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UNCTAD Official speaks on volume of foreign investment in Saudi Arabia
Saudi Press Agency Published in Saudi Press Agency on 21 - 10 - 2007

Chairman of development and investment sector at the United Nations Conference on Trade and Development (UNCTAD) Professor Hafiz Mirza disclosed here today in a press conference that the volume of foreign investments drawn by the Kingdom of Saudi Arabia in 2007 exceeded US $ 18 billion, showing an increase of 51 per cent compared to the year 2005.
The Kingdom of Saudi Arabia attained the 20th rank world-wide and takes the top position at the level of all Middle East and Arab Countries in term of attracting foreign investments while the United Arab Emirates came in the 2nd rank at Arab states level.
The press conference was also attended by the Governor of The Saudi Arabian General Investment Authority (SAGIA) Omer bin Abdullah Al-Dabagh.

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