investment Weekly announces 10 licenses for foreign companies

Media In / Agencies / Riyadh January 16, 2018

The General Authority for Investment (SAGIA) announced in its weekly bulletin the new licenses granted to foreign companies, which last week granted 10 new licenses to foreign establishments with total financing of more than 66 million riyals.
He explained Deputy Governor for consulting services investors Ibrahim Saleh Suwail, that the licenses granted last week, ranging from services licenses, commercial, industrial, by 7 licenses for services, and 2 industrial, and one commercial, pointing out that the total funding for licenses amounted to 66 million and 516 thousand And 800 riyals.
Suwail added that licenses 10 granted included foreign facilities in common with the Kingdom, and other foreign companies purely investment, pointing out that foreign enterprises granted licenses are from countries (America, Switzerland, Jordan, Turkey, Ireland, United Arab Emirates, Lebanon, Luxembourg).
The General Investment Authority seeks to attract and enable the quality of investments in promising sectors, and to stimulate the world’s leading companies to pump more investments in line with Vision 2030 UK, where it was during the Saudi-Japanese Business Forum, which carried the Japanese Saudi Vision 2030 slogan, “delivery of three licenses of investment for several Japanese companies