Regulations and Laws in Saudi Arabia: Continuous Adjustments and Improvements
“(It) is a continual process of adjustment. The regulations, laws, and by-laws all have to be meshed together, fine-tuned, and improved, and that doesn’t happen overnight. We hope that entities like SAGIA, SIDF, MODON, are slowly shifting from their previous stand to better stands,” says Emad Al-Shamma, CEO of Al Khafrah Group Holding Co.
“Perhaps we are in a transition period. Things take time, however we do have to respect that things here are much better than they used to be. This is a continual process of adjustment. The regulations, laws, and by-laws all have to be meshed together, fine-tuned, and improved, and that doesn’t happen overnight. We hope that entities like SAGIA, SIDF, MODON, are slowly shifting from their previous stand to better stands,” says Emad Al-Shamma, CEO of Al Khafrah Group Holding Co.
“Last month, the public entities were in London promoting industrial projects in Saudi Arabia and stating in the papers that you will be able to establish a company in less than 48 hours. We know that this is still a dream for us and we hope that it will happen.”