The Consequential Provisions For The Anti- Bankruptcy Settlement Laws For The Foreign Investor

Abstract

This project is ready to study and discuss the Kingdom of Saudi Arabia, Anti- bankruptcy Settlement Laws, and opportunities for the Foreign Investor. Saudi Arabia is considered a developmental country. Saudi Arabia depends on crude oil and its derivatives as a vital resource. It is, therefore, evident that countries are focused on consumption, that foreign organizations have economic opportunities, and that the market can absorb various brands and industries. Regular consumer expectations and unlimited choices are higher with globalization trends and exposure. As the means of telecoms have rapidly changed, a new bankruptcy law has just been published in Saudi Arabia. This is the latest in a series of reforms to promote foreign and domestic investors through a corporate legal framework under Vision 2030, further boosting their participation. This article presents an overview of the new bankruptcy law and its impact on Kingdom-based firms.