The Saudi Foreign Investment Act of 2000 (Royal Decree M/1 of 1421H) opened the Kingdom to licensed foreign investment through what became SAGIA and later the Ministry of Investment: foreign investors could obtain licences, own projects and repatriate profits within a defined framework. It governed foreign market entry for nearly a quarter of a century until the new Investment Law approved in 2024 replaced the licensing model with a registration-based regime.
Investors whose Saudi vehicles were licensed under the Act, counsel handling disputes rooted in that era, and analysts comparing the old and new regimes are the readers this translation serves.
