In 2018, Saudi Arabia's Ministry of Commerce and Investment (MOCI) published a new Bankruptcy Law aiming to provide bankrupt or insolvent debtors the opportunity to reorganize or rescue their business and streamlining the liquidation process to ensure fairer distribution to creditors upon liquidation. The new Bankruptcy Law is also intended to improve the investment environment and attract more investments to Saudi Arabia and reinforce confidence in the credit market and financial transactions. These goals are in line with the country's goals for Saudi Vision 2030.