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in the recent times... Saudi government is undertaking steps to improve the investment climate in Saudi Arabia by adopting new capital market and insurance company control laws. Some revisions in the tax code to reduce taxes on foreign-owned capital have also been made by the government. The UAE is also striking potential investment opportunities in Saudi Arabia through the economic cities. These economic cities include King Abdullah, Knowledge, Prince Abdulaziz Bin Mousaed, and Jizan.....
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