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Investment Competition Center in Riyadh

Investment Competition Center in Riyadh latest

Al Bawaba
June 5th, 2006 - 01:22 GMT

More FDI expected in Saudi Arabia

The Saudi Arabian General Investment Authority (SAGIA) expects the cumulative value of Foreign Direct Investment (FDI) in the Kingdom to reach $1 trillion by 2020, according to new reports. SAGIA data shows a 30-fold increase in investments in the Kingdom over last year; around SR200 billion. The International Finance Corporation, the private sector arm of the World Bank, ranks Saudi Arabia as providing the best investment climate in the Arab ...
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