Dabbagh announced that the volume of foreign, direct and accumulating investments in the Kingdom amounted to SR 97.7 billion, noting that the projects excluded investment in prospecting oil, gas and minerals. Initial results estimated total foreign and joint investments executed in 2005 at SR 30.4 billion. Japan came first among countries invested in the Kingdom in the previous year with a sum of SR 807 billion. It was followed by the United Arab Emirates, Bahrain and the United States of America. With regard to accumulating investment, the Governor pointed out that the most important country investing in the Kingdom by 2005 was the United States of America with a sum of SR 35.34 billion in 265 projects followed by Japan (SR 17.15 billion, 35 projects) and the United Arab Emirates (SR 11.68 billion, 84 projects).