• HSBC

Investment in Saudi up 107%

  • Saudi Arabia: Thursday, August 10 - 2006 at 07:43

Investment money is pouring into Saudi Arabia, with the Saudi Arabian General Investment Authority issuing investment licences worth $19.2bn in Q2 2006, a 107% increase over Q2 2005. Sagia says this is due to government efforts to improve the economic and investment climate, greater confidence in the economy, and the kingdom joining the WTO.

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