Riyadh - SPA
SAGIA Announces Issuing 10 Investment Licenses for Foreign Companies

The Saudi Arabian General Investment Authority (SAGIA) has announced
issuance of 10 new licenses granted to foreign companies with a total
financing of SR66,516,800 million.

During its weekly bulletin, SAGIA Deputy Governor Ibrahim Saleh
Al-Suwail said that the new licenses are granted in the fields of
service, commercial and industrial for foreign companies, including
America, Switzerland, Jordan, Turkey, Ireland, United Arab Emirates,
Lebanon and Luxembourg.

SAGIA seeks to attract and empower qualitative investments in the
promising sectors and to motivate leading international companies
pumping more investments in line with the vision of the Kingdom 2030.

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