] The Role of the New Saudi Investment System in Supporting Foreign Investment in the Light of Saudi Vision 2030]

Abstract

This study focused on understanding the role of the New Saudi Investment System to support foreign investment in the nation in alignment with the Vision 2030. Therefore, the study also emphasised on providing history along with the background for conducting this research paper. Additionally, the study further focused on reviewing, as well as analysing the overall foreign investment and the regime associated with it, especially in Saud Arabia. The extent to which foreign investors is protected in Saudi Arabia has also been discussed in this particular study. Furthermore, a comparative study concerning the overall roles of new foreign investment laws in Saudi Arabia and Dubai has also been provided in this study along with their impact on the level of FDI has also been highlighted significantly. Besides, a critical analysis regarding the legal protection has also been provided along with summarising the respective findings. Eventually, a brief conclusion and recommendations have also been provided in this study. For understanding the selected topic in detail, a qualitative analysis has been used. This is because qualitative analysis helps in providing in-depth information regarding the identified issue, which in this case has been to understand “The Role of the New Saudi Investment System in Supporting Foreign Investment in the Light of Saudi Vision 2030”. Herein, the qualitative analysis has been conducted with the support of secondary data collected from different sources. In this context, secondary sources have been largely gathered from scholarly journals along with related articles, books, and government & reliable online websites. These sources have helped in collecting adequate and accurate information regarding the identified issue in detail. Hence, it was found that with the implementation of FDI Law in Saudi Arabia, the nation has been able to attract a large number of foreign investors in the respective market.