Latest Developments

CMA removes Qualified Foreign Investor eligibility framework

The Capital Market Authority removed the Qualified Foreign Investor (QFI) eligibility framework, opening Tadawul to all foreign investors; Investment Law reform is moving toward a registration-based (rather than licensing-based) foreign investment model.

CMA-approved Companies Law Executive Regulation amendments

The Capital Market Authority approved amendments to the Companies Law Executive Regulation, covering board-removal mechanics, profit-distribution rules, beneficial-ownership disclosure, and a unified national commercial register.

Jubail Commercial Port container terminal concession awarded; operations commence

Following Mawani's award of a 20-year BOT-style concession to Saudi Global Ports (via Modern Port Services Company) as part of an 8-port, SAR 2.2bn multipurpose-terminal programme, container terminal operations at Jubail Commercial Port commenced 1 April 2026 — quay extended to 1,400m, capacity increased from 1.5M to 2.4M TEU/year.

NREP Round 7 tendered — 5.3 GW across 6 projects

SPPC opened tendering for National Renewable Energy Program Round 7: 5.3 GW across 4 solar and 2 wind projects.

National Privatization Strategy launched

Saudi Arabia launched its National Privatization Strategy (Cabinet-approved November 2025), targeting 220+ PPP contracts and SAR 240 billion in private capital by 2030, with eligible sectors widened from 10 to 18.

NREP Round 6 awards 4.5 GW of renewable capacity

Saudi Power Procurement Company (SPPC) awarded National Renewable Energy Program Round 6, comprising 3 GW of solar (including the 1.4 GW Najran project) and 1.5 GW of wind (Dawadmi).

Al Haer ISTP reaches financial close

The Al Haer Independent Sewage Treatment Plant (sponsor consortium Miahona 45% / Marafiq 35% / BESIX) reached financial close (~February 2025); commercial operation is targeted for Q4 2026.