Legal Blog

Articles and exclusives on legal system updates and legislation presented by Nova Legal consultants

The Four Board of Directors Committees: Audit, Remuneration, Nominations and Risk | Nova Legal
2026/08/06
The Four Board of Directors Committees: Audit, Remuneration, Nominations and Risk | Nova Legal

Board of directors committees occupy a pivotal position in the corporate governance system of Saudi companie...

Independent Members of the Board of Directors: Ratios and Conditions in Saudi Arabia | Nova Legal
2026/08/06
Independent Members of the Board of Directors: Ratios and Conditions in Saudi Arabia | Nova Legal

The topic of independent members of the board of directors raises many precise questions in the practical wo...

Governance of Non-Listed Companies and LLCs in Saudi Arabia: Are the Ministry of Commerce Regulations Mandatory or Non-Binding? | Nova Legal
2026/08/06
Governance of Non-Listed Companies and LLCs in Saudi Arabia: Are the Ministry of Commerce Regulations Mandatory or Non-Binding? | Nova Legal

A pivotal question recurs among business owners and investors: is governance of non-listed companies in Saud...

Saudi Corporate Governance Regulations — Compliance Guide for Listed Companies (Capital Market Authority) | Nova Legal
2026/08/06
Saudi Corporate Governance Regulations — Compliance Guide for Listed Companies (Capital Market Authority) | Nova Legal

The Corporate Governance Regulations issued by the Capital Market Authority constitute the cornerstone of th...

ESG for Saudi Non-Profit Foundations: Disclosure Requirements and Compliance 2026 | Nova Legal
2026/07/27
ESG for Saudi Non-Profit Foundations: Disclosure Requirements and Compliance 2026 | Nova Legal

Environmental, Social, and Governance (ESG) for Saudi non-profit foundations has become a fundamental standa...

Risk Management for Non-Profit Foundations and Associations in Saudi Arabia: Legal Framework and Professional Practices 2026 | Nova Legal
2026/07/27
Risk Management for Non-Profit Foundations and Associations in Saudi Arabia: Legal Framework and Professional Practices 2026 | Nova Legal

Risk management for non-profit foundations and associations in Saudi Arabia has become an imperative necessi...

Governance of Family Businesses in Saudi Arabia: Separating Ownership and Management, Building Professional Boards 2026 | Nova Legal
2026/07/27
Governance of Family Businesses in Saudi Arabia: Separating Ownership and Management, Building Professional Boards 2026 | Nova Legal

Governance of family businesses in Saudi Arabia is the systematic framework that ensures the continuity and...

Comparing Legal Structures for Family Wealth Preservation: Holding Company vs Family Endowment vs Family Fund in Saudi Arabia 2026 | Nova Legal
2026/07/18
Comparing Legal Structures for Family Wealth Preservation: Holding Company vs Family Endowment vs Family Fund in Saudi Arabia 2026 | Nova Legal

Comparing legal structures for family wealth preservation in Saudi Arabia between the holding company, the f...

Listing Family Businesses on the Saudi Nomu Market: Legal Requirements, Governance, and Transparency 2026 | Nova Legal
2026/07/18
Listing Family Businesses on the Saudi Nomu Market: Legal Requirements, Governance, and Transparency 2026 | Nova Legal

Listing family businesses on the Saudi Nomu market represents a major strategic step in the evolution of Sau...