Riyadh - The Saudi Arabian General Investment Authority (SAGIA) has granted eleven innovative licenses for a group of entrepreneurs on the sidelines of the Misk Global Forum being held at Four Seasons Hotel in Riyadh for two days.

Dr. Majed bin Abdullah Al-Qassibi, Minister of the Commerce and Investment and Chairman of the Board of Directors of SAGIA, granted 11 innovative licenses for 11 companies.

This forum is an international platform organized by MiSk Foundation which is established by Crown Prince Mohammed bin Salman bin Abdualziz, Deputy Premier and Minister of Defense, to discover, develop and enable young people participating effectively in the knowledge economy.

The Misk Global Forum includes the young leaders, innovators and intellectuals with global innovators under one roof in order to discover ways facing challenges of change and acquiring experiences.

SAGIA seeks to attract more investments, increase participation of the private sectors in the gross domestic production and support the Saudi youth to establish their own projects in light of the Kingdom Vision 2030 for the economic diversity and creating jobs for the citizens in a number of promising fields.

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