SAGIA to expedite processing of foreign investors’ applications

June 10, 2014 1:21 am

The Saudi Arabian General Investment Authority (SAGIA) has launched a ‘fast track service’ to process applications from foreign investors within five days under a streamlined programme, Arab News has reported. “Overseas investors looking to launch businesses in the Kingdom of Saudi Arabia will now be able to benefit from a faster and simpler application process with the launch of the new fast track service by SAGIA,” said an official from the authority. “This new application process guarantees application decisions within five working days, once SAGIA has received all required documentation.”