SAGIA Grants 13 Investment Licenses for US Companies

Wednesday 1439/7/11 - 2018/03/28
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New York, Rajab 11, 1439, Mar 28, 2018, SPA -- In conjunction with the state visit paid by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, to the United States of America, the Saudi Arabian General Investment Authority (SAGIA) has granted investment licenses for 13 US companies on the fringes of the Saudi-US CEO Forum 2018.
In a statement, Eng. Ibrahim bin Abdurrahman Al-Omar, SAGIA Governor, stressed that these licenses came within yjr framework of the Kingdom's endeavor to motivate the global pioneering companies to pump more investments in accordance with the Kingdom Vision 2030 and to enhance the competitiveness of the investment environment in the Kingdom.
It is worth mentioning that the license includes the fields of services, industry, information technology, oil services, construction, automotive industry, environment, food services, oil & gas, and renewable energy .
20:48 LOCAL TIME 17:48 GMT