Saudia Group and Ministry of Investment Sign MoU to Support Investors in the Kingdom

Riyadh, Friday, 12 July 2024:

?Saudia Group and the Ministry of Investment have signed a Memorandum of Understanding (MoU) to support major investors and executives in global established companies aiming to relocate to the Kingdom. ?

?The MoU, signed by Khaled Tash, Saudia Group’s Chief Marketing Officer, and Mohammed Aba Hussain, Deputy of Integrated Investors Services at the Ministry of Investment, aims to provide a comprehensive package of benefits tailored for global companies.

Under the MoU, clients of the Ministry and investors will receive exclusive benefits and access to Saudia Group's latest offerings. Additionally, the partnership includes logistics and shipping services facilitated by Saudia Cargo, as well as premium aviation and concierge services provided by Saudia Private. The collaboration will extend to joint efforts in local and international events organized by the ministry. The partnership reflects the commitment of both parties to contribute to the 2030 Vision and elevate the investor’s experience.

Khaled Tash, Saudia Group’s Chief Marketing Officer, said: "This strategic partnership between Saudia Group and the Ministry of Investment represents a significant leap forward. It promotes 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 continued, "Saudia Group plays a crucial role in empowering cultural and tourism programs and activities, as well as Hajj and Umrah programs and services. We are committed to strengthening the Kingdom's position as a logistics hub connecting the three continents, thereby promoting sustainable economic development and competitiveness."

Mohammed Aba Hussein, Deputy of Integrated Investors Services at the Ministry of Investment, said: "The signing of this strategic partnership with Saudia Group is a significant milestone for the Ministry of Investment. It goes beyond a mere agreement, symbolizing our unwavering commitment to providing exceptional services. We aim to overcome all obstacles for investors and cultivate an ideal environment for their businesses to flourish within the Kingdom. This partnership offers a comprehensive package of benefits to investors, executives, and global companies to streamline their relocation experience.

?Aba Hussein added: "At the Ministry of Investment, we prioritize creating a seamless and comfortable travel experience for investors. This includes facilitating logistics and offering integrated transportation solutions tailored to their needs and aspirations. 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."

He further continued: “We take a collaborative approach with investors. We actively listen to their needs, understand their challenges, and work relentlessly to provide all the resources needed for a smooth investment journey in the Kingdom. This strategic partnership with Saudia Group is a significant step forward. 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."