We invest our brain for future bright

Saudi Arabia is the store of 'qarun' among the middle east country, beside Qatar and Kuwait. When people tak about Saudi, they will imagine about its glory and rich among the people of arab.Saudi Arabia is the largest free market economy in the Middle East and North Africa holding 25% share of the total Arab GDP. The Kingdom’s geographic location provides easy access to export markets in Europe, Asia and Africa. It has a continuously expanding domestic market (annual population growth of 3.5 percent), which is adding to a young and consuming population with strong buying power. The investment environment in the Kingdom reflects traditions of liberal, open market private enterprise policies and its new Foreign Investment Law allows 100 percent foreign ownership of projects and real estate. The Kingdom has an impressive record of political and economic stability and has a modern world-class infrastructure.

Saudi Arabia has the biggest oil reserves in the world (25 percent). The Kingdom is endowed with other natural resources including a wide range of industrial raw materials and minerals such as bauxite, limestone, gypsum, and phosphate and iron ore. There are no restrictions on foreign exchange and repatriation of capital and profits. It has a very stable currency and has no foreign exchange curbs, and companies are allowed 100 percent repatriation of profits. The Kingdom is among the few countries in the world that allows companies to carry forward losses indefinitely, effectively relieving businesses of the tax burden until they become profitable. The Kingdom does not impose personal income tax. Labor cost in almost all spheres is low. Additional incentives offered to investors include:

Exemption of export goods from storage fees for 10 days. Annual land rent in industrial areas fixed at 2 US cents/square meter. Cut in corporate tax by 30 percent. 50 percent cut in port fees on all exports. Exemption of industrial machinery and equipment from duties.

Petrochemicals and downstream industries

* Natural gas extraction and distribution
* Water desalination
* Electrical power generation
* Information Technology
* Infrastructure
* Industrial equipment and spare parts
* Mining
* Tourism