Dabbagh, governor of Saudi Arabian General Investment Authority (SAGIA), said the jump in the new ranking was a major step toward achieving the “10 by10” goal sought by SAGIA to place the Kingdom in the top 10 countries in terms of investment. “Saudi Arabia has become the number one recipient of foreign direct investment in the Middle East. Inflows have increased from $2 billion to $18 billion in the last two years,”Al-Dabagh said. --MORE
