{"id":273763,"date":"2020-05-25T07:00:13","date_gmt":"2020-05-25T10:00:13","guid":{"rendered":"https:\/\/anba.com.br\/?p=273763"},"modified":"2020-05-22T20:12:29","modified_gmt":"2020-05-22T23:12:29","slug":"saudi-arabia-issued-348-licenses-to-foreign-businesses","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/saudi-arabia-issued-348-licenses-to-foreign-businesses\/","title":{"rendered":"Saudi Arabia issued 348 licenses to foreign businesses"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Saudi Arabia\u2019s Ministry of Investment reported last week that it issued 348 new licenses in Q1 for foreign companies to operate in the country. The number is up 19% year-on-year and 20% quarter-on-quarter.<\/p>\n<p>According to the Ministry, the pace began to pick up in March as global markets reacted to the coronavirus pandemic. It also came as Saudi General Investment Authority (SAGIA) was made to report directly to a ministry devoted to related broad-scale issues. SAGIA is tasked with facilitating foreign investment.<\/p>\n<p>\u201cAs we look toward a post-COVID-19 future, this is a reassuring show of confidence from the world\u2019s investors in the Kingdom\u2019s long-term prospects as an attractive investment destination,\u201d said Investment minister Khalil Al Falih. According to him, this was the best result in ten years.<\/p>\n<p>The bulk of licenses went to USA and UK investors. Permits range from industry and retail to tourism, e-commerce, culture, entertainment, and information and communication technology.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-273759\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Saudi Arabian Ministry of Investment reported a 19% increase in licenses in the first quarter of this year.<\/p>\n","protected":false},"author":2316,"featured_media":273759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[11910,26557,10014,12315,9595],"class_list":{"0":"post-273763","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-arabia-saudita-en","9":"tag-investimentos-en","10":"tag-investment-en","11":"tag-sagia-en","12":"tag-saudi-arabia-en"},"wps_subtitle":"The Saudi Arabian Ministry of Investment reported a 19% increase in licenses in the first quarter of this year. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/273763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=273763"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/273763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/273759"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=273763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=273763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=273763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}