Saudi Arabia registers 466 new foreign investor licences in Q4
RIYADH, 4 days ago Saudi Arabia has registered a record-high foreign investor licences in the fourth quarter of 2020 totalling 466, which was up 52% compared to the previous quarter and around 60% over the same period in 2019, reported SPA. In light of exceptional circumstances during the year 2020 and the effects of the Covid-19 pandemic, the Saudi economy maintained its resilience and proved its flexibility in facing crises, and began to recover gradually during the second half of the year. A set of indicators showed the strength of economic performance, as the Ministry of Investment of Saudi Arabia (MISA) published the foreign investor licenses for the 4th Quarter of 2020, where it recorded 466 registered licenses, the highest on record since data began in 2005.
KSA Business: Saudi PIF sets up firm to develop cruise sector gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
Saudi PIF sets up firm to develop cruise sector
RIYADH, January 29, 2021 Saudi Arabia s Public Investment Fund (PIF) has launched “Cruise Saudi” company, which aims to establish and develop the cruise industry in the Kingdom. The company will enhance the kingdom s efforts to become a tourist destination on the international cruise map and develop the tourism sector in line with the Kingdom s Vision 2030. The company is headquartered in Jeddah on the Red Sea coast. Cruise Saudi will form a strategic bridge between sea and land operations, through developing cruise ports and terminals in several Saudi cities, to deliver an integrated experience in line with the goals of the tourism sector in the kingdom, said a Saudi Press Agency report.
Thursday, 28 January, 2021 - 19:00
“Cruise Saudi” is working in partnership with the relevant authorities on developing tourist destinations. PIF Asharq Al-Awsat
The Public Investment Fund (PIF) launched on Thursday “Cruise Saudi” company to establish and develop the cruise industry in the Kingdom.
The company, headquartered in Jeddah on the Red Sea coast, seeks to enhance Saudi Arabia’s efforts to become a tourist destination on the international cruise map and develop the tourism sector in line with the Kingdom s Vision 2030.
The company is working in partnership with the relevant authorities on developing tourist destinations, with the aim of introducing cruise itineraries, providing an exceptional experience for guests, and creating opportunities to explore Saudi heritage and culture while ensuring the preservation of the environment and the protection of natural resources, the Saudi Press Agency (SPA