The Saudi Minister of Investment, Engineer Khalid Al-Falih, revealed that the investment sector in Saudi Arabia achieved a growth of 31 percent in 2022, exceeding one trillion riyals (about $ 266.6 billion), for the first time in the history of the Kingdom. During the launch of the Saudi Forum for Investment in Economic Zones, he stressed, "The Kingdom has witnessed a dramatic shift, as it has become a destination for investment, with the flow of external cash."
For his part, Saudi Finance Minister Mohammed Al-Jadaan disclosed the provision of various tax incentives to investors of economic zones in the Kingdom. Pointing out that we will pass tax cuts for twenty years so that investors can plan for the long term.
Source (Al-Arabiya.net Website, Edited)
