The Chairman of Board of Directors of Riyadh Chamber of Commerce and Industry and Vice-President of the Council of Saudi Chambers of Commerce and Industry Abdulrahman Al-Jeraisey commended Saudi Arabia's strong economy and its ability for the improvement of investment competitiveness environment and its attraction of foreign investments. "This has enabled the Kingdom of Saudi Arabia to rank 11th among 183 states in terms of investment competitiveness environment," according to a report "Doing Business" issued recently by the International Finance Corporation (IFC), an affiliate the World Bank. In a statement to the Saudi Press Agency "SPA" today, he said that the Kingdom's advance from the 13th rank last year to 11th rank this year highlights the great efforts made by Saudi Arabian General Investment Authority (SAGIA) and its success in its plan to put the Kingdom of Saudi Arabia on the list of top ten countries in the world in terms of investment competitiveness environment in implementation of the directives of the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz Al Saud.
