Riyadh, SPA :
The Saudi Arabian General Investment Authority (SAGIA) granted yesterday three investment licenses for a number of Japanese companies in addition to signing six memoranda of understanding between the two countries, in participation of a choice of leaders at the governmental sector, thought and economy of the two friendly countries in addition to a number of businesspeople.
In this context, the Minister of Commerce and Investment, Governor of the Saudi Arabian General Investment Authority (SAGIA) and Japanese Minister of Economy, Trade and Industry have granted three investment licenses including "SMBC" company in the field of financial and administrative consultations, "SB Energy" company in the field of renewable energy consultancy and "TADANO" office for providing scientific and technical services for the Saudi agents in the field of industry.
Minister of Energy, Industry and Mineral Resources Eng. Khaled bin Abdulaziz Al-Faleh; Minister of Commerce and Investment Dr. Majed bin Abdullah Al-Qasabi; Minister of Transport Eng. Nabil bin Mohammed Al-Amoudi; Governor of the Saudi Arabian General Investment Authority (SAGIA) Eng. Ibrahim bin Abdurrahman Al-Omar; Princess Rima bint Bandar bin Sultan Al Saud, Undersecretary of the General Sports Authority; Japanese Minister of Economy, Trade and Industry Hiroshige Seko and a number of Japanese senior officials have participated effectively in this forum.