Riyadh, UAE—Saudi Arabia’s Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism, catering services and entertainment activities besides cooperation in operating residential and commercial complexes.
The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company at the Hajj and Umrah Services Conference and Exhibition “Expo Hajj 2023”, which is being held by the Ministry of Hajj and Umrah from Jan 9 – 12 in Jeddah.
The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.
The ministry also provides investors the opportunity to learn about the promising opportunities for sectors and the advantages and incentives offered by it.