Beautiful Virgin Islands


Saudi Arabia launches new economic zone with Apple among its first investors

Saudi Arabia launches new economic zone with Apple among its first investors

Saudi Arabia launched its first fully integrated special economic zone with tech-leader Apple among its first investors, Minister of Transport and Logistics Services Saleh al-Jasser said in an interview with Al Arabiya.
The Special Integrated Logistics Zone was inaugurated during an event held in the Saudi capital Riyadh marking another move in which the Kingdom aims to become a regional and global hub.Apple’s new center will not only serve Saudi Arabia, but the region, Africa and other countries, al-Jasser said.

He added that the Special Integrated Logistics Zone falls within the premises of King Khalid International Airport and spans across 3 million square meters that can be expanded. Al-Jasser also noted that the Kingdom is targeting “100 of the biggest global companies to build logistical centers for them in this zone.”

The minister added that the zone offers investors many privileges such as developed services and advanced infrastructure.

“There are also tax-related benefits and exemption from corporate tax for 50 years, exemption from Value Added Tax as well as offering flexibility and privileges related to labor regulations,” al-Jasser said noting that other incentives will be put in place to encourage companies and facilitate their work.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Unelected PM of the UK holds an emergency meeting because a candidate got voted in… which he says is a threat to democracy…
I have a dream, MLK inspiring speech
Rob Schneider explains California reparations legislation.
Aretha Franklin, Marvis Staples - Oh Happy Day
Who knew badminton could get so intense?
BVI Freedom Song
Farmers break through police barriers in Brussels.
Billy Preston - You Can't Beat God Giving (Live)
London's Iconic British Telecom Tower Sold To Become Hotel
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Ukraine Arrests Father-Son Duo In Lockbit Cybercrime Bust
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
US Offers $15 Million For Info On Leaders Of Cybercrime Group Lockbit
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Russia Claims UK Cultural Agency Spied for Ukraine
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Apple warns against drying iPhones with rice
Hello Dolly
Alexei Navalny: UK sanctions Russian prison chiefs after activist's death
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
German economy is in 'troubled waters' - ministry
Bob Marley - Get Up Stand Up
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Yes He Can
New video
What A Friend We Have In Jesus
Tucker Carlson says Boris Johnson wants "a million dollars, in Bitcoin or cash, from Tucker Carlson to talk about Ukraine.
Unforgettable
Russia is rebuilding capacity to destabilize European countries, new UK report warns
Touch The Hem Of His Garment
EU Commission wants anti-drone defenses at Brussels HQ
The Lord's Prayer
Von der Leyen’s 2nd-term pitch: More military might, less climate talk
THE GOD MOVEMENT...BEAUTIFUL BVI
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Siyahamba
Prince William Urges End to Gaza Conflict
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
UK court to hear Assange's final appeal against extradition to the US, where he faces charges related to his journalistic work—the publication of a classified video in 2010 that exposed US war crimes against humanity.
Ramblin' Rose
About 50-60% kids either chose to be YouTuber or influencer
Protoje - Who Knows ft. Chronixx
A viral video of Nationals MP Barnaby Joyce lying on a Canberra footpath is celebrated by his media mates.
Pressure - Virgin Islands Nice
European Countries React to Navalny's Death by Summoning Russian Diplomats
Phil Wickham - House Of The Lord
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
My God Is Real (Yes, God Is Real)
English farmers to be offered ‘largest ever’ grant scheme amid food security concerns
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Cameron government knew Post Office ditched Horizon IT investigation
Louis Armstrong - When The Saints Go Marching In
EU Calls for Immediate Ceasefire in Gaza Conflict
Kanye West Sunday Service - hallelujah, salvation, and glory
EU Vows To Hold Putin "Accountable" After Meeting Alexei Navalny's Wife
Jonathan Nelson - I Believe (Island Medley
EU Launches Probe Into TikTok Over Child Protection Under Digital Content Law
From The Virgin Islands Sqad Up
The EU Initiates Naval Mission to Defend Red Sea Trade Routes
Common, John Legend - Glory
EU and UK Announce Joint Effort on Migration
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
Brazil's Lula Likens Gaza Operation to Holocaust, Israel Says "Red Line" Crossed
I have a dream, MLK inspiring speech
Ministers Confirm Proposal to Prohibit Mobile Phone Usage in English Schools
Aretha Franklin, Marvis Staples - Oh Happy Day
Microsoft-backed OpenAI valued at $80bn after company completes deal
BVI Freedom Song
‘Alexei would want to tell Russia not to give up fighting’
Billy Preston - You Can't Beat God Giving (Live)
Rwandan Footballer's Dismissal Sparks Concerns Over UK Asylum Plan
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Whisky Challenges China's Baijiu Market During New Year Celebrations
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Avdiivka - Symbol Of Ukrainian Resistance Now In Control Of Russian Troops
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Putin Critic Alexei Navalny's "Killers" Refusing To Hand Over Body, Say Allies
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
×