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What are the general incentives to investors in the Kingdom?

Answer

The general incentives to investors are:

  • Kingdom's political and economic stability
  • Adoption of open market economic policies
  • The position of Saudi Arabia as the leading exporter/importer in the Middle East
  • Largest consumer market in the Middle East
  • Strategic geographic location between regional and international markets
  • Modern infrastructure
  • Abundance of natural resources
  • Provision of basic utilities (electricity, water, etc) at reasonable rates
  • Modern and equipped industrial cities
  • Ongoing privatization process of public entities
  • High market liquidity
  • Vivid and growing stock market
  • Stable, strong and advancing banking system
  • Availability of insurance service providers covering a variety of insurance risks
  • Support for indigenous manpower employment from the Human Resources Development Fund (HRDF)
  • Promotion of Saudi non-oil exports of products and services by the Saudi Export Development Centre (established under the umbrella of the Saudi Council of Chambers of Commerce and Industry)
  • Recent considerable increase in the capital of the Saudi Credit Bank "SCB" with the additional assignment to support and finance SMEs

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