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Huge Boost for Business in Saudi Arabia: Investment Authority Slashes Time for New Trade Licences

RIYADH, January 28 (CIC) – The Saudi Arabian General Investment Authority (SAGIA) has announced that it has significantly reduced the average time for issuing a new investment licence for businesses operating in the Kingdom. A new licence can now be typically issued in less than 4 working hours, as opposed to 53 previously. Ibrahim Al…