King Salman “KSA open for business”

Thursday 28th May 2015
King Salman at the Peace Palace in Jeddah (Photo SPA)

King Salman at the Peace Palace in Jeddah (Photo SPA)

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Custodian of the Two Holy Mosques King Salman emphasized his government’s commitment to helpng businesses attract local and foreign investment. Speaking to business leaders in Jeddah, the king called for the formation of a high-level committee comprising ministers and business executives to discuss issues around investment in further detail.

“We are ready to look into your proposals including those to encourage investment. It’s our duty to cooperate with you in this matter. When we have an issue at home, we try to sort it out for the benefit of all,” he said.

King Salman reiterated that Saudi Arabia is a free economy that allows free movement of capital, both internally and externally. “We provide equal opportunities to all citizens in all parts of the Kingdom,” he said. He also added that the KSA has become a hub for global investors who profit by investing in the Kingdom.

He highlighted the advantages of security and stability offered by the KSA, which are essential for business and economic growth – “Our main concern is the Kingdom and its people and you are part of it,” he said.



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