|Halal Ranking||1st in CSR Islamic Finance Development Indicator; 6th Overall Islamic Finance Development Indicator; 4th in Global Muslim Travel Index (GMTI 2015)/Crescentrating|
|Halal-related agencies Intro|
Saudi Food and Drug Authority has information relevant to commercial interests in Halal products, as well as pharmaceuticals, cosmetics and medical devices.
Saudi Standards, Metrology and Quality Organization (SASO) maintains qualifications for consumer safety.
|Halal compliance guidelines Intro|
|Halal-related trade and trading|
Department of Halal Meat at the Muslim World League e-mail: firstname.lastname@example.org
|Investment and Export Promotion Agencies Intro|
SAGIA (Saudi Arabia General Investment Authority)
Saudi Export Development Authority (SEDA)
Saudi Industrial Development Fund (SIDF), an independent entity within the Ministry of Commerce and Industry, is one important source of financing for investors.
|Investment and Export Promotion Agencies Names||Saudi Arabian General Investment Authority|
Saudi Arabia has a large number of trade agreements that are detailed on their What You Need To Know Page at SAGIA
Saudi Arabia has Investment Promotion & Protection Agreements with Austria, Belgium, China, France, Germany, Italy, Malaysia, and Taiwan. The Kingdom has cooperation agreements of varying scope with 36 countries, including an agreement on secured private investment with the United States that has been in place since February 1975. The United States and Saudi Arabia signed a Trade and Investment Framework Agreement in 2003.
|Company ownership limits |
(foreign and local)
The Saudi authorities announced in September 2015 that foreign investors would be able to own 100 percent of retail and wholesale businesses.
|Media & Recreation||32.77|
|Pharma & Cosmetics||46.57|
Shariah-compliant Nayifat Finance to proceed with IPO on Saudi stock exchange18 Jun 2019 | finance-investing
Indonesia top Muslim-majority country for foreign direct investments in 2018 – U.N. agency14 Jun 2019 | finance-investing
Global factoring body, Int’l Islamic Trade Finance Corp forming new Islamic Factoring Chapter to support SMEs11 Jun 2019 | finance-investing
Saudi inventor working to create digital Qur’an for visually impaired11 Jun 2019 | production
Close to 1 mln pilgrims performed umrah over Eid al Fitr – Saudi ministry10 Jun 2019 | regulations-compliance
Biggest Q1 sukuk issuers Malaysia, Indonesia, Saudi but Kuwait, Turkey rising - RAM Ratings16 May 2019 | production
Saudi Arabia woos foreign tourists with curated ‘seasons’ and new ‘event visit’ visa14 May 2019 | marketing-sales
Saudi Arabia’s Hajj Ministry launches new interactive portal08 May 2019 | all-sectors
DIY Umrah: New e-visa cuts processing time from days to minutes, enables launch of new provider UmrahMe.com03 May 2019 | distribution-logistics
Tourism to contribute $70 bn to Saudi economy in 2019, religious sector biggest contributor28 Apr 2019 | all-sectors
Experiences and sustainability: Muslim-friendly travel quickly evolving as consumers demand more than just halal food and hotels06-May-2019
Int’l Women’s Day 2019: Studies to inform the Islamic economy to think equal, build smart, innovate for change08-Mar-2019
30 mln pilgrims by 2030: Travel agents upbeat about their competitive advantages over increasing digitalisation and ‘DIY Umrah’07-Mar-2019
Which countries lead the world in the Islamic economy?12-Feb-2019