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Satoshibaby 4 President License Plate Frame. License Plate Holder. License Plate Frame. Bitcoin crown License Plate Frame. Lord Satoshibaby recruitment p License Plate Frame. Flag License Plate Frame. The remarkable improvement was due to three initiatives: restructuring the processes, reducing the required documents, training and qualifying the cadres. Ibrahim S. Earlier, eight documents were required to get an investment license, but now only two documents are required.
These two documents are financial statements and commercial registers attested by Saudi embassy where the company seeking investment license is located. In its attempt to attract investors by facilitating easier procedures, SAGIA has issued 17 licenses to foreign investors during the last two weeks.
Based on its vision to be a pioneer in developing quality investments that facilitates sustainable development, the Saudi Arabian General Investment Authority SAGIA is responsible for following up and assessing investment performance, alleviating the difficulties encountered by investors, conducting studies and research and drafting executive plans to stimulate local investments.
Press release. Source: The Saudi Gazette. View the discussion thread.
Obtaining a foreign investor license from SAGIA now requires two documents and can be processed in three hours — reducing the requirement from twelve documents, which would take three days to process. The growth in licenses in Q2 was broad based, with increases across ten main sectors.
The sectors accounting for the most licenses were construction 61 licenses , ICT 51 licenses and manufacturing 45 licenses , with significant investment also seen in the professional, scientific and technical sector, wholesale and retail trade, administrative and support services and hotels and restaurants.
The United Kingdom 45 licenses , India 29 licenses and the United States 23 licenses were the leading sources of new investors, while there was also significant investors from countries within the Arab world Jordan, Egypt and UAE. There was also continued investor interest from countries which have been the focus of Saudi economic outreach, including China, where SAGIA hosted a major investment forum earlier this year. Two thirds of the new foreign investor licenses in the period were for ventures with full foreign ownership, reflecting the impact of recent reforms to enable full foreign ownership across a number of sectors.
Search Result. See all search results. Saudi Arabia. Remember me next time. Register Forgot password? You can send all the documents to our Investor Care team in order to process the request manually through the passport representative at the business center. A: Yes, it is mandatory with exceptions outlined in the directives of the Ministry of Human Resource and Social Development. Also, companies and workplaces were encouraged to benefit from the modern technology, to ensure business continuity even during this challenging time.
The government of the Kingdom of Saudi Arabia is moving decisively to address the unprecedented effects and consequences of the coronavirus COVID global pandemic crisis, and is taking immediate measures to ensure the safety of its citizens and residents. Mohammed bin Abdullah Al-Jadaan, stated that the government has taken precautionary and strong measures to protect citizens and residents in the Kingdom, and to ensure the availability of immediate financial resources which will guarantee that all direct preventive measures to limit the spread of the virus and address this pandemic crisis' consequences, as well as protect government facilities and entities and ensure the continuity of their work.
In addition, the Minister announced that the government has prepared urgent initiatives to support the private sector, especially small and medium enterprises and economic activities most affected by the virus. The financial stimulus package of these initiatives reaches more than SAR 70 bn, which consists of exemptions and postponement of some government dues to provide liquidity to the private sector thereby enabling them to manage continuity of their economic activities.
In addition, the government will use the tools available to finance the private sector, especially small and medium enterprises, in addition to strengthening support programs to mitigate the impact on the private sector and economic activities, and to ensure the promotion of financial stability.
The government also confirms its determination in paying its obligations in accordance with their due dates will honor its payments, in addition to applying measures that maintain the financial sector soundness. His Excellency Al-Jadaan emphasized that due to the financial strength of the economy and efficiencies and improvements already achieved, the government has considerable ability to diversify sources of financing between public debt and government reserves to adequately tackle the emerging challenges.
This allows positive intervention in the economy in the right way and at the right time, while limiting the impact on the government's goals in maintaining fiscal sustainability and economic development in the medium and long term. His Excellency also stated that some budget appropriations will be reviewed and reallocated to the sectors most in need in the current situation, including allocating additional funds to the health sector as needed.
An emergency budget was also introduced to cover any costs that may arise during the developments of this global crisis. The government will also continue to improve the efficiency of fiscal and economic performance to better confront the impacts of the virus spread, in addition to preserving the fiscal and economic gains achieved during the recent period. His Excellency commended the response of citizens and their backing to their leadership. The Minister also stressed the necessity of continuing to follow the instructions provided by the Ministry of Health in order to overcome the crisis with minimal loss.
His Excellency added that the coronavirus pandemic has spread to many countries, which necessitates continued international coordination, notably through G20 countries and relevant international organizations to overcome this troubling period with minimal human and material loss. Moreover, directives have been issued to form a number of ministerial committees that aim to study the impact and repercussions of the emerging coronavirus crisis and its challenges on sectors or regions, and study the prospect and means of tackling them through subsidies or stimulus packages or other forms.
