35th Brigade Denies Commander’s Death in Taiz Clashes
Reports indicate that authorities have issued a decision reducing the number of commercial companies from 35 to 25, in an effort to improve the business environment and increase compliance and standards. The decision is scheduled to be implementedBeginning in June 2026, and includes amendments to company laws and the reduction of bureaucratic procedures. The changes entail imposing fines on violators of up to 100,000 riyals, alongside enhanced oversight and audits of existing and new companies. This decision aims to support the national economy, strengthen market confidence, and achieve higher levels of transparency and regulation.
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