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SAGIA: Claims of Study Limiting Annual Number of Foreign Investment Licenses to Just 100 in Kingdom Baseless 4 Riyadh
Published in Saudi Press Agency on 09 - 10 - 2014

correct the course of the project and improve its efficiency and productivity to increase its competitiveness and thus increase the benefit of economic and developmental impact of these investments, it had to take a number of steps and procedures to facilitate the entry of specific investments.
Al-Tawayan said that those steps represented by the approval of the distinguished track for receiving applications from companies that are engaged in investment activities of positive value and impact on the national economy while checking the applications' eligibility within (5) days only.
He added that other steps were also taken in this regard to allow international companies to apply for investment applications from the headquarters of the parent company and finish all the procedures electronically without the need for coming to the Kingdom of Saudi Arabia or hiring investment brokers inside or outside it.


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