Tuesday 20 February 2018

Rule of law essential to attract foreign investment, says top US management consultant | Arab News

Rule of law essential to attract foreign investment, says top US management consultant | Arab News:

"Countries in the Middle East and North Africa must pursue the “transparent enforcement of the rule of law” if they are to attract vital foreign direct investment, according to a leading consulting firm advising several governments in the region, including that of Saudi Arabia. AT Kearney, the American consultant, said that corruption is one of the big factors deterring foreign investment in the Middle East, and praised Saudi Arabian government plans for economic reform, which it described as a “genuine committed effort” to transform the Kingdom’s economy and society. “The Saudi reform efforts are incredibly impressive, and the commitment to achieving them is sincere,” said Rudolph Lohmeyer, vice president of Kearney’s global business policy council."



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