Monday, 29 January 2018

Saudi Arabia investment authority streamlines business licensing process | Arab News

Saudi Arabia investment authority streamlines business licensing process | Arab News:

"The time it takes to process a business license in Saudi Arabia has been slashed by more than 92 percent in the hope that it will encourage further investment in the Kingdom. Saudi Arabian General Investment Authority (SAGIA) has reduced the processing time from about 53 hours to four hours according to a statement released by the authority. The shortening of the processing time has been achieved following three initiatives undertaken by the agency, which oversees investment affairs in the Kingdom."



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