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Global Trade Alert

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Saudi Arabia: Foreign companies that provide engineering services and associated consultancies can for the first time be owned 100% by foreigners

Description

On 7 August 2017, the General Investment Authority of Saudi Arabia, announced that for the first time will enable foreign companies that provide engineering services and associated consultancies, to b...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

07 Aug 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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