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KSA breaks into top 10 for FDI (7/25/2010)
Saudi Arabia was one of the top 10 most attractive countries in the world for Foreign Direct Investment (FDI) in 2009 with inflows reaching $36 billion, according to the World Investment Report (WIR 2010) released Thursday.
The report put the Kingdom at number eight in the world, and first among Arab and Middle East nations, with the USA, China and France leading the way globally.
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Foreign Direct Investment Expected to Grow 20 Percent in 2010 (4/4/2010)
Foreign direct investment (FDI) in the Kingdom is expected to boast a 20 percent growth rate compared to the previous year, when the global economic downturn negatively affected investment.
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SAGIA invites Turkish firms to invest in Kingdom (3/28/2010)
Responding to an invitation of the Investment Support and Promotion Agency of Turkey (ISPAT), a delegation of the Saudi Arabian General Investment Authority (SAGIA) headed by Gov. and Chairman of the Board of Directors Amr Al-Dabbagh, paid a visit to Turkey where they met senior officials in the government and private sectors. The Saudi Ambassador in Turkey, Muhammad Bin Rajaa Al-Huseini, attended the meetings.
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Google CEO sees bright Saudi Internet prospects (3/16/2010)
Eric Emerson Schmidt, chairman and CEO of Google Inc., said Monday that he was highly impressed by the Saudi economy. He also predicted that the Kingdom would achieve tremendous economic progress and technological advancement in the coming years.
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‘World becoming inter-dependent’ (1/26/2010)
Former British Prime Minister Tony Blair, who is also the envoy of the Mideast Quartet, called on nations to enhance competitiveness to create better conditions for business growth across the world and to look to the East for successful business modules.
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Michael Dell Emphasizes Role of Information Technology, Entrepreneurialism in Driving Sustainable Competitiveness (1/26/2010)
Dell Chairman and CEO Michael Dell today emphasized the critical role of information technology (IT) and entrepreneurial thought-leadership in helping organizations to remain competitive and achieve long-term success during his keynote speech to delegates attending the Global Competitiveness Forum in Riyadh, Saudi Arabia.
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SAGIA strives to meet 10x10 vision deadline (1/26/2010)
With just 11 months remaining until the Saudi Arabian General Investment Authority (SAGIA) has to meet the deadline to fulfill its revolutionary 10x10 economic vision, the organization is pushing forward in helping the Kingdom upgrade its regulatory regime to provide an optimal business environment.
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Ambitious plan launched at competitiveness forum (1/24/2010)
An ambitious new program that will require all the country’s economic cities to provide world class government services to residents and investors within 60 minutes, 24 hours a day and seven days a week was launched Saturday night in Riyadh at the 4th Global Competitiveness Forum 2010.
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4th Global Competitiveness Forum opens today (1/23/2010)
The fourth Global Competitiveness Forum begins Saturday in Riyadh, gathering noted experts from around the world, among them Nobel laureates, to discuss this year’s theme of “sustainable competitiveness”.
Held under the patronage of King Abdullah, Custodian of the Two Holy Mosques, the four-day forum is hosting 15 workshops that will look at “concepts of understanding, incentives, and requirements involved in achieving sustainable competitiveness from sociopolitical perspective.”
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Saudi Arabia receives top rank for four consecutive years as the best investment environment in the Middle East and North Africa (12/5/2009)
Dr. Al-Awwad, Deputy Governor of the Investment Authority and the 10 × 10 program leader, said that a clear vision, positive mechanisms, and solid benchmarks have driven the success of the Saudi Arabian General Investment Authority’s (SAGIA) new strategy to improve the investment climate.
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