Saudi Arabia Issues Decree to Permit Foreign Ownership of Retail Pharmacies

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The new law, which offers a unique opportunity for investors in Saudi Arabia’s pharmacy market, forms part of a broader strategy to encourage innovation and foreign investment.

The Kingdom of Saudi Arabia (KSA) has opened its doors to foreign investment in the retail pharmacies sector, marking a significant shift in the regulatory landscape. A recent Royal Decree, effective March 3, 2025, allows foreign ownership in retail pharmacies, creating new opportunities for global investors, eliminating previous ambiguities, and transforming the sector.

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