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Saudi Arabia Eyes Developing Industrial Zone In Oman


Saudi Arabia Eyes Developing Industrial Zone In Oman
Published June 27th, 2021 - 09:30 GMT
The two sides discussed studying the possibility of establishing a Saudi industrial zone in Oman, so that the Saudi side could develop, operate and manage the zone, and build logistical infrastructure to transport goods between the Saudi and Omani special economic zones. (Shutterstock)
Saudi Arabia has shown interest in developing an industrial zone in Oman as officials from the two countries met last week in Riyadh discussing investment opportunities in both the countries.
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The two sides discussed studying the possibility of establishing a Saudi industrial zone in Oman, so that the Saudi side could develop, operate and manage the zone, and build logistical infrastructure to transport goods between the Saudi and Omani special economic zones. ‘This will benefit both the countries, and help exchange experiences in the field of development and supervision in ....

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All you need to know about Free zones in Ghana


All you need to know about Free zones in Ghana
A free zone is a designated area in which companies are taxed at highly reduced rates or nothing at all in order to encourage investments and increased economic activity within the economy. 
The creation of free zones also has the effect of generally regarding import and customs duties of goods imported by free zone companies as being outside the customs territory and thus exempt from tax. Free Zones basically are “outside jurisdiction” for all transactions with Customs.
Free Zones in Ghana
The Ghana Free Zones Authority (GFZA) was set up to enable the creation of free zones in Ghana and to regulate free zones activities within the country. The legislation governing the GFZA creates an attractive environment through the provision of very attractive incentives to free zone companies. ....

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Al-Falih, Azmin Ali discuss enhancing cooperation and investment opportunities


May 03, 2021
Minister of Investment Eng. Khalid Bin Abdulaziz Al-Falih met in Riyadh on Sunday with Malaysian Minister of International Trade and Industry Mohamed Azmin Ali.
RIYADH Minister of Investment Eng. Khalid Bin Abdulaziz Al-Falih met here on Sunday with Malaysian Minister of International Trade and Industry Mohamed Azmin Ali and his accompanying delegation during his official visit to the Kingdom of Saudi Arabia.
During the meeting, they reviewed the trade and investment relations between the two countries, and ways of developing and strengthening them in a way that reflects the aspirations of the two leaderships to achieve prosperity for the two brotherly peoples. ....

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