Saudi Defense Ministry inks 19 deals with local and global firms zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Saudi Defense Ministry signs 17 deals to bolster defenses arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
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Saudi Arabia said there was a rebound in the issuance of foreign investor licences in the third quarter after the kingdom eased Covid-19 restrictions and stimulated economic activity.
The Ministry of Investment issued 306 new investor licences to international companies in the third quarter, a 96 per cent increase from the second quarter and a 21 per cent rise from the same period last year, it said in a statement on Tuesday. These latest figures demonstrate that Saudi Arabia retains the long-term confidence of the global investor community into the second half of this year and is achieving steady and positive economic recovery, despite the ongoing impact of the Covid-19 pandemic on the global economy, Khalid Al Falih, Minister of Investment of Saudi Arabia, said.