These committees are as follows:. Yes, the announced government initiatives include all licensed and operating, Saudi and foreign, establishments and companies in the Kingdom. The Ministry of Human Resources and Social Development announced seven initiatives for the private sector during the current period:. The Ministry of Human Resources and Social Development provided a secondment of employees service through the Ajeer program by facilitating work procedures, reducing workload burdens for the affected sectors and assisting the sectors in need.
With the understanding that the private worker cannot be seconded from the employer to a private facility, as the Ajeer policies are compatible with labor regulations and undermining labor laws is strictly prohibited in the program. Among the initiatives launched by the Ministry of Human Resources and Social Development to maintain continuity of work:.
Among the initiatives launched by the Ministry of Human Resources and Social Development is the immediate calculation in Saudi workforce in Nitaqat, where the employment of Saudis in Nitaqat is calculated immediately for all establishments. The buses belonging to commercial establishments transporting their employees are exempted from the ban.
After the decision of flight suspension in Saudi Arabia, The General Directorate of Passposrts called on all those who have exit visa to quickly cancel them before their expiry. There are several activities in a number of vital and logistics sectors that are exempt from the curfew:.
Agricultural and Food Sector: 1. Farms, beekeepers, livestock and fish owners and associated markets and selling points 2. Food services for takeout orders 3. Groceries hyper and supermarkets and bakeries 4. Wholesale markets for excluded activities 5. Vegetable stores, poultry and meat shops, and slaughterhouses 6. Food and beverages factories 7. Stations for storing, packing and selling barley and forages 8.
Shops selling fertilizer inputs, seeds and pesticides, and operating machinery and agricultural equipment 9. Clinics, pharmacies, veterinary laboratories and veterinarians Pet Care not including buying and selling Health and Treatment Sector: 1. Hospitals 2. Medical clinics and dispensaries except for beauty clinics 3.
Medical complexes public and private except for beauty specialty 4. Medical Laboratories 5. Patient transportation service centers private ambulance 6. Pharmacies, medical equipments supplies 7. Medical companies assisting the Ministry of Health services such as dialysis centers 8. Radiology centers 9. Medical materials, medicines and medical devices factories Optical and audio devices shops Supporting and operation and maintenance contractors in the health sector Cleaning products and sterilizers factories Energy Sector: 1.
Gas stations and selling 2. Oil and gas extraction 3. Refining and oil and gas transportation 4. Maintenance and operation of oil and gas wells 5. Drilling and surveying for oil and gas wells 6. Exploration, surveying and ground services for oil and gas wells 7.
Maintenance and operation of power stations and transmission and distribution lines 8. Electricity generation and production 9. Manufacture and maintenance of motors, generators and electrical transformers Installation and maintenance of control equipment for industrial equipment and radiological devices Providing energy measurement and verification services Water Sector: 1. Sewage tankers 2. Water emergency services 3. Tubs and water tanks 4. Water production desalination and purification plants , transportation, distribution, operation and maintenance of water Communications and Postal Sector: 1.
Telecom and internet operators 2. Workers in post and parcel companies 3. Workers in delivery applications and e-commerce for the excluded activities 4. Database operators and cloud computing Banking and Digital Payment Sector: 1. Banks, exchange and remittances 2. Operation and maintenance of digital payments Basic and Mining Industries Sector: 1. Factories 2. Chemical factories for excluded activities 3.
Military and related industries 4. Packaging and printing factories associated with the excluded sectors 5. Light and support industries associated with supply chains for the excluded sectors 6. Manufacture of electrical equipment and electric cables associated with the excluded sectors 7. Manufacture of spare parts related to the excluded sectors 8. Mining industries Transportation and Logistics Sector: 1. Road freight transport 2.
Warehouses and stores 3. Customs clearance 4. Port work 5. Maintenance and operation of airports 6. Excluded flight and air freight 7. Rail transport of goods and maintenance of railways 8. Sea transport of goods and passenger transport by ferry between Jizan and the island of Forsan 9.
Maintenance and implementation of roads, bridges and tunnels Logistics services for excluded activities Operation and maintenance: 1. Operation and maintenance of excluded activities 2. City hygiene, pest control and solid waste management 3. Maintenance works for houses and buildings plumbing, air-conditioning, electricity, elevators and electric doors 4.
Irrigation and gardening and planting works 5. Security guards 6. Delivery of spare parts for excluded activities 7. Vehicle maintenance at gas stations 8. Private laboratories for excluded activities 9. Accident handling and assessment Laundries Accommodation and Hotels Sector: 1. Hotels 2. Furnished apartments 3.
