Saudi Arabia To Open Investment Office in India

Saudi Arabia’s Investment Minister Khalid Al-Falih announced that the government is looking into setting up an investment office in India.

Al-Falih was speaking at the India-Saudi Investment Forum in New Delhi on Monday as Crown Prince Mohamed bin Salman concluded his state visit.

“I will commit today that we will open an office in India for investment facilitation,” said Al-Falih.

The Saudi minister said that the government will send a delegation to India to look into opening such an office.

He stated, “Within the next few weeks, I commit that we will send a strong delegation to GIFT City in Gujarat to look at where we should set up an office for our ministry of investment, whether it should be Mumbai, Delhi or in GIFT City itself.”

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