The international economic crisis is not going to affect the Saudi economy in any ways and there is going to be no negative results in the following years, according to Abdullateef Al- Shallash, the delegated member of Dar Al-Arkan to Jeddah Chamber of Commerce and Industry. Dar Al-Arkan is now holding the new developing projects in south Jeddah (Khozam Zone). Al-Shallash said all the Saudi capitals are invested in the Kingdom and not in the international markets. “The economy in this country is still beginning to start growing and the possibility that we are going to fail is weak because we invest in local projects and local capital,” he said. In the next 10 years, Saudi Arabia will need 45 millions residential units with an investment amounting to 2 trillion, he further said. “This made the company introduced Sukuk that allows the company to bring the money from different countries around the world such as Malaysia and Singapore to invest inside Saudi Arabia.” __
