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Saudia Group Joins Forces with Investment Ministry to Aid Relocations

Strategic MoU Aims to Elevate Global Company Experiences in the Kingdom

by Huda Marshad
July 15, 2024
in Industry
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In a move designed to bolster the attractiveness of the Kingdom for business, Saudia Group has entered into a partnership with the Ministry of Investment by signing a Memorandum of Understanding (MoU). This strategic alliance will offer a robust package of benefits for prominent investors and senior executives of multinational corporations considering setting up operations in Saudi Arabia.

The pact, inked by Khaled Tash, Chief Marketing Officer of Saudia Group, and Mohammed Aba Hussain, Deputy of Integrated Investors Services at the Ministry of Investment, is aimed at providing a full suite of tailored advantages to global companies. The MoU includes exclusive benefits and access to Saudia Group’s most recent offerings, which encompass both logistical and shipping services through Saudia Cargo and high-end aviation and concierge services via Saudia Private.

Additionally, the collaboration will enhance joint participation in local and international events organized by the ministry, reinforcing both entities’ commitment to the Kingdom’s Vision 2030 and improving the business experience for investors.

This strategic partnership between Saudia Group and the Ministry of Investment represents a significant leap forward. said Khaled Tash. It enhances our position as a comprehensive aviation system dedicated to advancing and achieving the ambitious objectives of Vision 2030. By collaborating closely, we aim to optimize travel logistics for key national projects, facilitating seamless mobility both to and within the Kingdom while offering exclusive travel benefits.

Tash emphasized the crucial role Saudia Group plays in empowering cultural, tourism, Hajj, and Umrah programs and services, and in strengthening the Kingdom as a central logistics hub connecting three continents, promoting sustainable economic development and competitiveness.

Mohammed Aba Hussain remarked on the significance of the partnership, stating, The signing of this strategic partnership with Saudia Group is a significant milestone for the Ministry of Investment. It symbolizes our unwavering commitment to providing exceptional services. We aim to overcome all obstacles for investors and cultivate an ideal environment for their businesses to thrive within the Kingdom.

Aba Hussain further noted the Ministry’s commitment to creating a hassle-free and comfortable travel experience for investors, which includes personalized transportation solutions. He added, This partnership goes beyond exceptional travel services. It encompasses innovative logistics solutions, collaboration on global economic and investment events, and initiatives that strengthen the Kingdom’s position as a leading investment destination.

The partnership is seen as a collaborative effort with investors, focusing on their needs, challenges, and providing the necessary resources for a smooth investment journey in the Kingdom. By combining our expertise, we’re confident it will enhance the Kingdom’s competitiveness and attract high-caliber investments that fuel our nation’s development and prosperity, concluded Aba Hussain.

Tags: Investor SupportMinistry of InvestmentMOUSaudia GroupVision 2030
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