The Saudi Arabian General Investment Authority (SAGIA) reports that as of March 21, it has, since its inception four years ago, issued 2,220 licenses to foreign operators for projects worth a total of SR57.328 billion (U.S. $15.28 billion). Of these, 1,526 projects with a total capital of SR38.905 billion ($10.37 billion) are for 100-percent foreign-owned projects.
Meanwhile, at the end of the business week today, the Saudi stock market index reached a record high of 5,089.64 points.

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