The Shura Council approved on Monday a new system for companies, aimed at developing the trade environment in the Kingdom and moving it to a better stage that competes with other international business environments.
Fahd Al-Takhifi, council member and Chairman of the Trade and Investment Committee, told Asharq Al-Awsat that the new system provides an incubating and stimulating regulatory environment for initiative and investment, boosts the value of companies, develops their activities and contributes to supporting the national economy.
