Saudi Arabian General Investment Authority
The Saudi Arabian General Investment Authority (SAGIA) is a government agency responsible for promoting and facilitating investment in Saudi Arabia. Established in 2000, its primary goal is to attract foreign direct investment (FDI) to diversify the economy and support the country's development plans.
SAGIA provides various services to investors, including information on investment opportunities, regulatory guidance, and assistance with permits and licenses. The agency plays a crucial role in enhancing the business environment and fostering economic growth in line with the Vision 2030 initiative, which aims to reduce the country's dependence on oil.