Saudi Arabia to open health, education sectors to full foreign ownership | GulfNews.com

Saudi Arabia to open health, education sectors to full foreign ownership | GulfNews.com:

"Saudi Arabia will allow foreign investors to take 100 per cent ownership of companies in its health and education sectors, the head of the kingdom’s investment authority said. It is the latest move by the country to gradually ease ownership restrictions on foreign firms, which have previously been required to set up a joint venture with a local partner. “We are opening up education centres to have ownership 100 per cent, all types of education even from primary school. This is something new for Saudi,” Ebrahim Al Omar, governor of the Saudi Arabian General Investment Authority (SAGIA), said."



'via Blog this'