Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Legal Treatment of Foreign Direct Investment in Saudi Arabia

Author(s): Khaled Alanazi, Salawati Mat Basir

The function of international law is no confined to regulation of affairs between states in the context of globalization and the World Trade Organization and its attendant appearances of global openness and trade liberalization, but rather encompasses intervention of the international movement of foreign capital and the establishment of legal rules and principles to reduce restrictions and barriers to trade. This is in addition to the obligations established by bilateral and collective treaties for the protection of foreign investments, as well as other procedural measures to encourage and protect investments. Accommodative treatment through regulations should be provided for foreign direct investment in Saudi Arabia in order to entice investors all over the world. More so, accommodative treatment of investors will bust Saudi Arabia economy and increase the country GDP. Hence, these papers will critically analyses treatment of foreign direct investment in Saudi Arabia in terms of the enjoyment of rights and obligations as set out in the foreign direct investment law and its executive regulations, and range of security provided by law in instance of dispute concerning foreign direct investments in Saudi Arabia.

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