Saudi Arabia To Implement Business Friendly Measures

Saudi Arabian Crown Prince Abdullah bin Abdulaziz has approved a number of measures aimed at improving the business environment in the oil-rich kingdom, the Saudi General Investment Authority said Sunday.

It said Crown Prince Abdullah, who is the de facto ruler of Saudi Arabia, has endorsed 17 agreements it concluded with investment-related governmental agencies.

“The agreements aim to remove investment obstacles in the Kingdom and improve the general investment climate”, it said.
NASDAQ