VOL. XLIV
No. 09
26-February-2001
SAUDI ARABIA
Saudi Arabias Negative Investment List Project An Ongoing Process
The Saudi Arabian Supreme Economic Council announced on 12 February that it had finalized the countrys negative list, which delineates those economic sectors off limits to 100% foreign ownership. The list includes 19 sectors comprising oil exploration, drilling and production, insurance, real estate, investment in the holy cities of Mecca and Medina, telecommunications, fishing,...
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