Foreign Investments

Foreign investment in Saudi stock market up by 150%

It is reported that the foreign investment in the Kingdom's stock market increased by more than 150 percent by the end of Q2 2021, compared to late 2018. Banking, basic materials, energy and communications attracted the most foreign investment. This can be attributed to the Saudi Arabia’s efforts to develop the financial market and expand the institutional investment base. The value of foreign investment in Saudi Stock Market was USD 73.6 billion in 2021Q2 comprising mainly of Qualified Foreign Investors...

Foreign Ownership Laws in the GCC

With economic diversification and industrial growth becoming a key part of the reforms agenda in the GCC, there is much attention being focused on the foreign ownership regime across the bloc. This note will delve into the foreign ownership laws in the GCC, starting with Kuwait. Kuwait: In 2013, the Kuwaiti authorities issued the new Foreign Direct Investment Law (“FDI Law”) with respect to the promotion of direct investment in Kuwait. According to the new FDI Law, investments into Kuwait...