The Kingdom of Saudi Arabia has outlined a strategy to achieve diversification through its “Vision 2030” plan, pursuing an aggressive program of economic reform to create an enabling environment for foreign and domestic investment. These reforms have resulted in an increase of all tracked measures on the World Bank’s 2020 “Ease of Doing Business” Index, including 3rd in the world for protecting minority investors and top quartile rankings for starting a business and registering property. In addition, several more sectors have been opened for foreign investment and a high-level standing committee has recently been set up to evaluate and allow foreign investments in strategic and sensitive sectors as well.
AlGhazzawi and Partners has been advising domestic and foreign investors for over 50 years and we fully understand the commercial aspects and objectives of such investments. We work closely with our clients to create strategies for market entry, including new business structuring, mergers and acquisitions, franchising/distribution agreements, financing arrangements, Intellectual property protection, taxation, employment, and real estate acquisition.
Saudi Arabia’s foreign investment incentives, young demographics, growing middle class, large and skilled local population, vast oil and mineral resources, along with its strategic location on the Arabian Peninsula between the Red Sea and the Arabian Gulf, all serve to make it the prime destination for foreign direct investment in the Middle East and North Africa.
Our business investment specialists apply a comprehensive legal approach to market entry as well as in protecting and furthering the interests of existing enterprises. They work together with our experts in key practice areas to provide specific and customized advice for every investor’s unique requirements. We also have a strong working relationship with the Ministry of Investment, the agency that oversees foreign investment activities in Saudi Arabia.
Furthermore, we are widely considered to be leaders in dispute resolution services in the Kingdom, with a deep understanding of all available preventative and active mechanisms that can be applied in the event of disagreement among partners, including Alternative Dispute Resolution and Litigation. This holistic approach has enabled us to provide foreign and domestic investors with peace of mind and the full range of legal services required to confidently operate and compete in the local market.
for over five decades, our firm has advised domestic and international business investors on how to successfully enter the Saudi market and protect their interest no matter the complexity of their projects.
Whether you are a Saudi Entrepreneur or a foreign company looking to do business in the Kingdom, we invite you to contact us to discuss your particular investment project. With offices located in Jeddah, Dammam, and Riyadh, we support investors across the Kingdom. Contact us to book a consultation.
We offer end-to-end legal investment advice services for market entry and investment structuring.
This includes setting up new businesses, handling mergers and acquisitions, drafting franchising
and distribution agreements, securing financing arrangements, protecting intellectual property,
managing taxation and employment, and facilitating real estate acquisition.
We have represented investors and institutions on high-value, complex transactions, including:
● A SAR 500 million real estate portfolio assembly for a leading investment trust.
● A $350 million LBO acquisition in the jewelry sector with a regional investment house.
● A $3.2 billion investment in 12 towers in Makkah by a UAE bank and a Kuwaiti real estate group.
● Equity participation advisory for a multilateral development bank in a Saudi real estate company.
● Multiple multi-million dollar acquisitions of Saudi car lease and real estate companies with GCC and
Hong Kong-based investors.
Let us help you conduct business with confidence. Contact our legal team today for immediate assistance.
It’s an exciting time to start a new business in the Kingdom. Whether you’re a Saudi national with entrepreneurial ambitions or a foreign company assessing the market, we can help.
It’s an exciting time to do business in the Kingdom. Working with the right law firm makes all the difference. Whether you’re a Saudi national with entrepreneurial ambitions or a foreign company assessing the market, we can help.
