Riyadh, Rabi'II 14, 1437, January 24, 2016, SPA -- Under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Eng. Abdullatif Al-Othman Governor, Saudi Arabian General Investment Authority (SAGIA) opened here today the 9th Global Competitiveness Forum (GCF 2016) in Riyadh. The participants in the three-day forum, included a group of leaders of thought, economy and businesses of the Kingdom of Saudi Arabia and the world. In his opening speech at the forum, Al-Othman stressed that the forum' session of this year coincides with the first anniversary of the Custodian of the Two Holy Mosques taking over the reins of power. Al-Othman highlighted the great achievements that have been achieved in the Kingdom under the wise leadership of the Custodian of the Two Holy Mosques during the last year. He said that despite the unrest and wars afflicting the region, the past year has seen a dynamic developmental and organizationally-intensive movement in the Kingdom, pointing out to the declaration of a number of policies and procedures to achieve broad structural reforms in the national economy, and the establishment of the Council of Economic Affairs and Development. --More 01:27 LOCAL TIME 22:27 GMT www.spa.gov.sa/w