Investor Incentives
First: Customs ExemptionThe Authority exempts the imports of the industrial firms including the production requirements such as machines, equipment, spare parts, raw materials, intermediate materials, semi manufactured goods and packing materials according to the exemption rules accepted from G.C.C.
Second: Priority PurchasesIn the purchases of the government, public authorities and establishments, priority is to be given to the local industry products and national products (G.C.C. products) as follows: "Industrial local products have the priority in prices against similar foreign products with percentage not less than 10% and against similar national products (G.C.C. products) with percentage not exceed 5%."
Third:Support all industries factories for national origin through calculating added value to be able to export its products to Arab countries.
Fourth:Support all local products towards illegal dumping competitive through issue the "unified law (system) for anti-dumping and countervailing and safeguards measures in G.C.C countries".
Fifth:Prepare studies concerning establishing business-incubators for small industries and handcrafts and studies for establishing handcrafts complex to support these industries.