Saudi Arabia’s Ministry of Investment has signed a memorandum of understanding (MoU) with national carrier Saudia Group to enhance services and support for investors.
This agreement aims to promote the Kingdom as an investment destination and facilitate a conducive environment for business growth.
The MoU was signed by Khaled Tash, Saudia Group’s Chief Marketing Officer, and Mohammed Aba Hussain, Deputy of Integrated Investors Services at the Ministry of Investment.
According to the MoU, Saudia will provide the ministry’s investors with a wide range of exclusive benefits, logistics and shipping services through Saudia Cargo, as well as private aviation and personal assistance (concierge) services provided through Saudia Private Aviation Company.
Both parties will foster the bilateral cooperation in organizing the ministry’s events at the local and international levels.
“This strategic partnership between Saudia Group and the Ministry of Investment represents a significant leap forward. It promotes our position as a comprehensive aviation system dedicated to advancing and achieving the ambitious objectives of Vision 2030,” said Khaled Tash, Saudia Group’s Chief Marketing Officer.
He added: “By collaborating closely, we aim to optimize travel logistics for key national projects, facilitating seamless mobility both to and within the Kingdom while offering exclusive travel benefits.”
The deputy of Integrated Investors Services at the Ministry of Investment stressed that the signing of the “strategic partnership with Saudia Group is a significant milestone for the Ministry of Investment. It goes beyond a mere agreement, symbolizing our unwavering commitment to providing exceptional services.”
“We aim to overcome all obstacles for investors and cultivate an ideal environment for their businesses to flourish within the Kingdom. This partnership offers a comprehensive package of benefits to investors, executives, and global companies to streamline their relocation experience,” he said.
In January, Saudi Arabia announced the launch of five new categories of distinguished residencies with the aim of increasing the attraction of exceptional talent, including executives, talents, investors, entrepreneurs, and real estate owners.
