Global Trade Alert
Global Trade Alert

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

Announcement

07 Aug 2017

On 7 August 2017, according to the state-owned Saudi Press Agency, foreign companies that provide engineering services and associated consultancies in the Saudi jurisdiction, can for the first time be owned 100% by foreign parties.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

07 Aug 2017

Revocation date:

No revocation date

Updated: 07 Aug 2017
FDI: Entry and ownership rule In force

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 an...

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