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Saudi SAGIA announces meansures to boost investment flow

06 Jun 2015

(MENAFN) Major steps taken by Saudi Arabia General Investment Authority (SAGIA) have contributed to the Kingdom becoming a prime investment destination in the region, Arab News reported.

This was stated by Saudi Arabia General Investment Authority (SAGIA) Gov. and Economic Cities Authority Chairman at the opening ceremony of the Investment Forum for the Economic Cities.

Describing the investment trend as very encouraging, he attributed it to the favorable business environment created by Custodian of the Two Mosques King Salman.

“We are in an era that focuses on the sources of revenue and sustainable development for the sons of this country. We, on our part in the government sector, have provided all support to the private sector,” he said.

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