News &Publications

News & Publications

Beyond the 49% Cap: What Will Bring More Global Capital to Saudi Equities?

STAT Partner and Head of Equity Capital Markets Robert Vydra examines six market-level priorities for converting wider foreign-investor access into deeper, more durable international participation in Saudi equities.

Foreign Investors Can Own the Shares. What Makes a Saudi Issuer Investable?

Robert Vydra outlines what makes a Saudi issuer genuinely investable for foreign institutions, including six practical tests for attracting and retaining international capital.

Saudi Arabia’s New Enforcement Law: Key Implications for Commercial Parties

STAT shares a client alert on Saudi Arabia’s new Enforcement Law and its practical implications for creditors, debtors, and commercial parties ahead of its implementation in October 2026.

Saudi Foreign Ownership: The General Cap Is 49%. The Median Is 2.83%.

STAT Partner and Head of Equity Capital Markets Robert Vydra analyses the latest Saudi Exchange foreign ownership data and considers what the gap between legal ownership headroom and actual foreign participation means for Saudi listed companies and companies preparing to access the equity capital markets.

From Nomu to the Main Market: Armah Sports Begins Its Next Chapter

STAT advised Armah Sports Company on both its original IPO and listing on Nomu in 2023 and its subsequent transfer to the Main Market of Saudi Exchange in 2026.

A Broader Enforcement Framework: The Draft Amendments to the Saudi Competition Law

STAT shares a client alert on the draft Saudi Competition Law amendments and their implications for businesses.

STAT Advises Al Yamamah Company for Reinforcing Steel Bars on SAR 270 Million Steel Project with Italian Engineering Group Danieli

STAT advised Al Yamamah Company for Reinforcing Steel Bars on its SAR 270 Million Yanbu steel facility, underscoring our role in major cross-border industrial projects supporting Vision 2030.

STAT Recognised as Equity Capital Markets Legal Adviser of the Year

STAT was named Equity Capital Markets Legal Adviser of the Year at the GBM Awards Saudi Arabia 2026, reinforcing our role in supporting Vision 2030 and advancing Saudi Arabia’s capital markets infrastructure.

STAT Issues ISDA Notices Hub Legal Opinion for Saudi Arabia

STAT issued the ISDA Notices Hub legal opinion for Saudi Arabia, advancing legal certainty for critical notices under master agreements and supporting Vision 2030 and global market infrastructure.

STAT Advises Substantial Shareholders on Controlling Stake Sale in United Mining Industries

STAT advised on the SAR 504M majority stake sale in United Mining Industries, setting new standards in legal excellence and supporting Vision 2030 and global investment.

STAT Partner Yazeed Altoaimi Appointed to the Board of Directors of the Saudi Bar Association

STAT is proud to announce the appointment of our Partner, Yazeed Altoaimi, to the Board of Directors of the Saudi Bar Association by decision of His Excellency the Minister of Justice, further strengthening STAT’s leadership in Saudi Arabia’s legal sector.

STAT: Supporting the Development of Saudi Arabia’s Financial Markets Through the Saudi CMA’s Netting Regulation

STAT advised the Capital Market Authority on drafting the Close-out Netting and Related Collateral Arrangements Regulation, enhancing Saudi Arabia’s capital markets legal framework.

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