The link has been copied successfully

Timeline for the Formation of the Ministry of Investment in the Kingdom

saudipedia Logo
Timeline for the Formation of the Ministry of Investment in the Kingdom
1 min read

The Ministry of Investment in the Kingdom of Saudi Arabia is a governmental entity dedicated to enabling investors to access its services through its main headquarters and various centers located throughout the Kingdom. The ministry facilitates licensing procedures and investor services by providing representatives from relevant government entities to streamline the required processes. Additionally, it offers support to investors throughout all stages of their business operations until they commence their activities.

1989

The year 1989 marks the beginning of the regulation of the investment sector in the Kingdom, with the issuance of the Saudi Consulting House Law.

2000

In 2000, the decision to form the General Investment Authority was issued.

2020

A decision was issued to transform the General Investment Authority into the Ministry of Investment in 2020.