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Saudi Defense Ministry inks 19 deals with local and global firms

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.

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Saudi Defense Ministry signs 17 deals to bolster defenses

Saudi Defense Ministry signs 17 deals to bolster defenses
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French Companies Eye Investment Opportunities in Saudi Security, Defense

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

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Saudi Arabia reports rebound in foreign investor licences in third quarter


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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.

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