London, Safar 12, 1436, Dec 4, 2014, SPA -- Prince Saud bin Khalid Al-Faisal, the Deputy President of the Saudi Arabian General Investment Authority (SAGIA) confirmed today the high profile of the investment environment of the infrastructure of the Kingdom of Saudi Arabia, citing its distinguished site in its regional and international zone. In a speech before the GCC - British economic forum which was held in London today, organized by the Arab British Chamber of Commerce in which Prince Andrew and GCC Secretary General Dr. Abdullatif Al-Zayani took place, Prince Saud bin Khalid Al-Faisal lauded the steady growth of the gross domestic product of the Kingdom in the current decade, which witnessed an increase from $214 billion in 2004 to $750 billion, making the Kingdom the G20's third fastest growing country. He said Saudi Arabia is open for foreign investment, citing new flexible regulations, reduced capital required for foreign companies and newly enacted legislations of commercial arbitration. --More 00:13 LOCAL TIME 21:13 GMT www.spa.gov.sa/w
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