SAWT BEIRUT INTERNATIONAL

| 27 February 2024, Tuesday |

Saudi Arabia will offer five-year industrial licenses to ensure stability of sector

Saudi Arabia’s ministry of industry will provide industrial licenses that last five years instead of three to ensure the sustainability of the sector, Saudi state news agency (SPA) reported on Sunday.

The longer duration will come into effect when investors apply for new industrial licenses or renew their existing ones, after fulfilling necessary requirements, SPA said.

    Source:
  • alarabiya