The legal regime of foreign private investment in the Sudan and Saudi Arabia

Although developing countries require foreign investment for growth, investors often encounter a range of obstacles in the existing economic order. This comparative study of two developing countries with similar socio-ethnic backgrounds--the Sudan and Saudi Arabia--considers how international and Islamic law have evolved in new directions in post-Soviet years. Topics include incentives and facilities for foreign investors, investment treaties, investment insurance programs and remedies for aggrieved investors. Developing countries require foreign investment for growth; yet in the existing economic order, investors often come across a range of obstacles. This revised edition draws on the author's experience both as a legal academic and international investment lawyer to detail the interaction between new and traditional understandings of investment insurance. This comparative study of two countries with similar ethnic, religious and social backgrounds - the Sudan and Saudi Arabia - considers how international and Islamic law have evolved in new directions in the post Soviet years. He considers the rules, both at the domestic and the international level, for the protection and promotion of foreign investments, as well as the incentives and facilities provided for foreign investors. He also details investment treaties, national, regional and international investment insurance programmes, and remedies for aggrieved investors. Of interest to legal academics as well as business and legal professionals involved with investment in developing countries. Table Of Cases -- Tables Of Statutes -- Tables Of Treaties -- Foreign Investment In Politico-economic Perspective -- Prerequisites For The Admission Of Investments -- Impediments To Foreign Investment -- Legal Incentives -- Unilateral Guarantees -- Investment Treaties : Bilateral And Multilateral -- Investment Insurance Programmes -- Assessment Of Compensation -- Economic Development Agreements -- Settlement Of Investment Disputes -- Unilateral Sanctions By Home States -- General Appraisal. Fath El Rahman Abdalla El Sheikh. Includes Bibliographical References (p. 529-545) And Index. This comparative study explores how international and Islamic law have evolved in Sudan and Saudi Arabia, and how foreign investment policy in these two countries have changed. The author considers the rules both at the domestic and the international level, for the protection and promotion of foreign investment, as well as the incentives and facilities provided for foreign investors. He also details bilateral and multilateral investment treaties, national, regional and international investent insurance programmes, and remedies for aggrieved investors