Saudi Press

Saudi Arabia and the world
Wednesday, Jul 02, 2025

New Investment Law to treat Saudi and foreign investors equally

New Investment Law to treat Saudi and foreign investors equally

The Ministry of Investment is drafting a new Investment Law under which the local and foreign investors will be treated equally. The ministry is currently completing studies with regard to various provisions of the draft law, which will come into force after the necessary approval from the higher authorities in the near future, Okaz/Saudi Gazette has learnt from well-informed sources.
The ministry is working to facilitate the procedures for attracting and protecting direct investments, enhancing investment environment, preserving investor rights, and increasing their confidence in local investments.

According to the provisions of the draft law, the local and foreign investors would be treated equally with regard to their direct investments.

Foreign investors will enjoy neutral treatment without any discrimination, and they will have the freedom to manage, sell and dispose of their economic projects, as well as to own the properties that are necessary to ensure smooth operation of the economic project.

Foreign investors will have the freedom to conclude commercial contracts; acquire, liquidate or sell any company, facilitate procedures and provide facilities with making available of the necessary support and assistance by all competent authorities.

There are provisions in the law to transfer funds from inside and outside the Kingdom, and these include transferring the proceeds and profits of the economic project.

It also includes selling and liquidating it through regular channels using any recognized currency inside the Kingdom or disposing it by any other legitimate means; protection of intellectual property, confidential commercial information and personal data, and approaching the competent courts or arbitration centers in the Kingdom.

There will be provisions in the new law to impose fines amounting to SR500,000 on anyone who violates the law or its executive regulations after giving him a deadline to rectify the violations. If no rectifications were made, the investor’s registration or license will be canceled, as well as revoking all or some of the investment facilities granted to the investor.

The law aims to support the principle of competitive neutrality and fairness and ensuring equal opportunities in the treatment of direct investments made by public and private investors. The local and foreign investors will be subject to the same sectoral approval requirements for licenses and registration, as well as for approvals or permits for certain economic activities or special economic zones.

The draft law forbids the confiscation of direct investments in whole or in part except by a court ruling, and it is not permissible to expropriate them in whole or in part except for the public benefit and in return for a fair compensation.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
×