bankruptcy Law”) comes as a boost to the continued growth of the KSA economy and the increase of foreign direct investment. Before the issuance of the KSA Bankruptcy Law, the general…