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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dammam - Asharq Al-Awsat

Kuwaiti Companies to Invest $90 Mln in Eastern Saudi Arabia

Two Kuwaiti companies sign investment contracts with Saudi Arabia’s Eastern Province, (Asharq Al-Awsat)

Kuwaiti investors have signed two investment contracts with the Eastern Province Municipality in Saudi Arabia to establish entertainment centers and a commercial mall, with a value of 340 million riyals ($90.6 million).

“Attracting investors from outside the Kingdom indicates that the Eastern Province possesses an attractive infrastructure for establishing investments that contribute to advancing development and creating job opportunities for the sons and daughters of the country in line with (Kingdom’s Vision 2030),” said Eastern Province Governor Prince Saud bin Nayef during the ceremony for inking the contracts.

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