VOL. XLIII

No. 09

28-February-2000

SAUDI ARABIA

Saudi Arabias SEC Finalizes Draft Foreign Investment Legislation

Saudi Arabias recently formed Supreme Economic Council (SEC) has drafted new legislation pertaining to foreign investment in the kingdom, according to the Saudi Press Agency (SPA) which reported on 21 February that the SEC had finalized two new bills one related specifically to foreign investment and the other to the overall investment framework. The draft laws, once ratified, will...