Saudi Arabia to grant more investment licenses to US firms

20/03/2018 Argaam

 

A number of American companies will be granted investment licenses to operate in Saudi Arabia during Crown Prince Mohammed bin Salman’s visit to the US, CNBC Arabia reported, citing Ahmed Almusained, PR and media manager of the Saudi Arabian General Investment Authority (SAGIA).

 

Sixteen US companies entered the Saudi market last year, undertaking investments in the industrial, services and commercial fields, he added.

 

Prince Mohammed bin Salman has arrived in Washington DC on an official visit to the US starting today.

 

The Crown Prince will meet President Donald Trump as well as a number of top government officials and business and entertainment executives during the visit, according to media reports. 

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