The comparison between Saudi Arabia and the UAE regarding investment encompasses various aspects of their economies, regulations, and infrastructure. Below are some key points that can help in understanding the differences and similarities between the two countries:

Laws and Regulations:

• Saudi Arabia:

1. The country has advanced investment laws, especially after the introduction of the new "Investing in Saudi Arabia" law.
2. The "Vision 2030" program aims to diversify the economy and attract foreign investments.
3. Saudi Arabia offers a range of tax incentives and other benefits to new companies and investors.

• UAE:

1. The UAE boasts a progressive investment environment and flexible legal frameworks that attract foreign investments.
2. It provides state-of-the-art facilities and developed infrastructure that support all economic sectors.
3. The UAE implements innovative investment policies such as free zones and special economic areas to foster economic growth.

Infrastructure and Facilities:

• Saudi Arabia:

1. The Kingdom is heavily investing in improving its infrastructure, focusing on transportation, energy, and communications.
2. Major projects like “NEOM” and “Green Riyadh” are enhancing the country's investment appeal.

• UAE:

1. The UAE has an advanced and integrated infrastructure, including ports, airports, roads, and communications.
2. It hosts global projects like “Jumeirah Dubai” and “Mohammed Bin Rashid Al Maktoum City,” which support innovation and global investments.

Key Economic Sectors:

• Saudi Arabia:

1. The country has a significant oil sector and is working to diversify its economy to include sectors like tourism, entertainment, and manufacturing.
2. Saudi Arabia is focusing on building non-oil sectors to enhance economic sustainability.

• UAE:

1. The UAE enjoys a highly diversified economy, including sectors like tourism, retail, technology, financial services, and real estate.
2. It is promoting innovation and technology sectors through strategic projects like the “Artificial Intelligence City.”

Political and Security Stability:

• Both Saudi Arabia and the UAE enjoy political and security stability, which enhances their attractiveness as leading investment hubs in the region.

الاستثمارات الأجنبية المباشرة:

• Saudi Arabia and UAE: attract substantial foreign investments across various sectors thanks to their attractive investment policies and advanced infrastructure.

In summary, both Saudi Arabia and the UAE are excellent investment destinations in the Middle East. Each country, however, has its own approach and focus on economic and investment development. The opportunities and challenges vary between them, offering unique advantages to international investors depending on their needs and business strategies.