29/08/2022
Investment Climate in Saudi Arabia
Saudi Arabia’s investment environment reflects the country’s traditions of liberal, open-market private enterprise policies. There are no restrictions on foreign exchange and no restrictions on the repatriation of capital and profits. The Saudi Government officially encourages foreign direct investment. From the earliest days of its industrial development until the present, the Kingdom has sought to harness and benefit from the experience and expertise of foreign companies. The government is especially supportive of foreign investment in joint ventures with Saudi partners, although wholly foreign-owned firms are allowed to operate in the Kingdom without restrictions. Such entities are rare, however, because of the attractive incentives available to firms with at least 25 percent Saudi equity.
http://the-saudi.net/business-center/investment-climate.htm