01Oct
Saudi Arabia's New Tourism Development Fund
The Situation: On June 21, 2020, the Saudi Minister of Tourism, Ahmed Al-Khateeb, announced the creation of a Tourism Development Fund ("Fund") with an initial capital of SAR 15 billion (approximately US$4 billion). The Goal: The National Transformation Program ("NTP") aims at, among other things, marketing Saudi Arabia as a tourist destination regionally and globally....
By:
Jones Day
Related
Agreeing with a trial court that the arbitration agreements at issue were both procedurally and subs...
Read More >
The world’s largest medical device manufacturer, Medtronic, Inc. – based in Minnesota – recently...
Read More >
Historically, mergers and acquisitions have always been difficult, but in the age of endless cloud-b...
Read More >
After recently finishing off the public comment period for one National Pollutant Discharge Eliminat...
Read More >
Closed defined benefit plans—i.e., defined benefit plans that are frozen to new participants but th...
Read More >
Yesterday September 12, 2019, the California Supreme Court held that private litigants may not recov...
Read More >