KSrelief launches solar water pumping unit in Shabwa    UAE carriers announce repatriation flights to India    Shura Economic, Energy Committee Holds Virtual Meeting    SR229mn Obhur waterfront development project launched    IsDB Group Implementing 57 Projects, worth $3.8 bln, in Egypt    Dubai announces $408mn economic stimulus package    UAE's first mask manufacturing facility secures orders until end of 2020    COVID-19 cases worldwide hit 12 million    Lebanon ‘fast spiraling out of control' leaving many destitute, facing starvation: Bachelet    Mars Mission to strengthen Arab world economy: Project manager    Drop seen in new corona cases in Kuwait    Norwich relegated from Premier League after 4-0 loss to West Ham    KSrelief Launches Solar Water Pumping Unit, in Shabwa, Yemen    Saudi controls ban collective housing for over 20 people    Hajj registration for expats ends    Philippines Confirms 12 New Coronavirus Deaths, 1,387 More Cases    Under-Secretary-General of UN Office of Counter-Terrorism Praises Saudi Arabia's Participation in Launching UNCCT Virtual EXPO    Emirates to cut up to 9,000 jobs    Russia Reports 6,611 New Coronavirus Infections    Saudi Press: Participation of Women in Labor Market Achieved Huge Rates in Public, Private Sectors    UK: Safir Tanker Moored off the Yemeni Coast Must be Inspected    Real Madrid could meet Juve, potential Barca test for Bayern in Champions League    GACA obtains ISO certification in information security and business continuity    Bahrain Bourse Rises    SASO Participates in ISO Meetings to Mitigate Coronavirus Impact    Fernando Alonso joins Renault DP world F1 team    DSC marks official opening at DWTC    Kingdom's Najd beats Australia's Jessica in FIFA 20 e-Football    Comprehensive online Arabic book platform hits the market    Jordan's Princess Raiyah weds Roald Dahl's grandson    Pandemic: 56% of women prefer child birth at home    Saudi Special Olympics to Take Part in Special Olympics World Winter Games 2022    SFA and WHO sign accord in several strategic areas    Greenwood shines as 5-star Man United crush Bournemouth    Vardy nets 100th Premier League goal as Leicester beat Palace    Veteran Bollywood choreographer Saroj Khan dies aged 71    Bayern Munich Sign Leroy Sane from Manchester City    Complementary, Alternative Medicine Practicing 1st Manual Version Issued    Actor Sushant found hanging in his Mumbai residence    Wives detect polygamy: Divorces up 30% in Saudi Arabia    Council of Senior Scholars advises old people to pray at home    Saudi Ithra center launches dialogue sessions with most famous creators in the world    SFDA Implements National Program to Ensure Safety of 10,000 Food Samples    Saudi Surgeon Managed to Remove Kuwaiti Girl's Brain Tumor, as French Physician Declined, in the last Moments    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    Custodian of the Two Holy Mosques Addresses Citizens and Muslims on Eid Al-Fitr    Custodian of Two Holy Mosques addresses Citizens and Muslims on the Advent of Holy Month of Ramadan    Ministry of Hajj and Umrah Launches Awareness Message on Sacrifice Day    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Commerce Minister: The Kingdom has accomplished major reforms in doing business
Published in Saudi Press Agency on 31 - 10 - 2019

Minister of Commerce and Investment Dr. Majid bin Abdullah Al-Qasabi, confirmed that the Kingdom of Saudi Arabia has the largest economy in the region and is a member of the G20 and has made significant reforms and improvements in the Doing Business reports issued by the World Bank Group, which is a reference to the development of the business sector.
This came during a session titled "Will a newly prosperous supercontinent overtake a waning West?", hosting Raamdeo Agrawal, Chairman and Co-founder, Motilal Oswal Financial Services Ltd., India and Ju Zhao, Chief Investment Officer, China Merchants Bank, China, within the third edition of the Future Investment Initiative, being held in Riyadh.
Minister Dr. Al-Qasabi said that the Kingdom has a different mix of competitive ratios and advantages, noting that it has risen staggeringly in the business creation environment thanks to a strong business environment, a youth society, rich natural resources, and a strong infrastructure.


Clic here to read the story from its source.