Alqanoni

Investment Law

Art. 8
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The competent authority shall issue and update the list of excluded activities, and the Ministry shall publish said list. 2. The foreign investor shall, prior to engaging in any investment activity included in the list of excluded activities, apply to the Ministry for approval. The Ministry shall refer the application to the competent authority. 3. The foreign investor shall, prior to making any change affecting the ownership of his investment in any of the restricted activities included in the list of excluded activities, apply to the Ministry for approval. The Ministry shall refer the application to the competent authority.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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