For anyone interested in investing in Saudi Arabia the most important address on the web is sagia.gov.sa. Led by Prince Abdullah ibn Faisal ibn Turki, the mission of the Saudi Arabian General Investment Authority (SAGIA) is to provide services to investors and to improve the investment climate in Saudi Arabia.
At sagia.gov.sa investors can find answers to questions on the various aspects of investment in the Kingdom. The site also features background and news about investing in Saudi Arabia and lists links to events focusing on Middle East investment.
Downloads of Saudi investment application forms and guidebooks are available and for more personal assistance, contact details for SAGIA’s brick and mortar service centers are provided. While the site presents most information in English and Arabic, the Saudi investment laws have been translated into nine languages.
Obtaining an investment license is only the first step to doing business in Saudi Arabia. Sagia.gov.sa explains, in general, the requirements to get a business up and running in the Kingdom.
Investors are assured of support in this process through SAGIA’s Government Relations Unit, a part of its Investor Service Center, which has representatives from nine government ministries and assists investors in establishing contacts with other investment related government agencies.
— Arab News CompuNet 23 September 2003