News &Publications

News & Publications

Saudi Investment Funds: Key Takeaways from the CMA 2025 Annual Report

STAT shares an analysis of the CMA 2025 Annual Report and its practical implications for fund managers, sponsors and investors in the Kingdom.

Saudi IPO Reset: The CMA’s Proposed Overhaul of Underwriting, Institutional Bidding and Forecast Disclosure

STAT examines how the CMA’s proposed IPO reforms could reshape underwriting, bidding, and transparency for Saudi equity markets.

STAT Authors Saudi Arabia Chapter of the International AI in Financial Services Review 2026/27

STAT authored the Saudi Arabia chapter of the International AI in Financial Services Review 2026/27, outlining the regulatory framework for AI, robo-advisory rules and emerging policies in the Kingdom's financial sector.

More Foreign Ownership: What Does Saudi Arabia Actually Gain?

In the final instalment of his four-part series on foreign investment in Saudi equities, STAT Partner and Head of Equity Capital Markets Robert Vydra examines how broader international participation can support corporate funding, domestic capital recycling and deeper Saudi capital markets.

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.

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