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updated Tue. January 2, 2024

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Riyadh, Rajab 16, 1439, April 02, 2018, SPA -- Saudi Arabian General Investment Authority (SAGIA) has held a number of meetings with international companies such as Textron, EastmanChemC, and McDermott, as well as the Business Council for International Understanding (BCIU) to achieve the ...
The Saudi Arabian General Investment Authority (SAGIA) has awarded a multi-billion dollar licence to a consortium of US and Saudi Arabian business leaders to build affordable homes in the kingdom's capital city. Chicago-based consortium Global Business Ventures has a licence to build 25,000 housing ...

The Saudi Arabian General Investment Authority ( SAGIA ) has awarded a multibillion-dollar license to a consortium of US and Saudi Arabian business leaders to build affordable homes in the Kingdom's capital city. Chicago-based consortium Global Business Ventures has a license to build 25,000 housing ...
Sixteen new American companies entered the Saudi market in 2017, with SR382 million ($101 million) invested as SAGIA gave the green light to start activities in the Kingdom. The service sector had the biggest share of these licenses, with 13 licenses and an investment of SR 284 million ($155 million).
Riyadh — Foreign investors welcomed the decision allowing them to open domestic workers' recruitment agencies in Saudi Arabia. The Saudi Arabian General Investment Authority (SAGIA) and the Ministry of Labor and Social Development issued an announcement to this effect on Friday. The move aims ...
SAGIA has now eased the process to issue licenses. Now investment licenses can be issued in less than four hours. Earlier the procedures used to take 53 hours. Earlier, eight documents were required to get an investment license, but now only two documents are required. These two documents are ...

S&P Global Ratings was today formally presented with its Kingdom of Saudi Arabia 100 per cent Foreign Owned Investment Licence by HE Eng. Ibrahim Al-Omar, the Governor of Saudi Arabian General Investment Authority (SAGIA), in a ceremony at the Saudi-British Business Forum 2018 in London.
LONDON – The Saudi Arabian General Investment Authority (SAGIA) and the UK's Department of International Trade (DIT) have signed an agreement on cooperative work program for enhancing bilateral trade and investment relations, Saudi Press Agency (SPA) reported Friday. The cooperative work ...
He added: “One of SAGIA's strategic goals is to act as an advocate for investors and enable them to invest and establish their businesses in Saudi Arabia and in its efforts to ease licenses procedures, SAGIA has extended the license period for foreign investment from one year to a period of up to five years, ...
Saudi Arabian General Investment Authority (SAGIA) Governor Ibrahim bin Abdul Rahman Al-Omar said that Saudi Crown Prince Mohammed bin Salman's visit to Britain was exceptional in regards to investment and trade fields. “We were there two days ago, the visit will continue until (Friday), and we have ...

The SAGIA governor added: “Investors told us they were concerned about transparency, regulation and then customs. So we identified 297 reforms and we have already completed 45 percent of them, including issuing the new companies law and creating the commercial arbitration center. Today, you will ...
Developments included a memorandum of understanding (MoU) between the Council of Saudi Chambers, British Chambers of Commerce and SAGIA (Saudi Arabian General Investment Authority) to facilitate trade and investment; an MoU between SBJBC UK and Institutional Investor to promote deal flow ...
Deputy Governor for Strategy at SAGIA Ahmed al-Arab affirmed the importance of developing and investing in the employees' capabilities, which reflects positively on the performance and quality of the work, and this is what SAGIA have sought to achieve through this memorandum of understanding.
The Saudi Arabian General Investment Authority (Sagia) has extended the foreign investment licensing for five renewable years, and gave investors the chance to ... Sagia Undersecretary for Investors' Services and Consultations Ibrahim bin Saleh Al-Suwaiyel said this procedure is set to motivate leading international ...
LONDON: Saudi Arabia's General Investment Authority (SAGIA) has granted investment licenses to 13 American companies on the sidelines of the Saudi-US ... The head of SAGIA Ibrahim Al-Omar said that the new licences were granted to the companies in line with Vision 2030 s as part of Saudi Arabia's ...
However, as mentioned in a previous update, in June 2017 the Saudi Arabian General Investment Authority (SAGIA) announced new provisions whereby certain companies can purchase an online service allowing them to renew their foreign investment licences for a period of up to five years. In line with ...


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