Individual Foreign Investors

The Saudi Arabian General Investment Authority (SAGIA) has recently made a press release issuing guidelines for individual foreign investors to apply for foreign investment license and obtain an “investor” status on their residence permit in Saudi Arabia. This is a welcoming step since a few years back SAGIA had stopped accepting applications from individual foreign investors; although historically individual foreign …

Success at the Global Competitiveness Forum hosted by SAGIA

SAGIA — This year’s Global Competitiveness Forum (GCF) – held at the Four Seasons Hotel Riyadh on January 24th to 26th – was a record-breaking event. Over three (3) days, attendance reached a total 3400 participants from around the globe. This year’s program and theme – “Competitive Sectors” – was marked by the keynote addresses of Marillyn Hewson and Indra …