The specialized ministerial team responsible for assessing foreign direct investment (FDI) in Saudi Arabia’s retail market is set to submit its findings by the end of March 2016, according to Saudi Press Agency citing the governor of the Saudi Arabian General Investment Authority (SAGIA), Abdullatif bin Ahmed Al-Othman. The report will include recommendations for criteria to allow FDI in the retail sector – this will vary depending on the type of activities foreign companies wish to engage in (direct consumer sales, sales through a supplier or manufacturing etc). Al Othman further added that a number of distinct global companies have already come forward with requests to enter the Saudi retail sector. (Argaam)