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Saudi Arabia to Implement Executive Regulations for New Competition Law on Sep. 25

Part of a workshop organized by the General Authority for Competition in the Chamber of Commerce and Industry in the Eastern Province (Asharqia Chamber) | Asharq Al-Awsat
Part of a workshop organized by the General Authority for Competition in the Chamber of Commerce and Industry in the Eastern Province (Asharqia Chamber) | Asharq Al-Awsat
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Saudi Arabia to Implement Executive Regulations for New Competition Law on Sep. 25

Part of a workshop organized by the General Authority for Competition in the Chamber of Commerce and Industry in the Eastern Province (Asharqia Chamber) | Asharq Al-Awsat
Part of a workshop organized by the General Authority for Competition in the Chamber of Commerce and Industry in the Eastern Province (Asharqia Chamber) | Asharq Al-Awsat

An official at the Saudi General Authority for Competition (GAC) has announced that the executive regulation of the new competition law will come into effect on September 25.

Director of Legal Affairs at GAC Abdulaziz al-Obaid said the new Saudi competition law has fostered flexibility to boost the economy and support business enterprises.

He pointed out that the law, comprising 91 articles and 11 chapters, extended exemptions and developed the procedures of mergers and acquisitions by examining mergers to allay fears of other competitors.

Obaid explained that the system will include all establishments, businessmen, and persons who do agricultural, industrial or service projects in the Saudi market, with the exception of public institutions that are wholly owned by the state or institutions authorized to provide goods and services in a specific field.

His remarks were made during a workshop organized bu GAC in the Chamber of Commerce and Industry in the Eastern Province (Asharqia Chamber) to introduce the new competition law amid wide business men's participation.

He pointed out that the draft law includes a chapter on the rules of reconciliation and settlement, a procedure applied for the first time in the new law.

The GAC shall receive a request for reconciliation from the establishment, which initiates evidence to disclose or be detectable partners in violations of the law provisions.

It shall also receive a settlement request from establishments that violate the law provisions.

The GAC board has the right to establish one or more permanent or temporary committees to consider applications for reconciliation or settlement and compensation for the victims.

The new law entitles the GAC to discuss establishments and requests to be provided with the necessary reports and data.

The new competition law seeks to bolster the economy’s efficiency, reduce the adverse effects on the economic and social system, create an attractive competitive environment for investments, provide a coherent, continuous and balanced development of economic activities, achieve fair prices and quality, in addition to enabling the private sector to engage in various economic activities.

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Gulf

Saudi Defense Minister: Time for STC to Withdraw from Yemen's Hadhramaut and Al-Mahra

Saudi Defense Minister Prince Khalid bin Salman. (Asharq Al-Awsat)
Saudi Defense Minister Prince Khalid bin Salman. (Asharq Al-Awsat)
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Saudi Defense Minister: Time for STC to Withdraw from Yemen's Hadhramaut and Al-Mahra

Saudi Defense Minister Prince Khalid bin Salman. (Asharq Al-Awsat)
Saudi Defense Minister Prince Khalid bin Salman. (Asharq Al-Awsat)

Saudi Defense Minister Prince Khalid bin Salman said on Saturday it “was time for the Southern Transitional Council in Yemen to listen to reason and prioritize public interest and unity of ranks and respond to the Saudi-Emirati mediation to end the escalation.”

In a post on the X platform, he called on the STC to withdraw its forces from the eastern Hadhramaut and al-Mahra provinces and restore control to the National Shield and local authorities.

Prince Khalid said Saudi Arabia formed the Arab coalition to restore legitimacy in Yemen to help the country reclaim control over all of its territories.

The liberation of southern provinces was a pivotal development towards that goal, he stressed.

Saudi Arabia “views the southern issue as fundamental” to Yemen and it will not “exploit it in conflicts that do not serve” the nation, he added.

The Kingdom had brought together all Yemeni components to the Riyadh conference to come up with a clear path for a comprehensive political solution, including the southern issue, he went on to say.

The conference paved the way for a “just solution to their cause through dialogue and without the use of forces.”

“Saudi Arabia approved the decision to move the base of power so that the southerners could have a greater role in state institutions. It consolidated partnership instead of elimination or imposing a status quo through forces. Saudi Arabia also presented Yemen with economic support, as well as development and humanitarian initiatives that helped ease the suffering of the people,” Prince Khalid added.

“Saudi Arabia and its partners in the coalition offered sacrifices with their Yemeni brothers in liberating Aden and other provinces,” he noted. “The Kingdom has always sought that these sacrifices be made in the name of reclaiming territories and restoring the state, not as a path towards new conflicts.”

