Othman, Acting Governor of General Investment Authority, delivered a speech in which he thanked the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud for his patronage, highlighting a support provided by the Saudi government for investment affairs and investors in the Kingdom. He added "there are many challenges facing the global economy following the global financial crisis. Raising level of competitiveness and increasing exports are necessity today. We have to support the companies and achieve a number of reforms to activate rates of development, to stimulate the private sector, and to increase employment." Eng. Abdullatif highlighted the Kingdom's achievements and developments in the field of economy and investment. Then, Eng. Abdullatif opened "Invest in Saudi Arabia" Exhibition and toured the exhibition. In a statement to Saudi Press Agency (SPA), Dr. Ibrahim bin Abdulaziz Al-Assaf, Minister of Finance, said that the government of the Custodian of the Two Holy Mosques' efforts in achieving highest degree of competitiveness for the Saudi economy are joint effort among all relevant sectors in the Kingdom. Al-Assaf added that the Kingdom ranked an advanced position in accordance with the World Bank's classification with regard to the performance of business and economy.
