The Saudi government has already begun opening up many of the economy's sectors to private investors both domestic and foreign. New laws and regulations such as the Capital Markets Law, the Insurance Law, and new Income Tax Law are necessary to ensure that the private sector has access to diverse financial resources essential to its growth.

The increased economic activity in the region due to higher oil prices and the growing population are likely to see huge investments in virtually every sector, particularly construction and infrastructure. Saudi Arabia's investment projects for the next 15 years total SAR 2.3 trillion (USD 613 billion) and is open to local, regional and international investors. A significant growth opportunity for insurers is expected.