MoU signed to facilitate investment in Saudi Arabia

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SAGIA Gov. Ibrahim Al-Omar and Jerry Inzerillo, CEO of the Diriyah Gate Development Authority, signing the MoU on Thursday. (SPA)
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The Saudi Arabian General Investment Authority and the Diriyah Gate Development Authority have agreed to step up cooperation. (SPA)
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SAGIA Gov. Ibrahim Al-Omar and Jerry Inzerillo, CEO of the Diriyah Gate Development Authority, during the signing of the MoU on Thursday. (SPA)
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Updated 21 February 2020

MoU signed to facilitate investment in Saudi Arabia

RIYADH: The Saudi Arabian General Investment Authority (SAGIA) and the Diriyah Gate Development Authority (DGDA) signed a memorandum of understanding (MoU) to step up cooperation, the Saudi Press Agency reported on Thursday.

Under the MoU, the two authorities will establish a joint working group to boost cooperation in several areas including facilitation provided to investors, conducting economic studies of the market, building partnerships with commercial and industrial bodies and local companies, launching businesses, promoting the ease of doing business, providing logistic support, participating in local and international exhibitions, forums and special visits and exchanging knowledge and information.

All this will predominantly be in aid of attracting local and foreign investors. 

“SAGIA believes in the importance of such cooperation that can unify and multiply the efforts in a way that sets the world’s attention on the Kingdom’s cultural and heritage treasures and investment opportunities,” said SAGIA Gov. Ibrahim Al-Omar.

“This is done through close cooperation with DGDA to highlight these opportunities and market them internationally and locally. This MoU is a step in the right direction to achieve the objectives and directives of both bodies.”

Jerry Inzerillo, CEO of the DGDA, said: “Cooperating with SAGIA is one of the most important international investment motors to attract local and international investments to the Kingdom. This comes at a time where developing the Kingdom’s investment infrastructure is found within the objectives of its Vision 2030.

“At DGDA, we aim at attracting the best technologies and regional and international investments to the Kingdom. This will contribute to the improvement of the local economy and promote our objectives seeking to turn Diriyah into the Kingdom’s gem and an international economic tourist destination,” he added.

 

 


Saudi customs train dogs to sniff out infected air travelers

Saudi Health Ministry officials distribute roses to people following precautionary measures to prevent coronavirus. (Supplied)
Updated 05 August 2020

Saudi customs train dogs to sniff out infected air travelers

  • 1,983 critical cases reported, death toll reaches 2,984

JEDDAH: Saudi Customs officials are taking the lead in identifying air travelers harboring the coronavirus disease (COVID-19) — by using specially trained sniffer dogs.

The canine virus detectors are being drafted in at airports throughout the Kingdom to help pick up the scent of infected passengers.
Following the resumption of international flights, customs staff in Saudi Arabia are to use the animals as part of their efforts to stop the spread of the deadly virus.
The customs authority, in collaboration with the Centers for Disease Control and Prevention (CDC), has been training Jack Russell terriers and other breeds to recognize the odor of COVID-19.
“The training has been 80 percent successful,” said Mohammed Al-Salloum, director of the National Center for Living Means at Saudi Customs, adding that final preparations were being put in place for the dog teams to start work in airport terminals throughout the country.
Meanwhile, the Saudi Ministry of Health on Tuesday announced 1,342 new confirmed COVID-19 cases, taking the total number in the Kingdom to 281,435.
Of the latest cases, 97 were recorded in Riyadh, 56 in Makkah, 53 in Madinah and Hafr Al-Batin, and 51 in Dammam, with 40 percent of them women. There were 34,763 active cases, with most patients in a stable condition, and 1,983 critical.
The number of people who have recovered from COVID-19 increased to 243,688 with 1,635 of those being in the latest 24-hour period. The Kingdom reported 35 new COVID-19-related deaths, raising the overall toll to 2,984.
The ministry said it had carried out 54,325 polymerase chain reaction (PCR) tests over 24 hours taking the total number of checks conducted since the outbreak to 3,528,040.