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Board membership in companies is often viewed as a social and professional honor, a culmination of a career of leadership success. While this is true, the legal reality—especially under the new Companies Law and evolving governance standards—presents a more stringent picture: membership is a responsibility and a duty that may expose its holder to personal legal accountability.

In light of the rapid developments in the Saudi labor market and the complete digital transformation through the Ministry of Human Resources platforms, many employers and executive managers fall into the trap of dealing with the "Work Regulations" as merely a routine paper or a "ready-made template" (Checklist) that must be uploaded to the "Qiwa" platform to complete the establishment procedures or renew licenses.

We often see in the corridors of the financial and business world entities or families that, on paper, possess enormous wealth estimated in the billions, but in reality suffer from a "liquidity shortage" and a halt in investment. The reason is often not a lack of resources, but rather that these assets have fallen into disarray; whether in the form of massive real estate estates whose division is disputed among heirs, or long-standing real estate investments whose liquidation has been stalled for years due to complex procedures.

In today's fast-paced business world, major investors and corporations turn to commercial arbitration as a lifeline that guarantees swift dispute resolution and confidentiality, avoiding the lengthy litigation process. However, practical reality reveals a harsh truth: this lifeline can become a heavy burden, and the arbitration agreement becomes nothing more than ink on paper if the arbitration process ends with a court ruling declaring the arbitration award null and void.

Family businesses are the lifeblood of the economy in the Kingdom and the Gulf region, constituting the vast majority of the business sector. However, these giant entities face an existential challenge known globally as the "third-generation curse." Statistics indicate that only a small percentage of family businesses successfully transition to the third and fourth generations, while the rest fade away or disintegrate due to disputes among heirs and conflicts of interest after the founder's passing.

Dr. Abdullah Al-Ajlan is a prominent legal and leadership figure in the Kingdom of Saudi Arabia, combining extensive judicial experience with a deep understanding of the dynamics of the banking and financial sector and government institutional work. He currently leads 3A Law Firm with a strategic vision aimed at providing high-quality legal solutions to major corporations and entities in accordance with international best practices.

There has always been a traditional, stereotypical view in the business sector of the legal department as "The Department of No"; the place where innovative ideas and bold projects go to die under the hammer of "legal risks".

Disputes often arise between heirs in real estate estates or partners in large business partnerships, with their focus frequently shifting to the "division of assets." In the midst of this potentially protracted legal battle, they overlook the greater threat to the wealth itself: "mismanagement" during the dispute. Properties are neglected, rents go uncollected, and investment opportunities are missed, leaving the estate, upon division, as a dilapidated structure that has lost a significant portion of its market value.

The lifeblood of modern commerce rests on two fundamental pillars: speed of execution and trust in fulfillment. In the face of massive financial transactions, "cash flow" becomes the lifeblood of businesses. However, the nightmare that haunts every trader and financier is the transformation of these outstanding debts into "dead assets" for defaulting debtors, leading to a dark tunnel of litigation that can drag on for years, not to establish the right, but simply to...

Residency in Saudi Arabia is one of the pioneering initiatives launched under Vision 2030. It aims to attract global talents and investors from around the world, fostering economic growth while enriching the social and cultural diversity of the Kingdom.

Saudi Arabia is one of the fastest growing economies in the Middle East, with a strategic location and promising investment opportunities.