Investment Archives

Saudi Tax and Customs Incentives to Draw Foreign Investments

Saudi National Incentives Committee will provide tax & customs incentives and financial compensation based on the type of economic activity.

Bandar Alkhorayef announced the launch of several investment opportunities in the vaccines & vital medicines industry valued at $3.4 billion.

Saudi Tourism Ministry has launched a new program Tourism Trailblazer & plans to equip 100k Saudi Youths with essential hospitality skills.

SFDA emphasized attracting investments in the pharmaceutical sector by enhancing intellectual property protection for innovative products.

Premium Residency Scheme allows foreign residents & financiers to invest, run business, self-sponsor & travel freely in & out of Saudi Arabia

PIF launched the Saudi Coffee Company & intends to invest nearly SR1.2 billion in the national coffee industry over a ten-year period.

Saudi Arabia & Egypt signed joint draft on an agreement between the two countries to enable the Public Investment Fund’s investment in Egypt.

The eighth session of the Saudi-Austrian Joint Committee discussed cooperation & investment in economics, commerce, industry, and technology.

Bloomberg’s list of the world’s wealthiest people, Gautam Adani of India has surpassed Mukesh Ambani to become the richest person in Asia.

Jeddah — The Bride of the Red Sea will have a significant facelift to dismantle and develop slums and undeveloped neighborhoods.