Published on 17 March 2026 in Client Alerts

The Kingdom of Saudi Arabia approves regulatory frameworks for its Special Economic Zones

The Saudi Council’s ministerial Resolution No. 468, published in the Official Gazette on 16 January 2026, approves the governance regulations for each of the Special Economic Zones (“SEZs”), (i.e. the King Abdullah Economic City SEZ, Ras Al Khair SEZ), Jazan SEZ and Cloud Computing SEZ, originally launched on 13 April 2023.  While the first three SEZs are physically demarcated zones, the Cloud Computing SEZ offers cloud service providers with flexibility to establish data centres across the Kingdom of Saudi Arabia (the “KSA”).  The purpose of the establishment of these SEZs is to diversify the KSA’s economy beyond oil, especially in the sectors of maritime logistics, manufacturing and energy related industries.  The resolution aims to provide regulatory certainty for investors operating within these zones.

These regulations pursue the objectives of the project to promote economic diversification through strategic investment, creation of an investor friendly environment for growth, along with empowering the KSA’s supply chain sectors.  Under the current ministerial resolution, companies operating inside these SEZs are except from certain provisions of the Companies Law, Commercial Register Law and Trade Names Law.  Additionally, it empowers the Economic Cities and Special Zones Authority, in agreement with the Ministry of Commerce to issue further necessary rules in this regard.  Such delegated authority ensures that the regulatory framework can remain adaptable to evolving commercial and economic conditions in the SEZs.

For further information, please contact info@volterrafietta.com.

More Client Alerts

| Client Alerts

Volterra Fietta partner Robert G Volterra leads counsel team at his seventh hearing of 2026

Volterra Fietta’s intensive hearing schedule for 2026 continued apace, as partner Robert G Volterra led a Volterra Fietta team last week in another ICSID hearing. 

Learn more

| Client Alerts

Volterra Fietta moves into its new London headquarters at 110 High Holborn

The move reflects the continued growth of the firm’s practice and the partners’ long-term commitment to their London headquarters, through the signing of a new 10-year lease.

Learn more

| Client Alerts

The Council of Europe adopts the Chișinău Declaration to address the application of the European Convention on Human Rights to migration issues

On 15 May 2026, the Committee of Ministers of the Council of Europe adopted the Chișinău Declaration. 

Learn more

| Client Alerts

Cambodia and Thailand to engage in compulsory conciliation under UNCLOS over unilaterally severed Maritime Pact

On 5 May 2026, Thailand announced a unilateral termination of its Memorandum of Understanding dated 18 June 2001 (“Agreement”) with Cambodia pertaining to their joint exploration rights in the area of their overlapping Maritime Claims to the Continental Shelf.

Learn more
View all