The new Investment Law enacted by Royal Decree No. (M/19) dated 16/1/1446H marks a significant shift in Saudi Arabia's approach to foreign capital. It replaces the previous Foreign Investment Law and introduces a more open, transparent framework that treats foreign and local investors equally in most sectors.
Key highlights include:
- National Treatment: Foreign investors now enjoy the same rights and obligations as Saudi nationals, except in sectors excluded for national security or strategic reasons.
- Simplified Licensing: The Ministry of Investment (MISA) has streamlined the licensing process, reducing approval times and removing redundant requirements.
- Dispute Resolution: Investors can access Saudi courts, arbitration centers, or international arbitration under the new law.
- Property Ownership: Foreign companies licensed in the Kingdom can now own real estate necessary for their activities, subject to certain conditions.
These changes position Saudi Arabia as one of the most attractive investment destinations in the MENA region. Our Firm assists foreign investors from initial licensing and joint-venture structuring to ongoing compliance and dispute resolution.
