Middle East Economic Survey

VOL. L

No 15

9-Apr-2007

SAUDI ARABIA

SEC Shortens Negative List For Foreign Investment

The Supreme Economic Council (SEC) of Saudi Arabia has removed from the negative list of sectors out of bounds to foreign investors vital activities such as insurance services, wholesale and retail trade, air and rail transport and communication services, the SECs Secretary General 'Abd al- Rahman al-Tuwaijiri has said. The negative list was first announced by SEC in early 2001 (MEES,...