27 Aug 2017
(MENAFN) Saudi Arabia will permit foreign investors to take 100 percent ownership of firms in its health and education sectors, to ease ownership restrictions on global firms.
Meanwhile, in the health sector, the ministry will be a regulator and not a service provider, which will open up USD180bn of investment chances in the sector through the coming five years.
Furthermore, the government seeks to spread the economy beyond oil exports amid a slump in oil prices, while it was launching a privatization program that would raise more than USD200bn.
Recently, the government is studying whether to sell off all public hospitals and 200.000 pharmacies and has started the process for the King Faisal Specialist Hospital.
MENAFN2708201700450000ID1095775731
MENAFN2708201700450000ID1095775731
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more