Saudi Arabia began granting visas to foreign investors electronically within 24 hours in order to stimulate investment.
According to “Al Jazeera Net,” a statement issued by the Foreign Ministry said that the business visit visas has classified in three categories visit visa to the commercial establishments operating in Saudi Arabia, and a visit visa for businessmen and visit visa for trade delegates.
the visit visas to the commercial establishments will be issued electronically without the need for an invitation letter. The new system also provides a decision on the requests of trade delegates within two working days, not like before, it used to take a month.
Saudi Arabia is working according to the “Vision 2030” to attract foreign investment to the Kingdom, and to facilitate procedures for investors, also aims to diversify sources of income and to increase private sector participation in economic activity.
Community and Social Issues8 hours ago
Meta has been accused of creating platforms that violate children’s privacy by prioritizing their needs
Saudi Arabia1 day ago
Saudi “Flynas”, the Middle East’s first airline, joins the World Tourism Organisation
Business and Investment2 days ago
Online Black Friday sales have surpassed $10 billion
Inspirational Figures5 days ago
Arabisk London Interviews Remi Bendali: Music Conveys Peace and Hope Messages
Business and Investment1 week ago
Saudi Arabia’s Foreign Investment: Opportunities and Regulations
Community and Social Issues2 weeks ago