Official Press Release

SAGIA Grants Investment Licenses to 13 American Companies

The firms come from a variety of sectors including information technology, construction, automotive, environment, food services, oil and gas, oil services, and renewable energy   RIYADH, March 28, 2018 – The Saudi Arabian General Investment Authority (SAGIA) has granted investment licenses to and signed agreements with 13 U.S. companies looking to invest in the Kingdom.…

Saudi-led Coalition Presents New Evidence that Iran is Behind Houthi Attacks on Kingdom

The Coalition named Egyptian national Abdulmotalib Ahmed Hussain Ali as the victim Newly declassified evidence reaffirms Iran is behind Houthi’s advanced military capability and long range ballistic missiles Seven ballistic missiles intercepted yesterday bring the total count to 104 over three years Coalition spokesperson urges the UN Security Council to hold Iran accountable for breaching…

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Digitisation drive by Saudi Ministry of Justice shortens enforcement duration from two months to only 72 hours

Technology seamlessly links judicial authority with 19 government entities   Riyadh, March 26 – The e-services launched recently by Saudi Arabia’s Ministry of Justice has shortened the enforcement duration from two months to 72 hours. The system, part of the ministry’s technology-enhancement project, seamlessly links the judicial authority with 19 Saudi government entities. Many courts…

SAGIA and Ministry of Labour & Social Development Open Door to Foreign Investment in Domestic Workers Recruitment Agencies in Saudi Arabia

Investors must have 3 years of experience in the field of recruitment    RIYADH, March 24, 2018 – The Saudi Arabian General Investment Authority (SAGIA) and the Ministry of Labour and Social Development have announced that foreign investment in domestic workers recruitment agencies and contracting will be permitted. The measures mean that foreigners can invest in…

Women Economic Forum KSA 2018 Aimed at Driving Sustainable Economy in the Kingdom

• Forum discusses key issues regarding empowerment of women in the economic sector • Private organizations and government entities urged to devise long-term plans to support women’s economic empowerment as part of overall strengthening of economy • A sustainable economy is not achievable without the participation of women alongside men in economic fields and entrepreneurship…