On 3 September 2023, Ministerial Resolution No. 3568, dated 07/01/1445H (corresponding to 25 July 2023), which was issued by the Minister of the Ministry of Human Resources and Social Development (MHRSD) regarding the disclosure of training data, has come into effect. The Resolution provides that entities that employ 50 or more employees must annually declare training data on their Qiwa portal in accordance with the Resolution’s accompanying Procedural Guide. The Guide states that an entity…
The Council of Ministers of Saudi Arabia adopted a resolution dated 03/06/1444H (corresponding to 27 December 2022G) clarifying the consequences in terms of eligibility to compete for government contracts for companies that fail to locate their Regional Headquarters (“RHQ”) in Saudi Arabia. This clarification has been anticipated for some time, since the Kingdom first announced at the end of 2020 that multinationals wishing to continue contracting with the government would need to locate their RHQs…