Saudi “Investment” opens 6 international offices, including Washington, London and Beijing

The Saudi Ministry of Investment said it expanded internationally in 2019 and 2021 as part of its goals to establish 11 international offices in Worldwide.

The ministry added in the “Saudi Economy and Investment Monitor” report, which the ministry publishes quarterly, that it has currently opened 6 offices in Washington, London, Beijing, Singapore, Tokyo and Paris.

The ministry explained that the “Invest in Saudi “is the unified national identity for investment marketing in Saudi Arabia and, since its launch, it has enjoyed a wide international, regional and local presence and has spread by attending the most important and prominent conferences and events.

The ministry said that, in collaboration with the ministries of foreign affairs and trade, has launched a service that allows foreign investors to start their own businesses and obtain an investment license outside the Kingdom.

In the report, the ministry revealed the completion of 25 investment deals in the final quarter of 2021, with investments of nearly 18 billion riyals and the provision of 8,000 job opportunities.

With these numbers, the total business in 2021 was around 112 deals, with investments exceeding 50 billion riyals.

Read More About: Business News