The Ministry of Investment is the competent authority and main reference in the Kingdom of Saudi Arabia for regulating and developing both local and foreign investments, established in 2020. The main headquarters is located in the capital city of Riyadh, with several regional relationship centers strategically situated in cities like Riyadh, Jeddah, Dammam, al-Jubail, and al-Madinah al-Munawwarah.
The Ministry's role encompasses formulating the national investment strategy, overseeing its implementation, establishing general policies to foster investment development, issuing investment licenses, and attracting foreign investments to Saudi Arabia. The ministry works across sectors such as technology, healthcare, tourism, and energy, providing streamlined licensing, investor support, and policy reforms. The organization employs 1,001-5,000 people.
In 2020, a royal order replaced the Saudi Arabian General Investment Authority with the Ministry of Investment under Khalid Al-Falih, the former chairman of Saudi Aramco. The ministry is led by His Excellency Minister Fahad Al-Saif.
Facts compiled by Executive Moves from publicly available news and press releases on 24 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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