VOL. XL

No. 25

23-June-1997

SAUDI ARABIA

"One Stop Investment Shop" In Saudi Arabia

The new foreign investment law currently under consideration in SaudiArabia contains a provision that should facilitate investment by foreigners in thecountry, according to the London-based Arabic daily al-Hayat. The clause willcreate a centralized office, a "one stop shop," that will take care of all theofficial procedures involved in the setting up of a joint-venture business in the country.The idea is to...