Riyadh – Mubasher: The Saudi Arabian General Investment Authority (SAGIA) has granted four investments licenses to Russian companies, according to SAGIA’s Twitter on Monday.
The licenses were provided to Contact Saudi Contracting Company, Group Saudi Arabia, Saudi Russian Company for Management Consulting, and Geopolsar.
The authority added that a total of 17 memoranda of understanding (MoUs) between Saudi Arabia and Russia were signed in different fields including telecommunication, petrochemical, and energy.