Jason Huf has, for almost 20 years, centered the focus of his professional work on the Middle East. Furthering economic development, including and especially increased Foreign Direct Investment (FDI), have been helpful in generating conditions giving rise to a broader, more self-sustaining, increasingly cosmopolitan - but still an authentically Arab and Islamic - middle class in the Gulf region. The associated societal changes have been fundamental to addressing dynamics that need to be addressed if the exciting Vision 2030 reforms initiated by the Saudi Crown Prince, HRH Mohammed bin Salman bin Abdul Aziz al Saud are to fully succeed.
Some of the Kingdom of Saudi Arabia's (KSA) domestic problems have, in the past, become problems that impact the United States and other parts of the world. Mr. Huf is proud that his work and the work of other Business Law practitioners in the region have constituted a small piece of a small piece of a tremendous puzzle, the resolution of which can be of significant benefit to our ever-shrinking global village.
But there are other, more immediately practical, reasons to invest in Saudi Arabia. Mr. Firoz Mohammed, our Senior Legal Consultant in Jeddah - a city in the Western Province (an economic designation, not a political governate) and the center of non-Oil related economic activity and development in the KSA - has written about some of the reasons why now might be a good time to invest there:
Firoz has also written about the basics of FDI and how a foreign company would go about investing in the KSA:
With well-trained, experienced professionals in both the USA & KSA, JHI's attorneys are well placed to assist American companies with transactional business law matters in the KSA, including franchising, construction and banking, as well as disputes arising from business dealings in the Kingdom (litigation in Saudi courts, hearings before local administrative boards or international arbitration).
Contact JHI for more information on how we can help your company to explore - and expand - the boundaries of your business.
Mr. Firoz Mohammed is Senior Legal Counsel in our Jeddah, Saudi Arabia office.