Furnished housing units Environment and Meteorology Sector: 1. Environmental control and compliance Media Sector: 1. The request must include the beneficiary information and contact details, a brief explanation of the situation that requires moving from region to another with a proof of that, then the relevant team will directly contact you to study the situation and grant you the permit. Covering tight the entire order and putting a sticker on it. You can also see the list of temporary health measures for home delivery to prevent the spread of Coronavirus by clicking here.
Factories that are not from the exempted activities and facing challenges in the presence of their employees during curfew hours, especially factories that are operating 24 hours a day and whose employees are located in other regions and having difficulties to move between ban regions, can submit an exception request to the Ministry of Industry and Mineral Resources representatives including the following information:.
Factory name, industrial license number, and commercial registration. Establishment number in Labor Office and serial number 3. Factory location and residence location staff route path 4. The number of employees need the exception and the transportation type. The above data is to be sent to the Ministry of Industry and Mineral Resources representatives via emails and numbers provided in this file according to the region in which the factory is located in.
In support of the logistic work, and to ensure the continuity of transporting goods by the sea and preventing the spread of Corona Virus COVID , The Public Transport Authority extends the validity of Safety Certificates, remotely, for ships flying the Saudi flag by contacting the authority via the following email: m.
It is one of the employment support programs that aims to support job seekers in private sectors by bearing a percentage of employee wages according to specific rules, for employees who were hired from July 1, until now.
For more information about the program and how to register, you can see the attached file by clicking here and the related FAQ by clicking here. You can apply through the General Organization for Social Insurance website. Applying started on April 9th, and compensations will be issued starting from the beginning of May Compensation is paid to all workers in private sector establishments affected by the repercussions of the emerging Coronavirus pandemic, except for sectors that are not significantly affected by the it, such as:.
The establishment has to have been commited in regular paying wages to its employees during the first quarter of this year. To view the summary of the meeting devoted to the discussion on the Royal Decree, with the payment of a monthly compensation to the Saudi employees in the establishments affected by the repercussions of the Corona virus, click here.
What are the initiatives announced by the General Authority of Zakat and Tax to support the private sector? The Ministry of Interior has announced the launch of "Return" initiative to exceptionally support residents having exit and re-entry visa or final exit visa and wishing to fly to their countries by submitting an online request through "Absher" platform.
The ministry explained that the initiative is carried out in cooperation with a number of relevant government agencies, and will receive applications and approve them in coordination with the concerned authorities to complete their travel through international flights, where a text message will be sent to the beneficiary explaining the date of the trip, the ticket number and the booking information, in which the beneficiary issues the ticket and completes travel procedures.
You can apply through "Absher" e-services platform, then select Return icon and fill the following fields residence number - date of birth - mobile number - city of departure - airport of arrival , knowing that it is not necessary to have an account in Absher to get benefit from the service. The Ministry also confirmed that the departure will be "through the following airports: King Khalid International Airport in Riyadh, King Abdulaziz International Airport in Jeddah, King Mohammed Bin Abdulaziz International Airport in the city, and Prince Mohammed Bin Fahd Airport in Dammam, and it will allow beneficiaries outside these cities to reach to the airport of departure at a sufficient time before check in time.
Among the Kingdoms' government efforts to control the repercussions of the new Corona virus, The Ministry of Human Resources and Social Development has launched a decision to regulate the contractual relations between employees and employers.
Within the coming six months, and in case of any situation that requires a reduction in working hours or taking other procedures to limit the aggravation of the situation, The Ministry has allowed the employer to take action that may prevent him from fulfilling the obligations included in the labor system regulations or the work contract between him and the employee, starting with agreeing with the employee to reduce wages in proportion to the actual number of working hours, or granting the employee a leave that is calculated from the annual leave, or granting the employee an exceptional leave according to Article Hundred and Sixteen of labor system, knowing that termination of work contract is not legal if it is proven that the employer has benefited from any government subsidy to face this situation.
The ministry has also temporary allowed to benefit from the services of immigrant workers through "Ajir" as an alternative to external recruitment, where the ministry aims through this decision to protect employees during these circumstances from termination or loss of contractual benefits in the employment contract. Through this decision, the Ministry seeks to sustain the kingdom's labor market by urging both sides of the relationship to temporarily reduce operating expenses on the affected establishments and regulating the labor market, mitigating the economic impact on the private sector, and achieving the interests of both sides of the labor relationship under the new Coronavirus pandemic.
Among the efforts of the Kingdom of Saudi Arabia in controlling the repercussions of the new Coronavirus, and taking preventive and precautionary measures to confront any exceptional situation described as a force majeure, The Ministry of Human Resources and Social Development has launched a decision to regulate the contractual relations between employees and employers.
The Ministry approved a number of procedures related to wages, annual leaves and exceptional leaves that must be implemented and Committed to within the six months following the measures that have been taken in the happening circumstances or situations.