Retail in Saudi Arabia

  • Saudi opens retail sector to greater foreign investment

    SAUDI ARABIA, 2016/08/31 Saudi Arabia has approved rules opening its retail sector to better foreign investment , official media said on Tuesday, as part of wide-ranging economic reforms. The cabinet approved rules "for foreign companies to invest in (the) wholesale and retail trade sector with 100 % ownership," the Saudi Press Agency said. The decision is in line with the Vision 2030 plan to wean the kingdom off oil, SPA said.
Trending Articles