2005 News Story
 

12/01/2005
SAGIA grants licenses for 126 investment projects worth $960 million

The Saudi Arabian General Investment Authority (SAGIA) has granted licenses for 126 investment projects worth around $960 million, the Arab News reported today.


SAGIA disclosed that the 3rd quarter of 2005 saw an increase in investments of 223 percent over the 3rd quarter of 2004.

Including the 3rd quarter results, total investment in Saudi Arabia is $18.3 billion, according to SAGIA.

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