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New Investment Law in Saudi Arabia: Promising Horizons for Investors

In a historic move reflecting Saudi Arabia’s commitment to enhancing its investment environment, the Kingdom has recently issued a new Investment Law. This law, aligned with Saudi Vision 2030, represents a quantum leap in the Saudi investment landscape and opens new horizons for both local and foreign investors.

Why is the New Investment Law Revolutionary in the Saudi Business World?

The new Investment Law is characterized by several unique features:

1. Comprehensive Scope: Unlike the previous law which focused solely on foreign investment, the new law encompasses both local and foreign investors, creating a unified and integrated investment environment.

2. Promoting Economic Diversity: The law aims to increase GDP and achieve economic diversification, in line with the objectives of Vision 2030.

3. Empowering the Private Sector: The law enhances the role of the private sector in the national economy, opening up more investment opportunities.

4. Legal Guarantees: The law provides clear guarantees and rights for investors, increasing confidence in the Saudi investment environment.

5. Promoting Fair Competition: The law ensures equal treatment for all investors, creating a healthy competitive environment.

6. Simplifying Procedures: The law aims to facilitate the regulatory environment and simplify investment procedures.

How Was the Law Developed?

• The process of developing the new Investment Law was characterized by inclusivity and participation. Its formulation and development involved:
• – Various government agencies
• – Representatives from the private sector
• – International organizations specializing in investment

This broad participation ensured that the law aligns with global best practices in investment while considering the economic and social specifics of the Kingdom.

What Does This Law Mean for Investors?

The new Investment Law opens wide horizons for investors:
– Greater investment opportunities across various sectors
– A clearer and more transparent regulatory environment
– Enhanced legal protection for investments
– Greater potential for fair competition in the Saudi market
– Simplified procedures for starting and managing investments

Alsoaib’s Role Under the New Law

At Alsoaib Law Firm and Legal Consultations, we see the new Investment Law as a golden opportunity for investors wishing to benefit from the enormous potential offered by the Saudi economy. 

We are fully prepared to provide:
– Specialized legal consultations on the details of the new law
– Assistance in adapting existing businesses to the requirements of the new law
– Legal support for new investors wishing to enter the Saudi market
– Continuous monitoring of any updates or changes in the law’s executive regulations

The new Investment Law represents the beginning of a new era in the Saudi investment landscape. At Alsoaib, we look forward to working with you to explore and optimally leverage the new opportunities this law presents.

For more information about the new Investment Law and how to benefit from it, please don’t hesitate to contact our specialized legal team.

Contact Us

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Mohammed Al-soaib Board member for international chamber of commerce participated in the activities of the regular meeting of the work of the arbitration and dispute settlement of the International Chamber of Commerce, held in Paris in the presence of 300 specialists and professionals in arbitration

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Honoring the lawyer Mohammed bin Hamad Alsoaib

Nesto honors lawyer Mohammed bin Hamad Alsoaib for his outstanding performance in the work presented to the company

        For more achievements of Mohammed bin Hamad Alsoaib press here

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Under the auspices of His Excellency The Minister of Trade and Investment Dr. Majid bin Abdullah al-Kasabi launched the Saudi Conference on Law II, which was held on November 3 to November 5, 2019 in Riyadh, Saudi Arabia, comes in strategic partnership with the Ministry of Trade and Investment and the Saudi Authority Intellectual Property, The Saudi Bar Association, the Bankruptcy Commission and The Saudi Fintech (one of the departments of the Financial Sector Development Program. Mr. Mohammed alsoaib, chairman of ( AlSoaib & Partner law firm ) participated in the conference with a group of representatives of the International Chamber of Commerce, followed by a dinner after the conference on his private farm that included Mr. Sami Al-Hawari and a gathering of fellow lawyers in the UAE and Saudi Arabia

For more achievements of Mohammed ALSaib Press Here

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Mr.Mohammed Al Soaib Chairman of Al soaib & Partner, Participate in the second international conference of commercial arbitration under the title “The development of arbitration in the Middle East and North Africa, reality and ambition”, in the presence of the Minister of Justice, President of the Supreme Council of The Judiciary Dr. Walid Al-Sa’aani, and Minister of Finance Mohammed Al-Ja’an, More than 37 local and international speakers, including a number of ministers, and a high-level international and local presence

For more achievements of MR Mohammed Al Soaib Press here

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[:en]According to a report issued by the General Administration of training at the Ministry of Justice that these training programs included programs Institute of Public Administration which benefited (4648) employees from all departments of the Ministry and its departments, and included external programs,

Ministry of Justice Training workshops and forums

workshops and forums which benefited (22) competent staff, and specialized training programs such as specialized programs staff money houses and that an estimated included (4) training programs that train them ( 100) employees, and programs competent prepares opponents trained by (50) employees included two training programs, and programs competent sheets lawsuit trained by (25) trainees, programs and specialized copywriters disciple of (11) program trained them (275) employees,

also included a specialist for training (125) from bailiffs implementation, and two specialists for employees of security management and safety training which (50) employees of the Safety and Security Department, and the (50) a specialized program for notaries trained them (500 notary), training (50) employees of the signal on the two languages specialized skills for dealing with the auditors for the deaf and dumb.

The ministry provided programs also included in the past year training (5425) employees at (217) training program in behavioral management programs and training (575) employees who recently joined the facility Justice in (23) a program for the rehabilitation of new employees. [:]

For more achievements of MR Mohammed Al Soaib Press here

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