Recognizing the importance of family businesses and the distribution of wealth within them—particularly as they hold the largest share of the Saudi market structure, whether through ownerships, partnerships, or agencies among family members or with others inside and outside the Kingdom—and in line with the concern of the relevant authorities to issue regulations and bylaws that ensure the stability of this sector without tying it solely to personal considerations that vanish with the loss of individuals and thus expose interests to risk, we are honored to contribute to this sector and its stakeholders by providing legal support that preserves personal considerations while integrating them with best practices related to financial considerations, taking into account the relevant regulations such as the Family Charter issued by the Ministry of Commerce, the Companies Law issued by Royal Decree No. (M/132) dated 1/12/1443H, and the Cabinet Resolution No. (678) dated 29/11/1443H, as follows:

• Restructuring a family business by establishing a holding company in the engineering and contracting sector for several companies and factories.

• Dividing an inheritance that includes assets inside and outside the Kingdom through restructuring in line with the heirs’ orientation toward real estate funds, with a value exceeding SAR 2 billion.

• Representing a client in redistributing the assets and properties of his industrial business through gifting to his descendants by establishing a family company with an operational capital of SAR 200 million.

• Drafting a family charter for a family business to ensure the stability of both commercial and non-profit activities among family members in accordance with applicable laws.

• Drafting a family charter (45 members) for governance of ownership and management among heirs as owners and executives to guarantee preemptive rights and prevent conflicts of interest.

• Restructuring ownership among heirs concerning their inherited estate, including assets and holdings inside and outside the Kingdom, with a total value exceeding SAR 115 million.