The Saudi Crown Prince launches 4 new economic zones

Saudi Crown Prince Mohammed bin Salman announced the launch of four new economic zones in the Kingdom, distributed in Riyadh, Jizan, Ras al-Khair, and King Abdullah Economic City, north of Jeddah, according to a statement carried out by the official news agency, SPA. He stressed that these economic zones “constitute integrated logistical and industrial platforms … to provide an investment experience … to consolidate the Kingdom’s position as a transit gateway to the Middle East and Africa and a link between the East and West markets.”