Updated investment law promotes equality, protects investors: Al-Jadaan

The updated Saudi Investment Law enhances equal opportunities, streamlines procedures, and protects investors, Minister of Finance Mohammed Al-Jadaan said.

He added that targeted public investments support the growth of high-potential sectors and help mobilize private capital, the Saudi Press Agency (SPA) reported.

Speaking during the virtual roundtable meeting of the Resilience Consortium Leaders, Al-Jadaan emphasized the importance of strengthening private sector participation in achieving development goals, driving GDP growth, and fostering an attractive investment environment.

He also underscored the significance of developing promising sectors through targeted public investments and improving digital infrastructure.

Al-Jadaan added that investing in digital government services goes beyond development, as it creates an environment that promotes transparency and efficiency, enabling the private sector to thrive.

Saudi Arabia’s development journey demonstrates how economic transformation flourishes through partnership, the minister stressed.

The virtual roundtable, organized by the World Economic Forum (WEF), aims to bring together ministers, private sector CEOs, and leaders of international organizations to exchange views on the role of the private sector in enhancing resilience, fostering innovation, and supporting growth in emerging markets.