Facilitating Foreign Investment Procedures in Saudi Arabia: A Gateway to Growth Facilitating Foreign Investment Procedures: In alignment with the ambitious goals of Saudi Arabia’s Vision 2030, the Kingdom has taken significant legal and regulatory steps to enhance the environment for foreign investors. By streamlining investment procedures and fostering a more transparent business climate, Saudi Arabia has emerged as a leading investment destination in the Middle East. 1. Legal Framework for Foreign Investment To begin with, Saudi Arabia established a flexible and transparent legal framework through the Foreign Investment Law, issued by Royal Decree No. M/1 dated 01/05/1421H. This law grants foreign investors the same rights and guarantees afforded to local investors. Additionally, the government established the General Investment Authority (now the Ministry of Investment) to