The HCLA has published a summary report on Foreign Direct Investment and Arbitration in the Kingdom of Saudi Arabia.
This summary is part of the ‘Think Global, Go Global‘ programme and aims to provide readers with an overview of the Kingdom’s investment and arbitration laws, highlighting the country’s economic growth and investment diversification objectives as set out in its Vision 2030.
To achieve this, the report draws on legislative reports, laws and regulations from the Kingdom, as well as reports from international bodies such as UNCTAD, UNCITRAL and the World Bank. It examines the 2000 Investment Law and its updated version, the 2022 Investment Law, which is currently under legislative review, and discusses the interface between the investment laws and the arbitration law.
It is important to note that this report is for information purposes only and is based on various HCLA reports, KSA regulations and related research material. It does not constitute legal advice or an official opinion of the HCLA and its members. It is therefore always advisable to seek professional legal advice on matters relating to FDI and arbitration.
For more information on this topic and TGG’s Law & Business programme, please contact us at tgg@hclanl.com