Al-Falih: 450 international investors to establish their regional HQ in Saudi Arabia  

Al-Falih: 450 international investors to establish their regional HQ in Saudi Arabia  

Saudi Gazette Report RIYADH — Minister of Investment Khalid Al-Falih announced that as many as 450 international investors have so far obtained license to establish their regional headquarters in Saudi Arabia, most of which will be in Riyadh. Addressing the Human Capacity Initiative conference in Riyadh on Thursday, he said that many investors have chosen the Kingdom to be a center for their regional headquarters in the future, and a meeting was held a few days ago with 450 international investors who obtained the licenses. Al-Falih revealed that the number of licenses for international investments in Saudi Arabia has increased from 3,000 at the beginning of the vision to 30,000 business licenses, stressing the Kingdom’s commitment to creating the best conditions for investors to develop skills and learn to enhance innovation and entrepreneurship and to consolidate the growth of the private sector.The minister pointed out that investors tell us that they want a workforce that possesses the appropriate skills for the present and at the same time is ready to adopt the skills of the future. “They also want advanced research institutions, advanced education, dealing with international partners at a high level, and a productive and effective system, and all