RIYADH, Oct 30 (NNN-SPA) – The Saudi Arabian General Investment Authority (SAGIA), announced that, 23 investment agreements were signed, at the annual Future Investment Initiative, that started in Riyadh, on Tuesday.
The agreements totalled more than 15 billion U.S. dollars in value, SAGIA said.
Commenting on the agreements, Ibrahim Al-Omar, governor of SAGIA, said, they reflect the strength and diversity of the Saudi economy.
Under Saudi Vision 2030, Saudi Arabia is undergoing an ambitious programme of economic reform, he added.
According to the Saudi official, Saudi Arabia climbed 30 places in the World Bank’s Doing Business 2020 report, released this month.
The three-day Future Investment Initiative includes, panel discussions, involving 300 speakers of decision-makers, investors and experts from across the world.– NNN-SPA