It had hoped that these sacrifices would have been “invested in the security of all Yemeni people, not exploited for petty gains, whereby the unfortunate developments in Hadhramaut and al-Mahra since the beginning of December 2025 have led to the division in ranks that should be united against the enemy.”

“The developments have laid waste to the sacrifices of our sons and Yemeni people and have harmed the just southern issue,” stressed Prince Khalid.

He noted that several southern leaderships and figures have exhibited “awareness and wisdom in supporting efforts to end the escalation in Hadhramaut and al-Mahra and prevent the secure southern provinces from being dragged into futile conflicts.”

“They are aware of the major challenges facing Yemen and will not allow saboteurs to achieve their goals in the country and the region,” he remarked.

He declared that the “southern issue will remain part of any comprehensive political solution. The cause will not be neglected or marginalized. It should be resolved through consensus, adhering to commitments and building trust between all Yemeni segments, not through adventures that only serve everyone's enemy.”

Gulf

Arab Coalition: We Will Deal with Military Moves that Violate De-escalation Efforts

Coalition spokesman Brigadier General Turki al-Malki. (SPA)
Coalition spokesman Brigadier General Turki al-Malki. (SPA)
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Arab Coalition: We Will Deal with Military Moves that Violate De-escalation Efforts

Coalition spokesman Brigadier General Turki al-Malki. (SPA)
Coalition spokesman Brigadier General Turki al-Malki. (SPA)

Spokesman of the Arab coalition to support legitimacy in Yemen Brigadier General Turki al-Malki said on Saturday that “any military moves that violate de-escalation efforts will be dealt with directly to protect lives and ensure the success of Saudi and Emirati efforts.”

The statement is in response to a request by Yemen’s Presidential Leadership Council Chairman Dr. Rashad al-Alimi, who called for immediate steps to protect civilians in the eastern Hadhramaut and al-Mahra provinces in wake of the “grave and horrific” violations by members of the Southern Transitional Council (STC).

It is also in continuation of the strenuous joint efforts by Saudi Arabia and the United Arab Emirates to de-escalate the situation and ensure the withdrawal of STC forces, who have been demanded to cede control to the National Shield forces and allow the local authorities to carry out their duties.

Malki underlined the Arab coalition’s continued firm support for the legitimate Yemeni government.

He also urged all sides to assume their national responsibility, exercise restraint and comply with efforts to reach peaceful solutions that preserve security and stability.

Gulf

Saudi Arabia Carries out Warning Strike on Yemen’s Hadhramaut, STC Says ‘Open to Coordination’

Southern forces patrol during a rally calling for South Yemen's independence, in the southern port city of Aden, Yemen, 25 December 2025. (EPA)
Southern forces patrol during a rally calling for South Yemen's independence, in the southern port city of Aden, Yemen, 25 December 2025. (EPA)
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Saudi Arabia Carries out Warning Strike on Yemen’s Hadhramaut, STC Says ‘Open to Coordination’

Southern forces patrol during a rally calling for South Yemen's independence, in the southern port city of Aden, Yemen, 25 December 2025. (EPA)
Southern forces patrol during a rally calling for South Yemen's independence, in the southern port city of Aden, Yemen, 25 December 2025. (EPA)

Saudi Arabia called for calm in eastern Yemen, urging an end to unilateral military moves and for the Southern Transitional Council (STC) forces to return to their former positions outside of the Hadhramaut and al-Mahra provinces.

Riyadh, meanwhile, demonstrated its stance on the ground by carrying out a warning air strike, informed sources told Asharq Al-Awsat.

The strike sought to deliver a message that it will not allow a new status quo to be imposed on the ground by force and that it will not allow the violation of institutional frameworks that handle security in the eastern provinces.

It warned that any further escalation will be met with firmer measures.

Meanwhile, the STC, in an attempt to justify its military moves, said they were in “response to calls from residents of the south” and an attempt to confront terrorist threats and block Houthi smuggling routes.

The STC added that it was “open to any coordination or arrangements with Saudi Arabia”, questioning the airstrike, which it said “does not serve understandings.”

Observers told Asharq Al-Awsat that Saudi Arabia will welcome the coordination and arrangements if they helped end the escalation, led to the withdrawal of the STC and allowed the National Shield forces and the local authority to take over Hadhramaut and al-Mahra without needing to resort to force.

They stressed that the strike will lead to delivering the clear message that Riyadh may impose red lines by force to prevent any escalation.

Sourced told Asharq Al-Awsat that any future settlement over restoring the unity of Yemeni ranks will condition a return to the former status quo.