At the signing of the MoU
The Ministry of Investment signed a memorandum of understanding (MoU) with Saudi Aramco to develop and promote investment opportunities and support the regional headquarters program.
The program to attract regional headquarters of international companies comes within the initiatives of the National Investment Strategy launched by Crown Prince Mohammed bin Salman.
These initiatives mainly aim to boost the national economy and diversify its sources, which will help achieve several Vision 2030 goals, including the promotion of foreign direct investments to contribute 5.7% to the Kingdom’s GDP, according to data available with Argaam.
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