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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar Al-Mosalam

Saudi Arabia Approves New Center for Special Economic Zones in Riyadh

Higher authorities have approved the organizational arrangements for a new center for economic zones in Riyadh. (Asharq Al-Awsat)

Official information revealed that higher authorities have approved the organizational arrangements for a new center for economic zones in Riyadh. The Royal Commission for the Saudi capital would be the competent authority to supervise these zones.

Last year, Crown Prince Mohammad bin Salman revealed a new strategy for the development of Riyadh as part of the Kingdom’s plans to diversify sources of income and grow the economy. The strategy aims to make Riyadh one of the 10 largest city economies in the world.

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