Foreign investors

Foreign investors will be regarded as Saudi nationals.

With Ministry approval, the Nitaqat Saudization initiative now recognizes foreign investors as Saudis.. The Saudi Gazette reported that, according to the ministry’s Qiwa platform, these individuals will be considered on par with nationals in determining Saudization percentage Under the Nitaqat program, widows of non-Kingdom residents and offspring of local women married to non-Saudis are treated […]

Foreign investors will be regarded as Saudi nationals. Read More »