Quiz on the New Companies Law in Saudi Arabia
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Questions and Answers

Which region is facing a hurdle in foreign direct investment (FDI) due to certain limitations in the previous company law?

  • Europe
  • Middle East (correct)
  • US
  • Asia
  • Which organization approved the "New Companies Law" in Saudi Arabia?

  • Saudi Council of Ministers (correct)
  • Saudi Arabian Investment Authority
  • Ministry of Commerce
  • Foreign Direct Investment Council
  • What is the purpose of the "New Companies Law" in Saudi Arabia?

  • To limit foreign direct investment (FDI)
  • To maintain the existing company law
  • To prioritize domestic investors over foreign investors
  • To align the legal position with the approach of the Ministry of Commerce (correct)
  • How long did it take to draft, consult, and review the "New Companies Law" in Saudi Arabia?

    <p>2 years</p> Signup and view all the answers

    Which academic institution is Dr. Rehana Parveen affiliated with?

    <p>Prince Sultan University</p> Signup and view all the answers

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