Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism
:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »
Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »
Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »
Tag Archives: SAGIA
Amman talks embodied strong ties between Jordan and Saudi Arabia: King Salman
King Salman said his recent visit and talks with Jordan’s King Abdallah and signing agreements with Jordan have embodied strong brotherly ties between the two countries. Presiding over the Cabinet session at Yamamah Palace here Monday, King Salman also said
500 Saudis, Chinese businessmen discuss new opportunities
A one-day Saudi-Chinese Investment Forum ended in an upbeat mood on Thursday with 45 agreements signed between China and the Kingdom. Abdullah Al-Meleihi, board member of the Council of Saudi Chambers (CSC), told Arab News from Beijing that the Saudi
SAGIA to remove obstacles for private sector
The Saudi Arabian General Investment Authority (SAGIA) will introduce many policies and procedures in the future to promote economic activities for privatization and to overcome legislative, regulatory and bureaucratic obstacles facing the private sector, said SAGIA Gov. Abdullatif Al-Othman. The
Knowledge transfer is a two-way street
In spite of depressed oil revenues, Saudi Arabia’s infrastructure investment is set to maintain the upward trajectory of the last two decades. According to MEED Projects, the Kingdom has the biggest pipeline, about $800 billion of planned projects, of the
SAGIA upbeat on Moscow investment talks
Abdullatif Al-Othman, governor of Saudi Arabian General Investment Authority (SAGIA), will patronize the Saudi-Russian Business Forum in Moscow Friday. SAGIA is organizing the forum in collaboration with the Council of Saudi Chambers and the Saudi-Russian Joint Council. Top officials from
SAGIA chairman vows to boost competitiveness investment
Saudi Arabia General Investment Authority (SAGIA) Chairman Abdullatif Al-Othman opened the Global Innovation Summit and the 2015 annual meeting of the Global Federation of Competitiveness Councils (GFCC) on Sunday. The Global Innovation Summit, combined with the GFCC annual meeting, is
French firms seek lucrative contracts at Riyadh forum
The Saudi-French Business Opportunities Forum taking place in Riyadh provides the best platform to develop areas of bilateral cooperation in many new areas, said Commerce and Industry Minister Tawfiq Al-Rabiah. Currently, he said that bilateral trade is estimated at 12
Kingdom ‘lucrative market for Russians’
Saudi Arabia has over 100 investment opportunities in 18 sectors worth $344 billion, said Abdullatif Al-Othman, governor of the Saudi Arabian General Investment Authority (SAGIA), at a meeting with Russian businesspeople in St. Petersburg. Al-Othman, in a speech at the
New SAGIA drive to boost Saudi economy
Saudi Arabian General Investment Authority (SAGIA) is introducing incentives for value-added foreign investments in a forward step to attract more foreign investors, says a senior official from the authority. Ayed Al-Otaibi, director of Investment Regulations Development and Procedures, said that
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